In 2022, TeraLight signed a strategic collaboration agreement with BL Energy, a member of the Blilious Group, solidifying its position as a leading force in the field of energy storage in Israel, with 2.4 GWh of energy storage in the pipeline.
As countries around the globe are gradually transitioning to renewable energy in alignment with international climate crisis mitigation policies, the demand for efficient energy storage solutions has experienced a sharp surge in recent years.
Effective storage solutions are designed to ensure a consistent electricity supply, regardless of environmental conditions and weather, thereby significantly enhancing the overall availability and reliability of electricity generation from renewable energy sources.
TeraLight is working to realize the potential in this sector through developing, constructing and operating energy storage facilities in Israel and around the world.