Ørsted has invested 55 million dollars in the U.S. company Mission Clean Energy, which is developing green energy storage solutions. This is equivalent to around 376 million Danish kroner.
The two companies will collaborate to establish four independent battery energy storage systems (BESS) across the Midwest.
It is reported by Bloomberg News.
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Ørsted is investing $55 million in a U.S. battery partnership
The Danish energy giant is investing millions in a strategic partnership on battery technology
Clean Mission Energy. Clean Mission Energy
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