European Utility Giants Are on a Grid Edge Shopping Spree in 2017

European Utility Giants Are on a Grid Edge Shopping Spree in 2017

eMotorWerks JuiceBox EV charger Italian multinational power company Enel Group has announced yet another grid-edge acquisition in 2017, this time tapping into the U.S. e-mobility market at the advent of aggregation of electric vehicles for grid services. Through its recently acquired subsidiary EnerNOC , Enel acquired North American e-mobility solutions provider eMotorWerks this week for an undisclosed amount. This is the third acquisition of a U.S. company by Enel in 2017. This is the latest in a series of acquisitions by Enel in the distributed energy space (the company also purchased U.K.-based Tynemouth Energy Storage earlier this year). And […]