Italy’s Enel has become the latest European renewables giant to acquire a US-based energy storage company, buying a 100% stake in Demand Energy Networks, which has found early success as a storage developer in New York City.
Demand Energy (DEN) provides turnkey storage systems for commercial and industrial clients, including “patent-pending” controls technology that allows customers to maximise the economic value of their storage systems—a key factor in battery storage, where multiple value streams must be tapped for a project to make sense today.
Washington-based
