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Statevolt, a US headquartered green industrialisation company, announced plans earlier this month to construct a new state-of-the-art, technology-agnostic battery cell gigafactory in the UAE’s Ras Al Khaimah.
With a capital expenditure of $3.2bn, Statevolt Emirates, as the UAE venture will be known, aims to set new standards of technological innovation in the energy storage sector (ESS). This ambitious project,…