The Mobility House, GESI to set up JV for large-scale battery storage systems in Germany
By 2035, the two companies plan to develop up to 8 GW of storage capacity, preferably at grid-supporting locations and former conventional power plants
The Mobility House and Green Energy Storage Initiative SE (GESI Giga Batteries), a project developer of large-scale battery storage systems, plan to set up a joint venture company focused on building and commercializing large-scale battery storage systems to reduce the costs of grid congestion and accelerate the next phase of the energy transition, the company announced June 25.
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