New market studies show that sonnen is the clear market leader for energy storage devices in Germany and Europe

Two new market studies conducted by EuPD Research and Frost & Sullivan show that sonnen is growing at a considerably faster rate than the storage market and as such is the clear market leader for energy storage devices in Germany and Europe. 

sonnen is growing at a considerably faster rate than the storage market: While the market in Germany grew by roughly 40 per cent in 2016, sonnen was able to double its turnover.

Two recently released market studies show that sonnen also occupies the leading position for energy storage devices in Germany and Europe. In its most recent study for 2016, the Bonn-based market research company EuPD Research placed sonnen at the very front, with a share of 22 per cent in Germany and Europe.

Parallel to this, a market study by Frost & Sullivan was released in which sonnen maintains a similarly high market share in Germany with 24 per cent, making it by far the largest manufacturer.

“sonnen has become a strong consumer brand,” says Philipp Schröder, Managing Director at sonnen. “Our key success factors include our high level of innovation, the best energy services, and that we bypass the wholesalers and instead reach out to our partners directly. “

“sonnen has been able to maintain its leading position despite ever-increasing competition from now over 50 manufacturers. One key success factor is that alongside private consumption, sonnen also offers brand-new energy services that provide new offers for customers. Such services are one of the biggest trends on the market, which other manufacturers are following,” says Dr Martin Ammon, head of the energy sector at EuPD Research.

sonnen has been on the market since 2011 with the sonnenBatterie. In 2016 the company expanded to other markets such as Italy, USA, Australia and the UK. In the same year, sonnen expanded its business model to include numerous additional services. With the sonnenBatterie, the customer can help to stabilise the energy grid and thus facilitate the integration of renewable energies. The customer receives additional benefits in return for this service such as complimentary electricity with sonnenFlat.

About sonnen
The sonnen Group is one of the fastest growing companies in Germany. In a ranking of the ‘Top 50 Smartest Companies 2016’ by the Massachusetts Institute of Technology (MIT), sonnen GmbH was listed alongside Amazon, Facebook and Tesla. Investors in the Bavarian company include the US technology corporation General Electric. sonnen already supplies over 60,000 people globally with clean energy. Based on the blockchain idea, the sonnenCommunity is an online network for sharing self-generated power.

About eCAPITAL
eCAPITAL entrepreneurial Partners AG is a Münster-based alternative investment fund manager (AIFM) in accordance with EU-directive EuVECA. As a leading German venture capital firm, eCAPITAL has supported innovative entrepreneurs in future-oriented industries since 1999. The firm focuses on rapidly growing companies in the software / IT, industry 4.0, cleantech and new materials industries. Currently, eCAPITAL manages six funds with a total of 200 million euros under management and invests in companies in early and later stages.

Contacts
sonnen GmbH
Mathias Bloch
Am Riedbach 1
87499 Wildpoldsried
Tel.: +49 8304 929 33 426
Email: m.bloch(at)sonnenbatterie.de
Internet: www.sonnenbatterie.de

eCAPITAL entrepreneurial Partners AG
Sandra Hentschel
Hafenweg 24
48155 Münster
Tel.: +49 251 703767-0
Email: info(at)ecapital.de
Internet: www.ecapital.de