Markets muted on Fluence launch

By Jason Deign Early trading suggests markets have taken in their stride the news that Siemens and AES are joining forces to take over the energy storage market.

What will the takeover of Alstom by GE or Siemens mean for the future of the energy storage market? Photo: GE Energy Storage

What the Alstom deal means for storage

GE’s planned takeover of the Alstom energy business would strengthen the American company’s presence in storage but will not shake up the market, experts claim. The prediction comes amid pressure from the French government for Alstom shareholders…

No Image

Wanxiang scoops up A123

Chinese auto giant Wanxiang has beaten US Johnson Controls, Japan’s NEC and German concern Siemens AG to scoop practically all of A123 Systems’ assets in what has become a controversial and politically charged contest. According…