German utility EnBW on Friday said it would cooperate with car supplier Bosch on the development of batteries for the energy market, highlighting the importance of storage technology across industries.
In a first step, the companies will form a project company to build battery modules for EnBW’s power plant in Heilbronn, Germany, aiming to stabilize the energy grid in times of demand swings, a major problem in times of increased supply from the wind and solar, reports Reuters.
