On Friday, oil main Royal Dutch Shell and German power storage firm Sonnen introduced that Shell would purchase Sonnen for an undisclosed quantity.
Sonnen has been one of many high opponents with Tesla’s Powerwall within the US residence battery market. The corporate constructed its base in Germany, attaching batteries for self-consumption to properties with photo voltaic panels. Sonnen now claims 40,000 batteries put in in households in Germany, the US, and Australia.
The corporate’s belongings embrace proprietary software program that optimizes a house’s battery use together with solar energy.
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