TechCrunch
Former watch trader is now building the AWS of grid storage, Terralayr
Phillip Man was burned out. Germany, where he’s from, was being flooded with wind and solar power, and as the country turned off its nuclear power plants, it needed a way to keep the grid humming on calm, cloudy days. Grid-scale batteries help save renewably generated power for just such days, and they have boomed in recent years, with global capacity tripling in 2023, according to BloombergNEF.
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