In May, oil giant Shell invested in German manufacturer Sonnen. Now the 112-year-old company wants to fully acquire the business, subject to Germany’s monopoly authorities. Sonnen said it hopes the deal will accelerate its growth by expanding its market reach and capacity.
A number of significant manufacturing and investment plans in China, Germany and North America by major automobile makers VW, Tesla and BYD are backing up predictions that electric vehicle car sales are set to skyrocket in the coming decades.
Researchers from Berlin’s College for Technology and Economics have determined a ‘system performance index’ for 16 residential storage systems. The index ranks systems according to economic efficiency. The compilers of the index say many manufacturers lack transparency regarding system performance.
BYD’s electric bus business is growing at an healthy rate. Geely’s EVs lag their more traditional counterparts – but are gaining ground.
Testing lithium-ion, redox flow, and sodium-sulfur technologies, EPC provider CMI Energy wants to establish which types of system, or which combinations, are most suitable for different applications using the 4.2 MWh facility.
German inverter maker SMA has joined forces with China’s BYD after losing US market share to Solaredge, which this year linked up with Kostal to optimize communication interfaces between inverters and storage applications.
Project was developed by Chinese storage system provider and panel manker BYD. The system is linked to a 1 MW solar plant built by the same company.
German suppliers may still play a central role in providing residential storage systems, however the increasing number of Asian manufacturers on the European market is undeniable. Particularly in the U.K. and Italy, they have captured the lion’s share of sales.
Chinese EV maker BYD passes the 600-sales mark in Europe with a deal – announced at the International Motor Show – which also takes it past 100 sales in Scandinavia, and more than 35,000 worldwide.
Following on from a partnership in 2017, Kostal and BYD are looking to further strengthen their ties under a new deal, which will see them provide storage solutions to the residential and commercial solar segments.
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