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Tesla batteries repurposed for smart energy storage
Cactos secured €26 million in equity funding from major investors, including OP Finland Infrastructure LP and the Finnish Climate Fund.
With the support of these investors, Cactos is poised to make a significant impact in the global energy market by transforming used Tesla batteries into efficient, eco-friendly power management systems. As a result, developing advanced energy storage technologies has become essential in ensuring a reliable power supply and reducing reliance on conventional fossil fuels. With Cactos’s innovative approach and the support from investors, the company is well-positioned to meet the rising global demand for intelligent energy storage solutions and contribute to a more sustainable future.
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