EU and Bill Gates fund back superhot brick batteries to help green industry
Recharge News
Three heat battery facilities will help decarbonise food, clean fuel and chemical production across Europe by storing excess wind and solar power for when it’s needed
The EU and a Bill Gates innovation fund are backing three projects to decarbonise European industry using brick batteries that store excess renewable energy as heat.
The European Commission, European Investment Bank (EIB) and Breakthrough Energy – the innovation vehicle of Microsoft founder Gates – today announced €75m ($80m) in funding for the projects.