Which companies will emerge victorious in the battle to develop the smartest energy storage solutions? This question is on the minds of many in the renewable energy business, and now one of Finland's oldest and most respected manufacturers is joining the battle.
Finnish Wärtsilä has taken over the small-scale company Greensmith based in Virginia, US. The company only employs 40 people and although this may seem like a minor event for Wärtsilä, which employs 18,000 and has revenue of EUR 4.8 billion, the acquisition did draw attention in both Finnish and international press.
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