Wärtsilä and RCT Solutions launch storage integrator Valo

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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.

Markets Deals Energy Wärtsilä RCT Solutions Valo joint venture battery storage BESS energy storage

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