NewsTotalEnergies Invests €75 Million in 100 MW Battery Storage Project in Germany

TotalEnergies Invests €75 Million in 100 MW Battery Storage Project in Germany

TotalEnergies has made the final investment decision for a 100 MW / 200 MWh battery storage project in Dahlem, North Rhine-Westphalia.This marks the first project approved by TotalEnergies from the pipeline of Kyon Energy, Germany’s leading battery storage system developer, which was recently acquired by TotalEnergies in February 2024.

Growatt

With an investment exceeding €75 million, the project will leverage the expertise of Saft, TotalEnergies’ battery affiliate, which will supply the latest-generation electricity storage technology (iShift LFP — lithium-iron-phosphate — containers).Commercial operations are slated to commence in the second half of 2026. Quadra Energy, a leading renewable power aggregator in Germany acquired by TotalEnergies in October 2023, will market the flexibility provided by these batteries.

“This investment decision reflects the acceleration of our integrated development in the Germany electricity market, the largest in Europe. For the battery system design, we will leverage synergies between our electricity teams: Saft will supply the batteries, Kyon Energy will manage development, and Quadra Energy will market this new capacity,” declared Stéphane Michel, SVP, Gas, Renewables & Power at TotalEnergies. “All our recent investments in Germany demonstrate our strong commitment to contribute to the decarbonization of the country’s electricity and industry.”

Also Read  August Energy and Energeia Launch USD 100 Million Partnership for Energy Efficiency Projects in India

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