26.04.2018 | SONNEN GMBH

sonnen and ENGIE announce their strategic partnership for residential energy storage in France

sonnen expands its international activities and enters the French market. It has signed a strategic partnership with the utility ENGIE, which now equips households with a package consisting of a photovoltaic system and an energy storage system.

Wildpoldsried/Paris, April 26, 2018 - ENGIE is now offering French households a new package called "My Power", that consists of a pv and storage system for producing and using their own solar power. This is ENGIE´S new offer to its French customers and will use the sonnenBatterie storage system from the global market leader Sonnen. The new offer enables a household to cover up to 96% of its daily energy needs with self-produced power. The potential is about 4.4 million homeowners in France.

 "We are very happy that one of Europe's largest utilities shares our vision of clean and affordable energy. ENGIE is a company that not only talks about renewable energy but really pushes it forward. The French storage market is at the very beginning and therefore offers enormous potential. This shows that more and more people around the world want to take their energy future into their own hands and thus want to use our technology, "says Christoph Ostermann, CEO of sonnen.

In France, around two-thirds of the population favour the installation of a photovoltaic system on their roof tops, the majority of them would like to use this electricity for themselves. For ENGIE this is a very promising market.

"We are expanding our product range with" My Power ", giving our customers the ability to store and use their own power, even when the sun is not shining. We are launching this service today, so I am very proud to announce our partnership with sonnen, using what we believe is the best storage solution on the market, "says Hervé Matthieu Ricour, Head of BtC France at ENGIE.

Since 2017, self-consumption in France has been supported by an investment subsidy for the purchase of photovoltaic systems. The electricity price has risen by about 20 percent in the last 5 years, so that storing your own electricity, also becomes more and more economically economical.

ENGIE, known as GDF SUEZ till 2015, is one of the largest European utilities, active in energy and services. It employs more than 150,000 people and has activities in around 70 countries. In 2017, the Group achieved an annual revenue of €65 billion. In France, ENGIE is the leading provider of green electricity (1.6 million customers) and supplies more than 11,6 million customers with energy (4 million with electricity and 7.6 million with gas)

sonnen has already certified the sonnenBatterie for the French market and trained numerous installers on site.

In addition to sonnen’s most important market in Germany, the company is already represented in numerous European markets such as Italy, the UK, the Scandinavian countries and Spain. In addition, sonnen is also active in the USA and Australia. Worldwide sonnen has sold more than 30,000 of its storage systems.

About sonnen

The sonnen group is the worldwide market leader for energy storage and operator of the largest energy sharing platform. As one of the fastest growing companies in Germany and Europe, sonnen has received numerous international awards for its technology. In a ranking of the “Top 50 Smartest Companies 2016” by the Massachusetts Institute of Technology (MIT), sonnen was listed alongside Amazon, Facebook and Tesla. Investors in the Bavarian company include the US technology corporation General Electric. sonnen already supplies over 120,000 people globally with energy. The sonnenCommunity is an online network based on the blockchain idea for sharing self-generated energy.

Press Contact sonnen

Mathias Bloch

- Public Relations -

Email: m.bloch@sonnen.de

Tel.: +49 (0) 8304 / 92933 – 426