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Vattenfall & BMW Reach Agreement For Grid Storage Batteries

Vattenfall and BMW have inked a new grid storage agreement. The contract calls for the purchase of new lithium-ion batteries to store electricity generated by the company’s wind turbine facilities. Vattenfall is one of the largest utility companies in Europe, with operations in Sweden, Denmark, Finland, Germany, the Netherlands, Poland, and the United Kingdom. It is wholly owned by the Swedish government.