http://renews.biz/107076/finns-make-us-storage-move/ Finnish...

http://renews.biz/107076/finns-make-us-storage-move/

Finnish technology group Wärtsilä has signed an agreement to acquire US energy storage company Greensmith Energy Management Systems.
The deal, which is still subject to US regulatory approvals, will allow Wärtsilä to expand its footprint in the energy storage market and position as a global energy systems integrator.

Greensmith will continue operate as an individual business under Wärtsilä Energy Solutions.
The transaction is expected to close no later than July.

Greensmith chief executive John Jung said: “The combination of Greensmith’s position and capability in energy storage technology with Wärtsilä’s global leadership in integrated energy solutions, with over 63GW of installed power plant capacity across 176 countries – will bring both market and technology synergies to both organizations.”
Greensmith's projects include a partnership with Eon on two energy storage plants with a total volume of almost 20MW in Texas.


http://www.greensmithenergy.com/installations/iron-horse

http://www.greensmithenergy.com/installations