Rolls-Royce Explains its Qinous Acquisition and Microgrid Strategy

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...]

As Part of a Trend, ABB and Rolls-Royce Combine to Build Microgrids

Two behemoths in the power sector are combining to provide microgrids for utilities as well as commercial and industrial entities. Swiss-based ABB and Germany-based Rolls-Royce Power Systems will join forces to build projects that combine distributed energy with battery storage. “This partnership is part of a recent trend where traditional … [Read more...]

Here Comes the Rolls-Royce of Microgrids. Literally.

Yet another global name is expanding its microgrid play -- Rolls-Royce -- with yesterday's announcement that it has taken a stake in an energy storage and controls startup and will now offer turnkey microgrids. The transportation and power technology company will add batteries, controls and renewables to its microgrid line following its investment … [Read more...]