Global Energy Storage Company Sonnen

Shell has agreed to acquire 100% of global energy storage company sonnen. The deal was announced in May, and sonnen will become a wholly owned subsidiary of Shell. Sonnen provides energy storage and digital energy services through its sonnenCommunity platform. Its sonnenBatterie optimizes the use of solar power for household use.

The company develops networks of energy storage assets and invests in greenfield and brownfield assets. Its detailed profile can be found on the PitchBook Platform, but you must have access to the company’s full profile in order to view it. The company plans to deploy its storage assets in Europe and Asia and is working with leading utilities to develop projects there.

The company plans to focus on low-carbon fuels and the energy transition. It will also offer storage infrastructure and logistics services. The partnership between GES and Bluewater is expected to facilitate infrastructure and logistics needs for its clients. In the coming years, the company expects to add 58 gigawatts/178 GWh of storage capacity every year.

The global energy storage company will be called Fluence and will be headquartered in Washington, DC. The company will also have offices globally. The companies have already deployed 463 MW of battery-based energy storage in 13 countries. The company recently constructed the world’s largest lithium-ion energy storage near San Diego. Siemens’ Energy Management Division is also investing in Fluence.

Global energy storage has seen explosive growth in Africa and the Middle East. However, there are challenges to the market. Despite this, long-term revenue contracts are being signed for large-scale projects. In Europe, despite a continental grid and low energy demand, storage projects are still struggling to become financially viable. Meanwhile, a Russian invasion of Ukraine could impact the continent’s energy security plans.

Shell Acquires Global Energy Storage Company Sonnen

The new partnership between Siemens and AES Advancion enables the companies to offer a broad range of energy storage solutions. Siemens has extensive experience in microgrids and renewable hybrid technology, while AES has deep experience with utility-scale battery-based energy storage solutions. Together, the two companies will provide reliability and frequency regulation services for the Taiwan Power Company.

AES is a global leader in battery-based energy storage and has deployed over 200 MW of energy storage in seven countries. The company’s sizzle reel below illustrates the capabilities of its Advancion platform. If you’re interested in learning more about AES and its solutions, sign up for the company’s free newsletter. If you’re an AES customer, you can also receive a free subscription to its print edition of The Energyst.

Energy Vault will begin trading on the New York Stock Exchange on February 14, 2022. The company has raised $235 million through a business combination with Novus Capital Corporation II. This investment will add to recent Series C financing of $107 million and a $50M license fee from Atlas Renewables.

Energy storage is a growing market, and more companies are offering energy storage solutions for a variety of industries. Here are the top 50 energy storage companies that operate nationally and internationally. Each company in this list provides energy storage systems for a diverse set of clients. Although they may not exclusively operate in the energy storage industry, they are major players in the sector and the future of power generation.