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RWE Buys Belectric's Solar and Storage Business

RWE Buys Belectric

GALWAY, IRELAND--September 1, 2016--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--German energy giant RWE AG (XETRA:RWE) (Essen, Germany) is buying its way into the growing energy storage sector with the planned purchase of fellow German solar and energy storage company, Belectric Solar & Battery Holding GmbH (Kolitzheim, Germany).

Within this article: Details proposed deal and highlights growing energy storage sector