Rolls-Royce Explains its Qinous Acquisition and Microgrid Strategy

Rolls-Royce

Rolls-Royce, which in January acquired a majority share in the energy storage provider Qinous, aims to move from a product supplier to an energy storage solutions provider, with a focus on microgrids. Rolls-Royce acquired a 29.9% share in the company in October 2018, then in January boosted that to a 73.1% share. Qinous now has about 50 … [Read more...]