Q Cells Aqcuires Geli to Expand Integrated Energy Storage Solutions

Industry News – Friday, August 07, 2020

The total energy solutions provider Q Cells wants to expand into the US market as well as to increase its portfolio of energy storage solutions. Geli excels in BESS artificial intelligence applications, enabling Q Cells to provide integrated energy solutions with complete hardware and software.

“We are excited to join forces with Q CELLS,” Dan Loflin, CEO of Geli said. “Q CELLS shares our vision of the transformative power of renewables and the Internet of Energy to make the planet a cleaner, better place to live. Combining with Q CELLS will accelerate Geli’s product roadmap and strategy, bringing greater value to all of our customers and partners in all of our markets.”

The signed agreement of the companies is still subject to customary closing conditions as well as regulatory approvals.

Source & Image: Geli | www.geli.net

The ees International Magazine is specialized on the future-oriented market of electrical energy storage systems, not only from a technological-, but also a financial and application-oriented point-of-view. In cooperation with ees Global, the ees International Magazine informs the energy industry about current progress and the latest market innovations.

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