Amsterdam-based startup Sympower has secured €21mn as it looks to scale its grid-balancing technology. Sympower partners with businesses that use a large amount of electricity. It gains access to some of their energy assets and can turn them on and off when the grid requires balancing — a process called demand response.

Topics:  ai    grid   the next web   sympower   €21m   energy   businesses   
BING NEWS:
  • Dutch startup Sympower secures €21M to balance out the energy grid
    Electricity grids around the world are struggling to adapt to the influx of renewable energies like wind and solar. Sympower has a fix.
    11/12/2024 - 6:22 pm | View Link
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