Wärtsilä and RCT Solutions launch storage integrator Valo
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Wärtsilä and RCT Solutions have established Valo, a 50/50 joint venture focused on battery energy storage systems. The new business is expected to remain loss-making until late 2027.
Wärtsilä has moved its battery energy storage system (BESS) business into a 50/50 joint venture with RCT Solutions, which it expects to remain loss-making until late 2027. The post Wärtsilä and RCT Solutions launch storage integrator Valo appeared first on pv magazine Global.