A new resident has been registered in the Minsk free zone
Altowatt LLC, a company that will implement an investment project for the construction and maintenance of power-processing facilities that will allow industrial consumers – residents of the Minsk FEZ - to optimize energy consumption by using megawatt-class energy storage systems.
The company “Pure Energy” which oversees projects of Irish investors in the Republic of Belarus will manage the project at the design and construction stages.
Therefore, Irish investments (about 4.5 million euros) will be invested in the implementation of the project.
The construction of the power-processing facilities will allow the companies-residents of the FEZ "Minsk" to make more profit by optimizing the cost of electricity in the daytime. The company "Altowatt" will also provide services to residents on maintenance of energy storage systems during the entire period of operation.