News
Since 2019, Elewit has been promoting and driving technological innovation among Redeia's companies to accelerate the ecological and digital transition.
The new fund, known as Adara Ventures Energy I, is classified under Article 9 of the Sustainable Finance Disclosure Regulation for its commitment to sustainable investment objectives.
It is backed by the European Investment Fund (EIF), which has contributed €35 million of Adara Ventures Energy I's planned overall investment of €120 million.
It will support early-stage companies specialising in the development of innovative technologies that accelerate the transition to a new, decarbonised energy model.
It is backed by the European Investment Fund (EIF), which has contributed €35 million of Adara Ventures Energy I's planned overall investment of €120 million.
It will support early-stage companies specialising in the development of innovative technologies that accelerate the transition to a new, decarbonised energy model.
The hybrid storage project with grid-forming control developed by both companies demonstrated the ability of the combined system to operate in GFM mode providing a wide range of services.
