Recharge invests in Graciosa project 

Danish financial investor to take a 50.1 percent stake in the 24 million Euro Younicos system.

On the Azorean island of Graciosa, construction of the world’s first megawatt-scale grid-forming renewable energy system, is well under way. The “island-mode” capability of the project’s intelligent battery system will enable up to 100 percent spontaneous renewable power penetration and allow the Portuguese island to replace around two-thirds of its fossil fuel generation with cheap renewable energy.

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