Power firm expands presence in energy storage with purchase of SimpliPhi

Power firm expands presence in energy storage with purchase of SimpliPhi

Power firm expands presence in energy storage with purchase of SimpliPhi 150 150 Energy Storage Journal

September 16, 2021: SimpliPhi Power has been snapped up by the gas engines and power generation equipment manufacturer Briggs & Stratton, the firm announced on September 7.

The purchase will accelerate Briggs & Stratton’s growth in the energy storage system market, the company says, and broaden its customer base.

“Combining forces with Briggs & Stratton will provide SimpliPhi Power with new growth opportunities and substantial resources to lead the energy storage system market,” said Catherine Von Burg, CEO of SimpliPhi Power.

“Briggs & Stratton’s expansive distribution network, power application expertise and commitment to innovation will accelerate our growth.”

Briggs & Stratton is headquartered in Milwaukee, Wisconsin, and claims to be the world’s largest producer of gasoline engines for outdoor power equipment.

It also designs and makes lithium-ion batteries, as well as other power products.

SimpliPhi makes LFP batteries, having moved away from cobalt in 2007.