ÍþÁ¦²ÊÍæ·¨

News
18 Jan 2019, 13:19
Sören Amelang

Sonnen receives 25-million-euro loan from the European Investment Bank

pv magazine

German battery storage supplier Sonnen has received a 25-million-euro loan from the European Investment Bank (EIB), . The EIB said supporting Sonnen will help Europe realise its clean energy targets, and added that the loan will part-finance the storage company’s 83-million-euro 2019-2021 investment plan for research and development, digitalisation and sales and marketing. In May, Sonnen closed its last financing round with 60 million euros from a group of investors led by Shell Ventures. Sonnen says it aims to strengthen its presence in the US and Australian markets, according to the article.

All texts created by the ÍþÁ¦²ÊÍæ·¨ are available under a . They can be copied, shared and made publicly accessible by users so long as they give appropriate credit, provide a link to the license, and indicate if changes were made.
« previous news next news »

Ask ÍþÁ¦²ÊÍæ·¨

Researching a story? Drop ÍþÁ¦²ÊÍæ·¨ a line or give us a call for background material and contacts.

Get support

+49 30 62858 497

Journalism for the energy transition

Get our Newsletter
Join our Network
Find an interviewee