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26/7/2020· Step one came late last year when seven countries led by France and Germany secured approval from Brussels to splash out €3.2 billion in state aid to build out Europe's stake in a battery technology market estimated to be worth an annual €250 billion by 2025. At present, Chinese companies dominate the market.
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He’s talking about what is currently Europe’s largest community energy battery installation at the Trent Basin housing development in Nottingham. The university is one of a number of organisations involved in the project with the intent to establish a model for low-carbon community energy schemes across the UK.
