Innogy – the renewables arm of Germany’s RWE – claims it has joined the front rank of global utility-scale PV and storage players after completing its acquisition of Belectric Solar & Battery from Belectric Group.
The deal, first announced last August for a “high double-digit million euro” sum, fits with Innogy’s overall strategy, said CEO Peter Terium.
Terium said: “Innogy is a pioneer and trailblazer for efficient, climate-friendly and intelligent energy solutions.