trending Market Intelligence /marketintelligence/en/news-insights/trending/QwbPB-Zxcxim-QOdQ7GpBg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

SolarEdge to acquire South Korean battery supplier Kokam for $88M

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August

SolarEdge to acquire South Korean battery supplier Kokam for $88M

SolarEdge Technologies Inc. will purchase approximately 75% of South Korean lithium-ion battery maker and energy storage project developer Kokam Co. Ltd., for $88 million, the companies announced Oct. 11. SolarEdge plans to acquire Kokam's remaining shares listed on South Korea's over-the-counter exchange.

The announcement comes as SolarEdge expands its diversified portfolio of smart grid technologies, including power electronics for solar electric systems, battery storage and electric-vehicle charging stations.

"We see more and more storage coming," SolarEdge co-founder Lior Handelsman said in a recent interview. In May, the Israel-headquartered, Nasdaq-listed company launched cloud-based grid services to aggregate distributed solar and storage into virtual power plants. "Storage is becoming a much more popular option and we want to aggregate thousands of systems to the networks."

The deal gives SolarEdge a potential strategic advantage since Kokam is well positioned to capitalize on South Korea's booming market for energy storage, which analysts say is creating headaches for U.S. system suppliers amid a shortage of battery storage systems.

"The acquisition of Kokam will enable us to grow our offering, adding already proven battery storage to our product portfolio," SolarEdge CEO Guy Sella said in a news release. The combination of the two companies represents "a further step toward making solar installations smarter and more beneficial," he said.