NEC seals A123 Energy Systems deal

BusinessGreen staff
clock •

Japanese company completes purchase of energy storage pioneer and sets sights on Chinese market

NEC has completed its acquisition of leading US energy storage company A123 Energy Solutions from Chinese company Wanxiang Group in a deal believed to be worth $100m. A123 Energy Solutions is a unit...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

BusinessGreen staff
Author spotlight

BusinessGreen staff

View profile
More from BusinessGreen staff

Women in Green Business Awards 2025: Nominees announced

Trump's tariffs: A bumpy road ahead for global clean energy markets

More on Technology

'A great example of a circular economy in action': United Utilities and Levidian explore how to use sewage waste to produce clean hydrogen
Technology

'A great example of a circular economy in action': United Utilities and Levidian explore how to use sewage waste to produce clean hydrogen

Partners claim there is potential for UK sewage waste to produce 75,000 tonnes of hydrogen a year - enough to power more than 40 per cent of all bus and coach journeys

Amber Rolt
clock 17 April 2025 • 3 min read
MiAlgae submits plan for full-scale microalgae production plant in Grangemouth
Technology

MiAlgae submits plan for full-scale microalgae production plant in Grangemouth

Biotech firm repurposes by-products from whisky distilleries to produce Omega-3-rich microalgae for fish and pet food markets

Michael Holder
Michael Holder
clock 16 April 2025 • 2 min read
Adrian Siegrist: 'We must remove carbon dioxide from our atmosphere'
Technology

Adrian Siegrist: 'We must remove carbon dioxide from our atmosphere'

Climeworks' CCO discusses the firm's path to gigaton-scale carbon removal and searching for talent with a strong grasp of sustainability and a 'zest' for thinking big

Stuart Stone
Stuart Stone
clock 15 April 2025 • 6 min read