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Articles tagged with: Funding

Interviews
Sonnen CEO: US$85 million investment will grow international presence and new business models alike

Sonnen CEO: US$85 million investment will grow international presence and new business models alike

17 Oct 2016, 15:43
• By Andy Colthorpe

Germany headquartered “intelligent battery storage” and energy services provider Sonnen has just obtained US$85 million in its fourth financing round, from a range of investors. The company said the funds would be used both home and abroad, with Sonnen operating in markets including Italy, Australia, the US and the UK. Andy Colthorpe spoke with the company’s CEO Christoph Ostermann to learn more.

Long-duration storage technologies main victor of SGIP reforms

Long-duration storage technologies main victor of SGIP reforms

6 Jul 2016, 17:16

The California Public Utilities Commission (CPUC) has reformed the Self-Generation Incentive Programme (SGIP) that finances the installation of distributed generation technologies, to now benefit long-duration technologies that previously missed out on the incentive, through the extended US$83 million a year for behind-the-meter storage.