The second life energy storage market is about to enter a consolidation phase, CEO of Mercedes-Benz Energy tells Energy-Storage.news.

East Point Energy, a US-based clean energy developer, is on its first drive to buy up projects since the company’s acquisition by Equinor.

Masdar has acquired battery storage developer Arlington Energy in a bid to expand its presence in UK and European renewables markets.

Japanese tech conglomerate Hitachi has bought the remaining 19.9% stake held in Hitachi Energy by its joint venture partner ABB.

Goldman Sachs and Cleanhill Partners have swooped to acquire a majority stake in EPC Power, a US manufacturer of power conversion systems.

A real estate and infrastructure investment arm of BlackRock has committed to investing US$700 million into Akaysha Energy’s pipeline.

Genex Power has bought up a 2GW clean energy project which it intends to build in five stages in Queensland, Australia.

Borrego has completed the spin off and sale of its development business to energy transition investor ECP for an undisclosed amount.

Generate Capital has acquired US large-scale battery storage developer esVolta.