Bosch has said its investment in a German energy storage company, just announced today, fits in with a purpose of positioning the engineering giant at the forefront of the emerging ‘digital climate and energy’ industry.
Leclanché and VRB Energy, two providers in very different areas of energy storage, have struck up joint ventures (JVs) intended to assist them in scaling up and hitting new markets, while Ice Energy has netted fresh funding.
Canadian utility Alectra Energy Solutions, which has over a million customers in Ontario, will offer large-scale energy storage to commercial and industrial operations in its service area, having formed a partnership with developer AMP.