Rolls-Royce takes majority holding in energy storage firm Qinous

The British multinational engineering firm’s interest has increased to 73.1%

Rolls-Royce has announced it will now hold a majority stake in Berlin-based energy storage company Qinous.

The British multinational engineering firm had already bought a 19.9% stake in the former start-up in October 2018, which has now increased to 73.1%.

Qinous provides smart energy storage solutions with an integrated microgrid and energy management system suited to both on and off grid applications, combining renewable energy sources, power generators and storage technology.

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