The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

mergers and acquisitions

January 26, 2024
UK-headquartered Zenobē Energy attracted the most venture capital (VC) funding of any company in the energy storage industry during 2023, as found by Mercom Capital.
September 7, 2023
Oil and gas major Shell is putting its residential battery storage and virtual power plant (VPP) company sonnen up for sale, according to German outlet Handelsblatt.
September 5, 2023
US-listed private equity firm KKR is to acquire joint control of UK battery storage developer Zenobē in partnership with existing investor Infracapital, according to reports.
August 30, 2023
Vanadium producer Largo Inc has appointed financial advisors to undertake a “strategic review” of its downstream energy storage deployment arm Largo Clean Energy.
August 24, 2023
French multinational utility ENGIE has agreed to acquire the battery storage business of US developer Broad Reach Power.
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March 8, 2023
The second life energy storage market is about to enter a consolidation phase, CEO of Mercedes-Benz Energy tells Energy-Storage.news.
January 25, 2023
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.
January 18, 2023
Corporate funding of energy storage companies exceeded US$26 billion worldwide in 2022, a 55% jump from 2021’s total US$17 billion.
October 26, 2022
Masdar has acquired battery storage developer Arlington Energy in a bid to expand its presence in UK and European renewables markets.
October 4, 2022
Japanese tech conglomerate Hitachi has bought the remaining 19.9% stake held in Hitachi Energy by its joint venture partner ABB.

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