Greenchoice and Invest-NL Invest in Circular Battery Producer Zhero Systems
Greenchoice and Invest-NL have both taken stakes in Zhero Systems, a producer of circular energy storage systems. This investment will enable Zhero Systems to expand production of circular batteries made from reused lithium-ion cells for both businesses and households. The demand for energy storage is rising due to increased solar and wind energy, grid congestion, and changes in subsidy regulations. Zhero Systems' products are designed for longevity and responsible resource management, produced in the Netherlands using repurposed battery cells.
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Greenchoice and Invest-NL have invested in Zhero Systems, an innovative producer of circular energy storage systems. This funding will allow Zhero Systems to scale up production of circular batteries made from reused lithium-ion cells, making them widely available for businesses and households.
The growing demand for batteries is driven by the increase in renewable energy sources, ongoing grid congestion, and the reduction of subsidy schemes. Zhero Systems, previously known as Refurb Battery, emphasizes sustainable design and production in the Netherlands, focusing on the efficient use of resources and minimizing dependence on imports. Their systems facilitate better use of self-generated energy for households and support business growth despite limited grid capacity.
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