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6th January 2021 - 0 comments

Blackstone battery project receives grant from EU

Blackstone Resources AG has announced that Current Direct, a new research and innovation project funded by the European Commission’s Horizon 2020 program, will revolutionize the way we move goods and people by water. The vast majority of water transport in Europe is propelled by dirty, noisy diesel engines. By cutting the cost of today’s marine battery electric drivetrains in half and relieving ship owners of the burden of capital expense, Current Direct will enable rapid adoption to reduce greenhouse emissions by 482.000 MT of CO2 equivalents per year.

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