GE Ventures joins sonnen’s mission to form the utility of the future. The venture arm of one of the world’s largest technology companies becomes an investor of sonnen Group, Europe’s largest manufacturer of residential lithium storage systems and operator of Europe’s first online energy sharing platform.
GE Ventures joins sonnen’s current investors to support the continued international growth of sonnen Group. “sonnen is helping to reshape the energy industry,” said Jonathan Pulitzer, Managing Director at GE Ventures. “We believe in sonnen’s vision and that is why we are excited to partner to provide clean and affordable energy to all.”
“With GE Ventures, we have not only partnered with one of the world’s largest power and water technology companies but gained a supporter for our vision of a sustainable and affordable energy future for all,” said Christoph Ostermann, Co-Founder and CEO of sonnen Group.
As a digital industrial company, GE operates through several segments: Power, Renewable Energy, Oil & Gas, Energy Connections, Aviation, Healthcare, Transportation, Appliances and Digital. In its power segment, GE provides a broad array of power generation, energy delivery, and water process technologies.
sonnen develops and produces the smart storage system “sonnenBatterie,” which has enabled more than 10,000 households worldwide, to meet their energy needs with self-produced renewable energy. In the “sonnenCommunity” households can share their self-produced energy with other people and can become completely independent of conventional suppliers.
Have you checked out our YouTube page?
We have a ton video interviews and additional content on our YouTube page. Recently we debuted Power Forward! -- a collaboration with BayWa r.e. to discuss higher level industry topics as well as best practices / trends for running a solar business today.
Our longer running side project is The Pitch -- in which we have awkward discussions with solar manufacturers and suppliers about their new technology and ideas so that you don't have to. We've discusses everything from residential rail-less deck attaching and home solar financing to large-scale energy storage value stacking and utility-driven new home solar + storage microgrids.
We also post our Project of the Year announcements there! Interviews with this year's winners will be up starting the week of Nov. 8. Head there and subscribe today to stay on top of all this extra stuff.