To algoWatt funding for development of energy storage solutions.

(Alliance News) – algoWatt Spa announced Monday that it has been awarded EUR275,000 in funding for activities as a digital energy solution provider and system integrator under the Thumbs Up project “Thermal energy storage solUtions to optimally Manage BuildingS and Unlock their grid balancing and flexibility Potential.” The project is funded with funds from the Horizon Europe program to achieve high-performance results that contribute significantly to the development of a sustainable economy in the EU. Thumbs Up aims to develop innovative technologies and utilization of day-to-day thermal energy storage systems with technology and weekly, to be easily integrated into buildings to increase their energy efficiency and to leverage the Power-to-Heat paradigm to make buildings primary players in the flexibility of the global energy grid. Thumbs Up aims, in this sense, to overcome the…

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