TALLINN, Estonia, April 17 (Bernama-GLOBE NEWSWIRE) — The Estonian Ministry of Climate signs the Memorandum of Understanding (MoU) with energy company Zero Terrain to help Estonia achieve its 100% renewable energy goal by 2030. With this cooperation, Zero Terrain is collaborating closely with the government to devise solutions to enable the realisation of the pumped-hydro energy storage (PHS) project in Estonia, including supporting securing capital and addressing market challenges.
Additionally, Zero Terrain receives a grant of €1.98M from the state’s applied research programme to support Zero Terrain project development in Estonia and technology export.