SolarEdge Acquires Battery Maker Kokam

By Mark Kane SolarEdge, a solar inverter supplier, now will be able to produce ESS in-house.
SolarEdge Technologies acquired this month Kokam – the South Korean manufacturer of lithium-ion battery cells, battery packs and energy storage systems.
According to SolarEdge, about 75% of outstanding equity shares were bought for approximately $88 million, including related …read more

Source:: http://feedproxy.google.com/~r/InsideEvs/~3/5NkhEp8mWuk/