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on FAVEOS SE (ETR:C45)

FAVEOS SE Partners with Enspired and Entrix for Battery Optimization

FAVEOS SE, a company specializing in large-scale battery energy storage systems, has signed strategic framework agreements with enspired and Entrix. The Hanover-based firm aims to optimize its battery systems through these partnerships effectively, leveraging AI technology and market expertise.

The agreements ensure multi-market optimization for future battery projects, specifically tailored to FAVEOS's hardware to maximize performance. The collaboration extends through PowerWerker GmbH, a joint venture with Biogas Service Tarmstedt GmbH, offering a comprehensive service from site analysis to maintenance for customers.

CEO Gerrit Janssen stated that these partnerships enhance FAVEOS's project expertise and establish PowerWerker as a full-service provider for energy storage solutions.

R. H.

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