Aggreko Integrates Younicos’ Battery Storage Offering into Global Business
Aggreko, global provider of mobile and modular power, announced the full integration of energy storage pioneer Younicos. From today, Younicos will begin trading as Aggreko.
Through this integration, Aggreko is significantly adding to its offer for customers, incorporating Younicos’ energy storage expertise, track record of 220 megawatts of installed battery projects and unique software. The Berlin-founded company was acquired by Aggreko in July 2017.
Younicos will work within a new business unit, Aggreko Microgrid and Storage Solutions, which aims to deliver energy-storage-as-a-service, as well as full microgrid “as a service”, built on Aggreko’s 9-GW fleet of distributed power generation assets. Battery storage will be available in mobile and modular 1 MW building blocks, both as standalone systems and as a key building block of the Aggreko’s microgrid-as-a-service offer.
Through Aggreko’s proven global delivery and service capability, and Younicos’ battery and energy management software, the new integration will have the ability to size and model hybrid energy systems to achieve the lowest cost of energy for customers all over the word.
“The energy market is undergoing a significant transition,” said Chris Weston, Aggreko’s chief executive. “The integration of Younicos is one of the many ways Aggreko is changing to benefit from change all around us. We can now bring cleaner, cheaper and more reliable energy to customers anywhere in the world, from remote off-grid operations and communities, to commercial and industrial energy users across a wider range of industries and sectors. As national grids increase their use of renewable energy and integrate storage, we can bring the solutions needed to support a wider energy mix. The market is changing, and we are proud to support our customers, however complex and unique their needs.”
AMSS will be headed by Karim Wazni, who was previously both managing director of Younicos and head of Aggreko’s solar-hybrid energy business. AMSS will be part of the Global Solutions business unit headed by Dan Ibbetson, group business development and strategy director.
“We are very pleased that just over a year since we acquired Younicos, the know-how, experience and – above all – people, have become an integral part of Team Aggreko,” said Wazni. “Together we can make a real difference by providing reliable power that is both cleaner and more affordable, allowing our customers to respond to the current shift towards a decarbonized world.”
All staff in Younicos’ offices in Berlin and Austin, Texas, have been retained, Aggreko said.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.