German battery maker Varta AG said it has reached a restructuring agreement with its creditors, bringing on sports car maker Porsche as a majority stakeholder in the company’s car battery subsidiary, ...
The BESS using second-life batteries at the Porsche Leipzig plant has a capacity of 5 MW and an energy content of 10 MWh. The system can be operated at up to 20% overload for short periods. The 4,400 ...
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