Avatar - zhogfan
zhogfanadded this to
EV..ENERGY ENVIROMNT RENEWABLE
Shell buys battery startup Sonnen to become a "utility of the future"

Shell buys battery startup Sonnen to become a "utility of the future"

Quartz - Akshat Rathi

For an undisclosed sum, oil giant Shell today announced that it bought German home energy-storage startup Sonnen. This follows a $70 million investment into the firm by the oil group’s venture arm last year. Founded in 2010, Sonnen says it has installed 40,000 battery packs in homes around the world …

View on qz.com
Avatar - Quartz

Quartz

Quartz is a new kind of global business news outlet.

Magazines by Quartz