With Carin ERA acquisition, E Source now has deep battery storage expertiseE Source


We’re pleased to announce the acquisition of Cairn ERA, a global market intelligence and consulting firm specializing in battery storage. Cairn ERA serves clients throughout the battery and energy supply chain, including electric utilities, energy developers, and international corporations.

“Cairn ERA, a leader in battery technology information, helps early adopters make good, data-driven decisions,” says E Source CEO Ted Schultz. “We’re staying on the forefront of this movement by expanding the relationship with Cairn ERA’s existing client base and bringing that team’s expertise and practical experience to our clients. We aim to accelerate the adoption of this game-changing technology.”

Cairn ERA is our sixth acquisition in the past 24 months. It represents continued efforts to create a broad offering of customer-first and technology-driven solutions to help utilities and cities effectively manage the customer and infrastructure sides of their business reliably, efficiently, safely, and sustainably.

“Joining E Source and serving the utility space feels like coming home,” says Sam Jaffe, CEO of Cairn ERA. “Renewables are disrupting the utility model, and batteries are part of the solution. With the combined strength of E Source and Cairn ERA, we can unlock the ability for utilities to cut out the intermediary and lead in a way that was not historically possible.”

During a live, one-hour E Source webinar on December 9, Battery market forecast to 2030, Jaffe will share his insights on the battery market and outline the possibilities for utilities. Register today to attend this exciting event.

“Utilities and cities are hungry for analytics, expert guidance, and precise information related to this quickly evolving area,” says Rob Langley, managing partner of Align Capital Partners, which owns E Source. “It’s incredibly exciting that E Source can now offer a data-intensive solution for the dynamic battery industry.”

CLICK HERE to read the press release.