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Stock impact report

ADS-TEC Energy Announces One of the World’s Largest Battery Energy Storage Projects

ADS-TEC ENERGY PLC (ADSE) 
Company Research Source: Business Wire
Planned battery energy storage system (BESS) with approx. 1 gigawatt (GW) of output and ~2 gigawatt hours (GWh) of capacity, designed to secure stable long-term cash flows and accelerate the energy transition.The entire project is to be constructed at one step and at one location in southern Germany – the formal grid connection approval from the TSO has been received.Project development and financing targeted for completion by 2026, with full implementation aimed for 2029.Integration of large-scale storage and solar panel systems expected to generate revenues in the hundreds of millions.Based on market data from P3 Group (2024 numbers), this BESS facility has a revenue potential of €230m/year. NUERTINGEN, Germany--(BUSINESS WIRE)--ADS-TEC Energy PLC (NASDAQ: ADSE) (the “Company”), a global leader in battery-based energy storage and fast-charging systems, today announced plans to implement one of the world’s largest battery energy storage projects (BESS). Located in southern Germany Show less Read more
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