Statoil to Install Large-Scale Battery Storage at Floating Scottish Windfarm

GALWAY, IRELAND--March 29, 2016--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Norway's oil and gas giant, Statoil ASA (NYSE:STO) (Stavangar, Norway) has announced plans to test commercial-scale battery storage technology at the world's first floating offshore windfarm in Scotland. Within this article: Details of storage battery project timescales, investment and partners