In its recent article Environment Guru covers mergers and acquisitions which took place in the distributed energy industry in 2017.

A number of large European energy companies found it important to provide distributed energy technologies to their customers and break into the new competitive landscape outside of their core business objectives. For instance, the Italian Enel made its move into smart electric vehicle charging area by purchasing San Carlos based startup eMotorWerks.

The company has sold more than 25,000 of smart EV charging stations, but its primary focus is on managing those chargers as an aggregated resource for grid flexibility.

 

Read the article here.