Will Europe overtake US in ‘gigafactory’ race?
BY RICHARD HEAP: US billionaire Elon Musk knows how to make money – and words too. Don’t believe me? Musk coined the term ‘Gigafactory’ in late 2013 for a huge Tesla battery factory in Nevada….
Tesla
Watch for storage in French firm Neoen’s €640m IPO
BY RICHARD HEAP: French renewables firm Neoen last week launched one of the largest initial public offerings in Europe this year. It is looking to raise €640m to support its international growth plans with a listing…
Funding round puts Sonnen on course to take home battery crown from Tesla
By Jason Deign A cash injection from investors including Shell has put the German residential energy storage firm Sonnen a step closer to challenging Tesla’s home battery dominance.
Why AMS sees promise in Texas
By Jason Deign San Francisco, USA-based Advanced Microgrid Solutions (AMS) is expanding into Texas as part of moves to grow its presence outside its core California market. The company this month announced a USD$3.24m US…
Moixa wants to install a million batteries by 2020
By Jason Deign A UK energy storage system developer is looking to go from 650 installations today to 1m by 2020 with an aggregation-based residential business model. London-based Moixa Energy Holdings is positioning itself as…
AMS to start series B fund hunt this month
By Jason Deign Advanced Microgrid Solutions (AMS) of San Francisco, USA, is readying for a new fundraising round that could kick off as early as this month. The much-hyped project developer is looking to bring…
Kreisel aims to put Tesla through its paces
By Jason Deign Kreisel Electric has become the latest battery vendor to take on the Tesla Powerwall with the launch of a residential energy storage product today. The…
AMS on growth plans, new investor
By Jason Deign San Francisco, California-based start-up Advanced Microgrid Solutions (AMS) has confirmed it is set to announce “a very large global strategic” investor, probably later this month. The investor, described as being active “both on the…