Hanwha Group, a top 10 South Korea-based industrial conglomerate, has led US-based energy storage provider Silent Power’s series B funding round with an $8m investment.

The strategic partnership will bundle Hanwha SolarOne’s photo-voltaic (PV) panels with Silent Power’s distributed energy storage device, the OnDemand Energy Appliance.

Charles Kim, president of Hanwha SolarOne, said: “Hanwha SolarOne is building the solar economy of the future with focused, strategic partnerships like this collaboration with Silent Power.”

The ability to store energy for later…

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