Last Updated on 24th July 2024
TotalEnergies has made the final investment decision for a 100 MW /200 MWh battery energy storage system project in Dahlem, North Rhine-Westphalia, Germany. This is the first project sanctioned by TotalEnergies after acquiring Kyon Energy in February. The project, which has a total investment of more than USD 81 million, will utilize the expertise of Saft, a TotalEnergies battery affiliate.
Saft will supply the project with the latest generation of electricity storage technology (iShift LFP—lithium-iron-phosphate containers). Saft will supply the batteries, Kyon Energy will manage development, and Quadra Energy will market this new battery energy storage in Germany.
The startup Quadra Energy, one of Germany's top renewable power aggregators that TotalEnergies acquired in October 2023, will market the flexibility these batteries provide when commercial operations start in the second half of 2026.
TotalEnergies has won two major marine leases in Germany to develop wind farms totaling 4.5 GW, enough to supply green electricity to around 4.5 million households. TotalEnergies has acquired several German electricity players to accelerate and optimize its integrated development in the German renewable energy market; they include:
To achieve net zero by 2050, TotalEnergies is building renewable energy projects worldwide. At the end of 2023, TotalEnergies’ gross renewable electricity generation installed capacity was 22 GW. TotalEnergies will continue to expand this business to reach 35 GW in 2025 and more than 100 TWh of net electricity production by 2030.
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