Germany: Solarwatt acquires storage specialist e-Wolf

first_imgGermany: Solarwatt acquires storage specialist e-WolfThe German battery technology start-up boasts the storage experts behind Formula 1 team Toyota Racing’s kinetic energy recovery system (KERS). Solarwatt expects the acquisition to reduce storage system costs over the long run. April 18, 2016 Edgar Meza Energy Storage Installations Manufacturing Markets Markets & Policy Share Germany’s Solarwatt GmbH has taken over storage technology start-up e-Wolf.As part of the move, the Dresden company will establish Solarwatt Innovation, a new technology center at the e-Wolf site in the western German town of Frechen that will build on the company’s storage activities. Solarwatt will produce batteries for its Solarwatt MyReserve storage systems at the new location.“The strength of innovation will by a deciding factor in the future storage market,” said Solarwatt CEO Detlef Neuhaus, adding that the integration of e-Wolf would ensure that the company’s storage systems continued to set technology and price standards in the industry.E-Wolf boasts a team that includes the battery technology experts behind Formula 1 team Toyota Racing’s kinetic energy recovery system (KERS) as well as its innovative control and battery management systems.Popular content ITRPV: Large formats are here to stay Mark Hutchins 29 April 2021 pv-magazine.com The 2021 edition of the International Technology Roadmap for Photovoltaics (ITRPV) was published today by German engineering association VDMA. 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