NantEnergy acquires Sharp’s energy systems & services business in US

By Conor Ryan
LinkedIn
Twitter
Reddit
Facebook
Email
Sharp’s energy systems business boasts an active pipeline exceeding 60MW of commercial and industrial solar plus storage sites in the US. Image: Sharp

NantEnergy has acquired Sharp Electronics Corporation’s US-based energy systems and services business, which develops and delivers energy management systems across the country.

As part of the deal, NantEnergy retained the entire Energy Systems and Services team, including Carl Mansfield, former general manager and founder of Sharp’s energy system and services group. Mansfield will continue with NantEnergy as vice president, system solutions. Among the products that NantEnergy will acquire includes the SmartStorage behind-the-meter energy storage system.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Dr. Patrick Soon-Shiong, chairman of NantEnergy, said: “Adding Sharp’s sizable and world-class energy storage business to the NantEnergy service portfolio is an important step in our mission to accelerate the worldwide transformation to clean, reliable energy through intelligent energy storage solutions. The acquisition of Sharp’s energy systems business and the SmartStorage brand immediately creates a foothold for NantEnergy in the US, particularly in the important California market.”

Prior to the deal, Sharp’s energy systems business was previously rated by Navigant Research as a top 10 distributed-scale energy storage systems integrator in the US market, along with boasting an active pipeline exceeding 60MW of commercial and industrial solar plus storage sites in the country.

With this acquisition, NantEnergy will continue to promote the SmartStorage system. NantEnergy’s management team now possesses over 100 years of combined experience in the energy storage industry.

NantEnergy chief technology officer Ramkumar Krishnan said: “The technology and software capabilities of the SmartStorage product are complementary to NantEnergy’s proven technology and products in telecom and microgrid markets and enable us to become a leader not only in behind-the-meter applications but also in the broader stationary energy storage market.”

Mansfield added: “The SmartStorage team continually aims to make energy storage accessible, affordable and simple for our customers, guaranteeing that performance will be delivered. NantEnergy’s proven technologies will enable us to offer new SmartStorage products and expanded capabilities in the future. I have ultimate confidence in the direction and promise of SmartStorage and NantEnergy, and I look forward to working with a leadership team that shares my passion for growing and innovating in the energy storage market.”

Read Next

July 17, 2025
D.E. Shaw Renewable Investments (DESRI) has started construction at a 150MW solar-plus-storage project in the US state of New Mexico, the BESS for which will be manufactured in the US by LG Energy Solution.
July 16, 2025
London Stock Exchange-listed Gore Street Energy Storage Fund (GSF) has entered into an agreement to sell its investment tax credits (ITCs) for the Big Rock energy storage project in California, US.
Premium
July 16, 2025
California community choice aggregator Ava Community Energy’s new BESS offtake agreements with EDP Renewables incorporate measures to share policy risks.
Premium
July 16, 2025
Peak Energy president and CCO Cameron Dales speaks with Energy-Storage.news about the state of the battery storage industry after the signing of the Budget Reconciliation Act into law.
July 14, 2025
Two companies, First Phosphate and LG Energy Solution have recently begun manufacturing lithium iron phosphate (LFP) battery cells in North America.

Most Popular

Email Newsletter