Abu Dhabi-based green energy firm Masdar has signed an agreement to work with Norwegian multinational oil and gas company Statoil on expanding the development of energy storage systems for business and other applications.
Masdar said the companies are analysing data from the “Batwind” integrated energy storage system the firms launched last year to store energy generated by Hywind Scotland— the pilot commercial-scale floating wind farm offshore Peterhead in Aberdeenshire, Scotland.
