investment

June 5, 2018
Swiss vertically-integrated battery and energy storage system and equipment maker Leclanché has followed sonnen in netting a significant amount of investment to go into the second half of 2018, securing CHF75 million (US$76 million) from its main existing investor.
May 31, 2018
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.
May 29, 2018
News in brief from around the world of energy storage.
May 25, 2018
South Somerset District Council in the south west of England will pay for, and build, its own 25MW battery energy storage facility.
May 23, 2018
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.
May 22, 2018
Australian firm Carnegie Clean Energy has raised AU$5.3 million (~US$4 million) to grow its solar PV, battery energy storage and wave energy businesses.
May 14, 2018
Philadelphia Solar, a vertically-integrated PV company headquartered in Jordan, said this morning it has reached financial close on a project to bring battery storage to a large-scale solar farm in the Middle East kingdom.
May 9, 2018
Axiom Exergy, a US manufacturer of energy storage units that use stored energy for cooling buildings and produce, has netted close to US$8 million from investors including Shell’s venture capital unit and Tesla battery guru JB Straubel.
May 7, 2018
Israel-headquartered SolarEdge launched a software platform for aggregating household energy storage units – and other distributed energy equipment – into virtual power plants, last week. The company’s solution has already been chosen for a VPP project in Australia by AGL, one of the country’s biggest utilities. The commercial launch of the VPP platform direct to customers is now underway. Andy Colthorpe spoke with Lior Handelsman, one of SolarEdge’s founders and vice president of marketing and product strategy.
May 2, 2018
G2 Energy, one of a small number of companies in the UK authorised to make new grid connections to the country’s electricity transmission and distribution networks, claims it has now surpassed the 100MW mark of battery projects worked on, as it announced the completion of connection works at a new 29MW battery storage facility in Kent, southern England.

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