European Utility Giants Are on a Grid Edge Shopping Spree in 2017

Enel, a large European power company, acquires eMotorWerk as a part of their strategic plans to aggregate electric vehicles for grid services, which is the third acquisition of a U.S. company by Enel in 2017.

Greentech Media article explains that at the heart of the deal was eMotorWerks’ cloud-based energy services platform - JuiceNet - which optimizes electric vehicle charging with real-time electricity rates and availability of renewable energy on the grid. It also provides remote access control, real-time and historic energy usage tracking, and participatation in grid services.

Learn more about company achievements and Enel’s strategic plans in the energy sector in Greentech Media’s article or their research paper.