Estonia’s First Pumped-hydro Energy Storage Project Zero Terrain Partners With The Estonian Government And Receives A Grant Of €1.9M

TALLINN, Estonia, April 17 (Bernama-GLOBE NEWSWIRE) — The Estonian Ministry of Climate signs the Memorandum of Understanding (MoU) with energy company Zero Terrain to help Estonia achieve its 100% renewable energy goal by 2030. With this cooperation, Zero Terrain is collaborating closely with the government to devise solutions to enable the realisation of the pumped-hydro energy storage (PHS) project in Estonia, including supporting securing capital and addressing market challenges.

Additionally, Zero Terrain receives a grant of €1.98M from the state’s applied research programme to support Zero Terrain project development in Estonia and technology export.

http://mrem.bernama.com/viewsm.php?idm=48388

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