Siemens plans 100MW battery storage facility in Germany

SourceTrade Arabia
SectorOil & Gas
CountryMiddle east

Siemens Smart Infrastructure and Zukunftsenergie Nordostbayern GmbH (Zenob) have signed a letter of intent in Wunsiedel for the turnkey construction of a 100 megawatt battery storage facility in the German town.

The plant, with a storage capacity of 200 megawatt hours, is intended to use surplus renewable energy and cover demand peaks in the power grid. The 5,000-sq-m energy storage facility is capable of supplying 20,000 average households with electricity for a year. The lithium-ion battery storage system will be provided by Fluence, a joint venture between Siemens and AES.

Siemens will handle project management, including a technical implementation concept, as well as the construction of a medium-voltage switchgear system and connection to the high-voltage grid.

Among other things, the letter of intent also includes the development of a financing concept.

“Electricity storage facilities are an important building block for shaping the future of energy,” said Marco Krasser, Managing Director of SWW Wunsiedel GmbH, one of the partners in Zukunftsenergie Nordostbayern GmbH.

“They more...