(CercleFinance.com) – Stif announces ‘significantly’ raising the level of turnover expected for the current financial year for its Battery Energy Storage System explosion protection activity.
Stif thus indicates that it has recorded an increase in business volume of 30% (3 ME) as part of the commercial relations established with Tesla.
Furthermore, the Group has validated the listing of its products with SUNGROW, a Chinese player specializing in large-scale energy storage systems, and recorded a first order for a total amount of €5 million.
According to Stif, ‘these two major commercial successes will strongly contribute to the growth of the Group’s activity and turnover in 2024’.