Energy data start-up Modo has appointed Nima Tabatabai as chief product officer following stints at Kiwi Power and Piclo.
Tabatabai is to lead product strategy in support of Modo’s aim to become the number one data platform for energy storage and energy flexibility in Great Britain.
Already, the company has raised over £1 million in investment to help it scale up the energy data analytics software, with this investment coming as part of a Seed+ funding round from both new and existing investors including founder of BloombergNEF Michael Liebreich.
Prior to joining Modo, Tabatabai was a member of the product team at Kiwi Power, as well as having also been the first employee at Piclo and having held several project engineering roles at Endurance Wind Power, Siemens Wind Power, Mistubishi Hitachi Power Systems Europe and Alstom Power.
Tabatabai is to work with Modo’s customers, partners, engineers and data analysts to deliver a digital product that enables subscribers to better understand energy markets by delivering comprehensive energy market data insights.
In October 2020, the company announced that battery storage firm Sembcorp Energy UK had subscribed to the platform, which was to provide the company with key insights, industry news and real-time market intelligence. As part of this, Sembcorp would also be offering feedback to help shape and develop the platform.
“A byproduct of the energy transition is a step change increase in the complexity of energy markets and the speed at which those markets are changing,” Tabatabai said, adding that market participants must now be fully informed, something which Modo is enabling.