On February 24, Tianhe Energy Storage announced a strategic cooperation with Gore Street Capital, an energy storage investment institution, and the two sides will jointly participate in a newly established special private equity fund, the EU Energy Storage Fund.
The fund will focus on the investment and development of battery energy storage projects in the 27 EU countries, and the overall size of the fund and the amount of synergistic investment are expected to rise to 1 billion euros (about 8.1 billion yuan) by the end of this year.
According to the plan, the first batch of projects of the fund are expected to be signed in the middle of this year, and the first round of delivery will be launched in the fourth quarter of 2026, with a total delivery target of more than 12 GWh.
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