Installations of sonnen’s latest hybrid battery storage units are underway, alongside new residential solar arrays, as part of a Local Energy Market (LEM) being built by one of the UK’s largest energy companies to test the capabilities of a virtual marketplace of distributed energy resources.
MELBOURNE (Reuters) - Australia’s Victoria state on Tuesday agreed to back six new wind and solar farms to help meet a target of getting 25 percent of its power from renewables by 2020, just weeks after a year-long attempt at crafting a national energy policy collapsed.
Sonnen GmbH’s new battery manufacturing plant in South Australia will begin production in November, providing the German company with a launchpad to expand into markets including the Philippines, Thailand, and ultimately China.
German energy storage company Sonnen has successfully closed a financing round of €60m, winning the support of Shell Ventures, an investment arm of the oil giant.
The European market for residential storage systems continues to grow, with sonnen and LG Chem maintaining a strong position, despite various market entries, according to EuPD Research
Like many German consumers, Christine Lacher, a nurse, and her husband, Reinhard, a factory supervisor, are careful when it comes to energy use.
Wind and solar energy are disrupting a century-old model of providing electricity. What will replace it?
GE Ventures bought a stake in Germany’s Sonnen GmbH to boost its presence in the fast-growing market for battery systems built to store solar power.
sonnenCommunity: ‘A utility without power plants’
The big attraction with sonnenBatterie is that you can buy the full package – solar panels, inverters, control technology and of course the lithium-ion battery pack – for little more than 10,000 euros. (This is better than buying it all separately, although the battery isn’t the biggest out there.)
German startup Sonnen shipped its 10,000th battery system this week, claiming a leading position in the global smart energy storage market as it takes on Tesla and shakes up the traditional electricity business model.
European energy storage manufacturer sonnen announced it is accelerating its presence in the US market by partnering with SolarWorld, PetersenDean, and Spruce. On Friday, the company also officially opened a new office in Los Angeles.