Our view on the latest developments in energy storage.
Off grid l Reducing the reliance on costly diesel-based power generation is high on the list of priorities for off-grid operators around the world. PV-hybrid systems alone can only go so far in meeting this need. The addition of storage can significantly alter this picture by increasing fuel savings and offsetting additional investment.
In a deal brokered by Apricum for its client Eos, the solar division of Korean green energy company OCI comes on board as investor in the final closing of Eos’ round C equity financing to support commercial launch of its grid-scale batteries.
Energy storage technologies are a key element for some of the most comprehensive and impactful industrial transformations of our modern society, such as mobile communication and e-mobility.