SolarEdge to Acquire Korean Battery Technology Company Kokam
The $88 million acquisition is expected to help SolarEdge expand its portfolio offerings across the energy storage segment
October 12, 2018
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SolarEdge Technologies, Inc. (SolarEdge), an energy technology company that develops PV inverters, has announced that it has entered into definitive agreements to acquire a major stake in Kokam Co., Ltd. Headquartered in South Korea, Kokam is a provider of lithium-ion battery cells, batteries and energy storage solutions.