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sonnen Inc | October 13, 2016

sonnen chosen for the MIT list of the 50 most innovative companies

Los Angeles, October 11, 2016 - Once a year, the renowned U.S. research institute the Massachusetts Institute of Technology (MIT) honors the most innovative companies in the world. The list of "50 Smartest Companies 2016" in the MIT Technology Review includes 50 companies that are known for their innovation and unique business models. Among them are the Who's Who of Silicon Valley from Google and Tesla to Amazon and Facebook.

For the first time, sonnen is honored to be part of this elite list ranking 28th, respectively. Sonnen is one of two German-based companies to receive this award. "MIT has added sonnen into the mix with companies like IBM and Bosch, acknowledging the innovative power of storing and managing the sun in a unique way," says Philipp Schröder, Chief Sales and Marketing Officer of sonnen.

sonnen has been selected for its global accomplishments including the smart solar battery, the sonnenBatterie, and the sonnenCommunity, where members are sharing their excess stored self-generated solar energy. MIT’s Technology Review touts "sonnen’s smart batteries, which include software to manage daily household energy use in addition to storing excess energy for use later, are transforming the electricity market in Germany", as justification for placing the company on the Top 50 list.

The compay conintues to innovate products and service to answer growing market needs. In the U.S., the changing solar landscape is driving customer demand for new products that address key target markets. With the end of net-metering in states like Arizona and Nevada and new rules for self-supply programs in states like Hawaii, sonnen announced the development of a new product focused solely on helping homeowners maximize their solar investments and accelerate their ROI. Sonnen’s newest product, the eco compact, is a lower cost option that will be availalbe to customers who do not need backup power in December 2016.

About sonnen, Inc.

At sonnen, we believe clean, affordable, and reliable energy for all is one of the greatest challenges of our time. With over 12,000 sonnenBatterie systems installed worldwide, sonnen is a proven global leader in intelligent energy management solutions that provide greater energy control for residential and commercial customers through increased solar self-consumption, reduced peak energy usage and reliable backup power during outages – contributing to a cleaner and more reliable energy future. sonnen has won several awards for its energy innovations and sonnenBatterie products, including MIT’s Technology Review’s 50 Smartest Companies 2016, Cleantech Global 100 for 2015 and 2016, Greentech Media’s 2016 Grid Edge Award for innovation, and Cleantech’s 2015 Company of the Year Award in both Israel and Europe. Learn more at https://sonnenusa.com/en/ or follow us on Twitter.