Sonnen GmbH

EQS-News: PVA TePla increases sales revenues by 75% in the first quarter, making an outstanding start to the new fiscal year

Retrieved on: 
Thursday, May 4, 2023

PVA TePla increases sales revenues by 75% in the first quarter, making an outstanding start to the new fiscal year

Key Points: 
  • PVA TePla increases sales revenues by 75% in the first quarter, making an outstanding start to the new fiscal year
    The issuer is solely responsible for the content of this announcement.
  • The PVA TePla Group enjoyed a dynamic start to the fiscal year 2023.
  • Even stronger growth was seen in the Industrial Systems business unit, where sales revenues soared by 101.9% to EUR 16.5 million (Q1 2022: EUR 8.2 million).
  • As a proportion of sales revenues, the EBITDA margin increased to 12.3% as against 10.2% in the previous year.

Batteries for Solar Energy Storage Market Forecast to 2028 - Global Analysis By Battery Type, Application, and Connectivity - Decline in Prices of Lithium-Ion Batteries - ResearchAndMarkets.com

Retrieved on: 
Friday, September 23, 2022

The batteries for solar energy storage market size is projected to reach US$ 9,478.56 million by 2028 from US$ 3,149.45 million in 2022.

Key Points: 
  • The batteries for solar energy storage market size is projected to reach US$ 9,478.56 million by 2028 from US$ 3,149.45 million in 2022.
  • Thus, such upcoming investment prospects, along with an increasing number of solar energy projects, are augmenting the growth of batteries for solar energy storage market size over the forecast period.
  • The adoption of batteries for solar energy storage among commercial, residential, and industrial sector drives the growth of the batteries for solar energy storage market.
  • Thus, such investments in the solar power industry and battery systems are driving the batteries for solar energy storage market dynamics over the projected timeframe.

Spruce Power Partners with sonnen to Offer Energy Storage Upgrades, Develop Virtual Power Plants

Retrieved on: 
Thursday, April 8, 2021

Just weeks after announcing the company's expansion into integrated smart energy systems , the partnership sparks confidence in Spruce's move into home power solutions.

Key Points: 
  • Just weeks after announcing the company's expansion into integrated smart energy systems , the partnership sparks confidence in Spruce's move into home power solutions.
  • "Spruce is partnering with sonnen to show how individual smart home energy systems and virtual power plants of networked, smart home energy systems can provide support to the local grid," said Christian Fong, CEO of Spruce Power.
  • sonnen Group is one of the world's leading manufacturers of smart energy storage systems and a pioneer of clean, decentralized and networked energy system technologies.
  • With its virtual battery, which consists of digitally networked home storage systems, sonnen offers new and highly innovative energy services for network operators and customers.

sonnen Selected as Battery Provider for Bassett-Avocado Advanced Energy Community

Retrieved on: 
Thursday, March 18, 2021

LOS ANGELES, March 18, 2021 (GLOBE NEWSWIRE) -- sonnen , a global market leader in smart residential batteries, today announced it has been selected by The Energy Coalition (TEC) as the energy storage solution provider for the Bassett Avocado Heights Advanced Energy Community (BAAEC), a community-scale energy project in Los Angeles County, CA.

Key Points: 
  • LOS ANGELES, March 18, 2021 (GLOBE NEWSWIRE) -- sonnen , a global market leader in smart residential batteries, today announced it has been selected by The Energy Coalition (TEC) as the energy storage solution provider for the Bassett Avocado Heights Advanced Energy Community (BAAEC), a community-scale energy project in Los Angeles County, CA.
  • Fifty homeowners in Los Angeles Countys San Gabriel Valley will be eligible to enroll in BAAECs Advanced Homes program to receive renewable energy hardware including sonnen batteries and rooftop solar.
  • The sonnen Group is one of the world's leading manufacturers of smart energy storage systems and a pioneer of clean, decentralized and networked energy system technologies.
  • With its virtual battery, which consists of digitally networked home storage systems, sonnen offers new and highly innovative energy services for network operators and customers.

sonnen introduces the sonnenCore, a new all-in-one, affordable home battery for every home

Retrieved on: 
Thursday, November 19, 2020

The new compact, affordable, and fully sonnen-designed sonnenCore home battery solution is built using sonnens proven energy management expertise.

Key Points: 
  • The new compact, affordable, and fully sonnen-designed sonnenCore home battery solution is built using sonnens proven energy management expertise.
  • The new product aims to expand and utlimately lead the residential energy storage market as a high quality, affordable home battery option for any home.
  • With its virtual battery, which consists of digitally networked home storage systems, sonnen offers new and highly innovative energy services for network operators and customers.
  • Since March 2019 sonnen is a wholly owned subsidiary of Shell within its New Energies division.