SaltX and Aalborg CSP to develop integrated energy storage solution for the global solar power market
SaltX Technology – listed on Nasdaq First North – and Danish Aalborg CSP A/S – a leading provider of Concentrated Solar Power (CSP) and integrated energy systems – have agreed on the key terms for a non-exclusive Joint Development Agreement to develop and commercialize an integrated energy storage solution for Concentrated Solar Power based on SaltX patented technology for large-scale energy storage - EnerStore. A first prototype will be built later this year, with the objective to secure a commercial pilot plant during 2018.In October last year, solar power exceeded coal power in terms of