GE Ventures backs sonnen's mission to form utility of the future

GE Ventures joins sonnen's current investors to support the continued international growth of sonnen Group. "sonnen is helping to reshape the energy industry," said Jonathan Pulitzer, Managing Director at GE Ventures. "We believe in sonnen's vision and that is why we are excited to partner to provide clean and affordable energy to all."

LOS ANGELES, June 6, 2016 /PRNewswire/ -- GE Ventures joins sonnen's mission to form the utility of the future. The venture arm of one of the world's largest technology companies becomes an investor of sonnen Group, Europe's largest manufacturer of residential lithium storage systems and operator of Europe's first online energy sharing platform.


GE Ventures joins sonnen's current investors to support the continued international growth of sonnen Group. "sonnen is helping to reshape the energy industry," said Jonathan Pulitzer, Managing Director at GE Ventures. "We believe in sonnen's vision and that is why we are excited to partner to provide clean and affordable energy to all."

Christoph Ostermann, Co-Founder and CEO of sonnen Group, adds: "With GE Ventures, we have not only partnered with one of the world's largest power and water technology companies but gained a supporter for our vision of a sustainable and affordable energy future for all."

As a digital industrial company, GE operates through several segments: Power, Renewable Energy, Oil & Gas, Energy Connections, Aviation, Healthcare, Transportation, Appliances and Digital. In its power segment, GE provides a broad array of power generation, energy delivery, and water process technologies.

sonnen develops and produces the smart storage system "sonnenBatterie", which has enabled more than 10,000 households worldwide, to meet their energy needs with self-produced renewable energy. In the "sonnenCommunity" households can share their self-produced energy with other people and can become completely independent of conventional suppliers.

Featured Product

U.S. BATTERY RENEWABLE ENERGY SERIES DEEP CYCLE BATTERIES

U.S. BATTERY RENEWABLE ENERGY SERIES DEEP CYCLE BATTERIES

Our RE Series batteries are designed to provide the highest peak capacity, longest cycle life, and greatest reliability for use in industrial or residential renewable energy applications. Renewable Energy Series batteries utilize the company's exclusive XC2™ formulation and Diamond Plate Technology® to create the industry's most efficient battery plates, delivering greater watt-hours per liter and watt-hours per kilogram than any other flooded lead-acid battery in the market. Our Deep Cycle batteries are engineered to work with solar panels as well as other renewable energy applications.