GE Ventures plugs into storage opportunity with stake in Sonnen

Madeleine Cuff
clock • 2 min read

Deal is the latest in a wave of high-profile investments in the fast-growing energy storage market

German battery start-up Sonnen has won backing from the venture capital arm of GE to expand its brand of domestic energy storage batteries, as the market for energy storage technology continues to power...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Infrastructure

Credit: iStock

Energy Networks Association: Gas companies to quit trade body at end of 2024

Gas network firms such as Cadent, Northern Gas Networks, and SGN to leave ENA, as debate over gas industry's role in the net zero transition intensifies

Michael Holder
clock 29 November 2023 • 5 min read
Credit: iStock

Report: Upgrading global grids could cut clean energy transition costs by $3tr by 2040

Research estimates investing in grid upgrades to prepare for influx of renewable energy capacity would in many cases be cheaper than failing to take action at all

Michael Holder
clock 23 November 2023 • 4 min read
Credit: UKPN

'Right to plug': Businesses call on government to rapidly expand EV charging network

Leading fleet operators back calls for wide-ranging policy reforms to accelerate the rollout of public charge points

James Murray
clock 16 November 2023 • 6 min read