1. Aggreko Acquires Advanced Battery Storage-Smart Microgrid Systems Pioneer Younicos for $52 Million

    Aggreko Acquires Advanced Battery Storage-Smart Microgrid Systems Pioneer Younicos for $52 Million

    One of the world’s pioneering developers of advanced battery energy storage systems and smart microgrid developers, Germany’s Younicos on July 3 announced it was being acquired by Scotland’s Aggreko for GBP40 million (approx. USD52 million). Aggreko is a longstanding international provider of conventional mobile off-grid and grid-connected diesel and other fossil fuel-fired generators, as well as facilities energy management and climate control technology and systems. Management has been taking the company in a new strategic direction in recent years based on growing demand for distributed renewable energy solutions on the part of customers, however.

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