Energy Storage industry forecasts and its most active procurers
16/10/2020
Diego Gutiérrez
Energy Storage industry forecasts and its most active procurers

Energy storage comprises mankind's methods of conserving, as far as possible, a certain amount of energy in any form. In this way it can be used at any time. It can be in the same form in which it was collected or in a different form. 

More specifically, the energy storageconcentrates and releases energy that can be consumed during or after the storage process

According to Bloomberg New Energy Finance, the global Energy Store market is forecast to attract $620 billion in investment by 2040. This meets the premise of the International Renewable Energy Agency. 

SECTOR ON THE RISE 

Energy Storage is experiencing a boom worldwide in recent years. This is evidenced by the companies that are transacting in the market. A clear example of this is the French company Engieone of the companies that most acquisitions has made in the sector. It is a player world energy, i.e. an expert operator in: 

  • Electricity 
  • Natural gas 
  • Energy 

PURCHASES OF ENGIE IN ENERGY STORAGE 

Green Charge Networks: It is an American firm that designs and installs commercial Energy Storage systems. Dedicated to energy storage and founded in 2009, it was acquired by Engie in May 2016. 

In particular, the French company acquired an 80% stake in Green Charge Networks. 

Electro Power Systems:  Electro Power Systems en una empresa francesa que opera en sector de la energía sostenible. Concretamente, está especializada en soluciones de almacenamiento híbrido y microrredes. 

It was acquired by Engie in January 2018. With this buy gained a majority stake in EPS, just over 50% of the share capital, as well as voting rights. 

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