A new offering from Siemens Financial Services (SFS) could give potential customers in the UK an avenue to access Siemens’ energy storage technology, SIESTORAGE, without committing capital up front.

Using SIESTORAGE technology companies can defer electricity purchases from peak times to cheaper periods. The modular system, which is based on Lithium-ion battery technology, typically suits customers with on-site consumption of between 1 MW and 100 MW, according to SFS.

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