ABB – ABB invests in renewable energy storage specialist HESStec

• ABB acquires minority stake in HESStec, a company specialized in hybridized energy storage system (HESS) and battery energy storage system (BESS) applications
• Integration of HESStec’s energy storage engineering and optimization capabilities will enable ABB to optimize energy storage solutions, explore innovative business models, and drive growth in key global markets
• Partnership expands ABB’s capabilities in grid-forming energy storage systems and energy optimization software to customers in their journey to net zero

ABB today announced a strategic minority investment in HESStec, a company based in Spain which specializes in hybridized energy storage system (HESS) and battery energy storage system (BESS) applications.

…