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Volvo Penta follow-on investment in UtilityInnovation Group

Volvo Penta announced a follow-on investment in UtilityInnovation Group (UIG). This strategic investment underlines Volvo Penta’s role in the growing global market for energy infrastructure as an independent supplier of energy-dense battery energy storage (BESS) subsystems.

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UtilityInnovation Group

Volvo Penta follow-on investment in UtilityInnovation Group

Volvo Penta announced a follow-on investment in UtilityInnovation Group (UIG). This strategic investment underlines Volvo Penta’s role in the growing global market for energy infrastructure as an independent supplier of energy-dense battery energy storage (BESS) subsystems.