Germany’s ADS-TEC Advances a Major Battery-Storage Technology Project

ADS-TEC Energy announced on 28 October that permitting documents for its planned battery storage power plant at the Pulverdingen substation were complete. The company is negotiating with potential investors and strategic partners and plans to sell a majority stake in the project company while remaining involved as a long-term partner. No final project financing amount was disclosed. The development offers potential opportunities for battery-management technology, software integration, energy optimisation and technical services. HPC can help technology providers and infrastructure investors explore partnership opportunities. Contact HPC for further details.