- CEO
- Shlomi Palas
- Full Time Employees
- 11
- Sector
- Utilities
- Industry
- Renewable Utilities
- Address
- 301 McCullough Drive Charlotte NC United States of America 28262
- IPO Date
- Mar 16, 2010
- Business
- Blue Sphere Corporation operates as a developer and independent power producer in the clean energy production and waste-to-energy markets. The company manufactures and operates biogas facilities that primarily convert organic waste into electricity, while also generating heat, natural gas, and organic byproducts such as soil amendments and compost. Its projects focus on the acquisition, construction, and development of biogas plants in the United States, Italy, the Netherlands, the United Kingdom, and Israel. Blue Sphere’s product portfolio includes renewable electricity from biogas, carbon-neutral natural gas, and various organic byproducts derived from waste treatment processes.
Founded in 2007 and headquartered in Charlotte, North Carolina, Blue Sphere has expanded through subsidiaries such as Bluesphere Pavia in Italy and Blue Sphere Brabant B.V. in the Netherlands. The company’s recent major developments include the financial closing and ongoing development of the Sterksel waste-to-energy project in the Netherlands, designed to produce over 10 megawatts of electrical power and upgraded biomethane for the grid. This project is supported by a long-term biomethane purchase agreement with GasTerra B.V., a major Dutch gas wholesaler, securing a twelve-year supply deal. Blue Sphere has pursued a strategic acquisition and consolidation approach, notably integrating multiple biogas facilities in Italy to increase revenue and operational scale.
In addition to biogas production, Blue Sphere is advancing energy storage through its subsidiary Bluesphere Power, which designs and develops 5-megawatt standalone battery storage systems aimed at enhancing grid reliability and enabling utilities and renewable energy producers to meet clean energy mandates. These battery solutions capitalize on federal and state incentives in multiple markets and aim to provide scalable, revenue-generating opportunities for investors. The company’s recent focus on energy storage and long-term growth in the waste-to-energy sector aligns with global shifts towards sustainable energy solutions.
Blue Sphere targets institutional investors, utility providers, and governments operating primarily in North America and Europe. The company continues to leverage partnerships and long-term supply contracts to solidify its position in the renewable energy industry and drive expanded operational capacity across multiple jurisdictions.
Overall, Blue Sphere Corporation is a diversified renewable energy company specializing in the development, ownership, and operation of biogas and energy storage assets, with recent strategic expansions including key project developments in the Netherlands, consolidation of Italian assets, and growth in energy storage offerings designed to support grid stability and clean energy transitions across its markets.