AESI signs 3 LoIs with ESB Scotland for 1.5 GW TeraStor energy storage projects by 2030.

American Energy Storage Innovations, Inc. (AESI) has signed three Letters of Intent with ESB Scotland for projects using its TeraStor technology, totaling over 1.5 GW of energy storage capacity at three UK locations. TeraStor's stackability, efficiency, and cost-effectiveness were key factors in the agreement. The projects are slated for commissioning between Q4 2028 and Q4 2030, with both companies optimistic about enhancing profitability and sustainability.

September 11, 2024
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