Shell to acquire battery firm sonnen

By Liam Stoker
LinkedIn
Twitter
Reddit
Facebook
Email
The deal comes less than a year after Shell’s initial investment in sonnen. Source: Sonnen

Shell is to acquire German battery storage manufacturer sonnen in a bid to accelerate its home energy services position.

Sonnen is to sit as a wholly-owned subsidiary of Shell should the acquisition clear regulatory approvals, and the deal comes less than a year after Shell made an investment in the battery firm.

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

The companies said the deal stood to accelerate their respective abilities to provide integrated energy services and electric vehicle charging solutions to homes, while also benefitting the provision of grid services via sonnen’s virtual power plant platform.

Mark Gainsborough, executive vice president for new energies at Shell, said full ownership of sonnen would allow it to offer customers more choice over their energy consumption.

“Together, we can accelerate the building of a customer-focused energy system in support of Shell’s strategy to offer more and cleaner energy solutions to customers.”

Shell’s interest in catering for consumers’ home energy needs is well documented and has escalated since it acquired independent supplier First Utility in December 2017.

Its New Energies unit has also become home to a host of other decarbonised and decentralised energy investments over the last few months including solar developers Silicon Ranch and Cleantech Solar and Dutch EV group NewMotion.

Christoph Ostermann, chief executive and co-founder at sonnen, said: “Shell New Energies is the perfect partner for helping us grow in a market that is expanding rapidly. With this investment we’re excited to help more households to become energy independent and benefit from new opportunities in the energy market. Shell will help drive the growth of sonnen to a new level and help speed up the transformation of the energy system.”

No financial terms of the deal have been disclosed.

11 November 2025
San Diego, USA
The 2024 Summit included innovative new features including a ‘Crash Course in Battery Asset Management’, Ask-Me-Anything formats and debate-style sessions. You can expect to meet and network with all the key industry players again in 2025 from major US asset owners, operators, RTOs and ISOs, optimizers, software and analytics providers, technical consultancies, O&M technology providers and more.

Read Next

June 19, 2025
LCOS for battery storage in the US has declined enough recently to offset increases between 2021 and 2024, according to Lazard.
June 19, 2025
Real estate platform and energy storage investor Prologis Energy has sold a 400MW/800MWh battery energy storage system (BESS) located in Alvin, Texas, US.
June 18, 2025
Distributed energy company Scale Microgrids has closed US$275 million to support 140MW of distributed generation projects, including battery storage installations in several US states.
June 18, 2025
Home battery systems company Haven Energy and California utility Clean Energy Alliance (CEA)  have partnered to provide homeowners in the state with battery energy storage systems (BESS) at no purchase or installation cost.
June 18, 2025
Developer Ilmatar and investor Nuveen Infrastructure have put a 30MW/41MWh BESS in northern Finland into commercial operation.

Most Popular

Email Newsletter