The Acquisitions and Business Opportunities Reshaping Distributed Storage [GTM Squared]
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Tagged Mergers and Acquisitions
Shell Acquires sonnen!
By Kyle Field Shell is diving off the deep end into energy storage with the acquisition of 100% of Germany energy storage and solution provider sonnen Read Full Article Here For more great articles: Clean Technica
Shell to acquire battery firm sonnen
Shell is to acquire German battery storage manufacturer sonnen in a bid to accelerate its home energy services position. Read Full Article Here For more great articles: PV-Tech
Shell acquires sonnen to expand clean energy offerings
By Kelsey Misbrener Shell* has agreed to acquire 100% of sonnen, a leader in smart energy storage systems and innovative energy services for households. This follows an investment by Shell in May 2018 and means that, post regulatory approval and completion, sonnen will become a wholly owned subsidiary of Shell. “sonnen is one of the…
Does The Renewable Energy Wave Include Shell & BP?
By Guest Contributor The electric car world stops when Tesla shareholder calls happen, but another significant development occurred in late January when Shell New Energies US, LLL, a wholly-owned subsidiary of Shell, acquired Greenlots, an electric car charging software and hardware company. The acquisition raises questions about fossil-fuel companies and their approach with the electric…
Citi to power its Texas operations with wind energy
By Michelle Froese Citi has entered into a new agreement to supply clean, renewable energy for a multi-year term to its operations in Texas. The power adds to Citi’s existing renewable supply, contributing to the bank’s goal to supply 100% renewable energy to power Citi’s facilities globally by 2020. This renewable transaction puts Citi on…
WEG buys NPS storage business
Brazilian manufacturer WEG has acquired the energy storage business of US firm Northern Power Systems, two years after buying its wind turbine unit. Read Full Article Here For more great articles: Wind Power News & Analysis RSS Feed
AEP ramps up aggressive US wind acquisition drive
By Richard A. Kessler in Fort Worth Giant utility holding company is paying $551m for facility stakes in seven states, as it rebounds from the high-profile collapse of its 2GW Wind Catcher project last year Read Full Article Here For more great articles: www.rechargenews.com
Skyline Renewables acquires more U.S. wind assets
By Michelle Froese Skyline Renewables has purchased a 117-MW wind portfolio from NJR Clean Energy Ventures (CEV), the clean energy subsidiary of New Jersey Resources. The U.S. wind farms are located in Iowa, Kansas, Pennsylvania, and Wyoming providing clean renewable energy to major population centers across the country. With this latest acquisition, Skyline Renewables says…
WiTricity acquires Qualcomm Halo; unifying technology platforms for wireless EV charging
By mmillikin WiTricity, the industry pioneer in wireless power transfer (WPT), has acquired from Qualcomm Incorporated and Qualcomm Technologies, Inc. certain technology platform and IP assets, which will bring more than 1,500 patents and patent applications related to wireless charging that WiTricity will own or control. Through the transaction, Qualcomm Incorporated will become a minority…
Exorcism of Unemployment- Switching to Solar
By Gyanesh Chaudhary Current progress in India indicates incredible growth in business and industry development, testified by the country’s acquirement of 77th position On World Bank’s Ease Of Doing Business Report from 126th rank in 2016. However, factoring in 6.1% (NSSO data) current unemployment rate it is important to note that unemployment in the country…
LIPA’s 15-turbine offshore wind farm takes on another owner #NY
By National Wind Watch LIPA’s plan for a 15-turbine offshore wind farm to power the South Fork has taken on another owner as Danish developer Ørsted has sold a 50 percent interest in the project to New England energy company Eversource. The transaction, announced Friday morning, marks the second time in four months the $1.62…
New SunPower Oregon Facility Is Now Producing 19% Efficient Solar Panels
By Joshua S Hill Silicon Valley-based solar manufacturer SunPower has finally returned to manufacturing in the United States as it announced on Thursday its newly-acquired Hillsboro, Oregon facility is now assembling the company’s high-quality 19% efficient Performance Series solar panel (P19 or P-Series) for US commercial customers. Read Full Article Here For more great articles:…
Ørsted divests 50% of South Fork, Revolution Wind and two New England offshore wind lease areas
By Michelle Froese Ørsted, the global provider in offshore wind, and Eversource, New England’s largest energy company and premier electric transmission builder, announced that they have entered into a 50-50 partnership for key offshore wind assets in the Northeast. Ørsted has today divested 50% of certain recently acquired offshore wind assets to leading New England…
Former SolarWorld facility in Oregon now officially transitioned to SunPower P-Series module production
By Kelly Pickerel In October 2018, SunPower acquired the SolarWorld Americas facility in Hillsboro, Oregon, making good on its commitment to invest in American manufacturing. Just four months later, SunPower is assembling its high-quality 19% efficient Performance Series solar panel (P19 or P-Series) for commercial customers in the U.S. factory, leveraging U.S.-made automated stringing equipment…