ENGIE Acquires Stake in Energy Storage Maker Green Charge Networks


A Zondits Rundown: French Electricity Utility, ENGIE, Acquires an 80% Stake in Californian Battery Maker Green Charge Networks ENGIE and Green Charge Networks were introduced through ENGIE subsidiaries Ecova and OpTerra Energy Services. In 2014, ENGIE (known as GDF Suez prior to April 2015) purchased Ecova to reinforce their expertise in energy data management combined with their multi-technical … Read more

Energy Storage Becoming a Staple of California Hospitality Industry

Jesse Remillard for Zondits, August 31, 2015. Image credit: Ben_Kerckx Demand charges have been steadily rising in America for the last 10 years. These charges can account for 30% or more of a commercial customer’s utility bill in areas with high grid congestion, such as California and New York. This has led to a growing market … Read more