Eco Stor AS is pleased to be able to confirm the first contract secured by its recently opened subsidiary, Eco Stor GmbH. The 10MW / 12MWH system will be installed in the German town of Eisenach and will provide a stacked revenue solution for FCR, asset backed trading on the Intraday (IDC) market place and peak shaving at DSO grid level.
Eco Stor CEO Trygve Burchardt commented “We are delighted with the extraordinary pace of growth in technology and business demonstrated by our team in Germany. This important contract will be the first of many and demonstrates the growing opportunity for stacked revenue, grid scale storage solutions. Our leading technology solution combined with our teams outstanding knowledge of the market and applications has positioned the company to provide customers with a ‘best in class’ solution for their energy storage projects”