Senec are the latest company in the clean energy space to be snapped up by a leading utility. The residential market in Germany is the hottest in Europe where an estimated 35,000 home batteries will be installed in 2018. With EnBW's customer base of over 5 Million, this certainly gives a great opportunity for Senec to establish themselves as a leader in home energy storage systems in Germany. Senec have also been successful in Italy but this investment should mean they can further expand their operations to more European countries and beyond. 

The Hyperion team are looking forward to a busy three days at Energy Storage Europe in Dusseldorf next week, catching up with clients and contacts. I'm really looking forward to seeing the new technology advances and seeing who might be next for a big takeover.