They will develop projects to produce stationary storage systems in collaboration “with a reference industrial partner” and with the support of Basque technology centers.
The Basque government and the Chinese company Hithium have signed an agreement that will produce stationary energy storage systems in Euskadi and that will turn the Basque Country country into a header for implementation in South Europe.
This has been announced by the Minister of Industry, Energy Transition and Sustainability, Mikel Jauregi, in response to a question from the PP Álvaro Gotxi parliamentarian in the plenary session of the Vitoria-Gastiz room.
The counselor explained that if renewable energies have “discomfort”, their volatility is, so their storage is a priority and a perfect addition to the development of this type of energy.
He pointed out that the Basque government signed this cooperation agreement with Hithium in the context of the “the Smarter and European” Beurs van Munich to develop projects that can develop the production -stationary storage systems of energy systems in collaboration “with an industrial partner of reference” and with the back of the Basque -Technology Center.
According to the Ministry of Industry, this alliance represents “a decisive step in the strategy to find production and innovation capacity in Europe, making Euskadi not only a commercial point, but also the production basis and activities of Hithium in the south of the continent.”
As a result, added, coordinating Euskadi is the production and distribution to other European markets.
Founded in 2019 and head office in Xiamen, China, Hithium is one of the most important worldwide actors in energy storage. It is present in the United States, Germany, the United Kingdom, Türkiye, Dubai, Singapore, Australia and other countries.
Source: EITB
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