Alevo Group, a leading batter and power storage company, has reached a deal with China-ZK International Energy Investment to promote and commercialize Alevo’s energy storage systems in China, Reuters reported. Alevo yesterday unveiled their GridBank technology, which uses a unique technique for storing excess energy for later use. Grid storage has become critical with the growing amount of renewable energy sources being used, as it can store solar or wind power from a particularly sunny or windy day to be used later. Alevo also announced it has struck a deal aimed at deploying its batteries in power grids in Turkey.
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