Amec has signed a five-year framework agreement with Regenesys Technologies, a s ...

Amec has signed a five-year framework agreement with Regenesys Technologies, a subsidiary of UK power company Innogy Holdings, that forms the basis upon which the two companies will jointly develop and deliver large-scale energy storage facilities to third parties. Such facilities allow large amounts of electrical energy to be stored during off-peak periods and released on demand during peak hours, thereby lowering costs.

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