Perhaps the biggest indicator of the recognition of behind-the-meter storage so far this year has been the acquisition of Sonnen by oil major Shell. CEO Christoph Ostermann spoke to Andy Colthorpe about why home storage uptake could be on a worldwide series of inflection points.
Breaking 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.
Infrastructure development and engineering company Black & Veatch has just completed a microgrid project in the US for Shell which is set to help inform the oil and gas company on its next steps into distributed energy.
UK developer and constructor of clean energy projects Anesco and Shell’s New Energies division are to partner on a utility-scale battery storage project in Norfolk, east England.
Shell, which has just participated in an investment round for sonnen, is one of the big players in the incumbent energy industry that “really acts” on clean energy, rather than just talking about it, sonnen’s CEO has said.
Shell has continued to scale-up its interest in distributed energy by participating in a €60 million (US$70.23 million) investment round by German battery storage firm sonnen.
Oil major Shell is to purchase 20MW of energy storage from Advanced Microgrid Solutions (AMS).