Energy Storage News•3 months ago
‘Rapid growth but disorderly competiton’: Longi enters energy storage industry with PotisEdge deal
- •Solar PV giant Longi has acquired system integrator PotisEdge, marking its official entry into the energy storage industry.
- •This move signals increased vertical integration within the renewable energy sector, with a major manufacturer now offering integrated solar-plus-storage solutions.
- •Longi's entry is expected to intensify competition in the rapidly growing energy storage market, potentially leading to more competitive pricing and diverse product offerings for developers and large power consumers.
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