Our portfolio company Alpiq has acquired a 100 megawatt battery project north of Paris, one of the largest battery systems in France. With a capacity of 200 megawatt hours this project will be capable of supplying electricity to 170,000 households for two hours ensuring grid stability, especially as more renewable energy sources come into France’s energy mix. As part of its ongoing investments in energy system flexibility, Alpiq is planning further acquisitions of battery storage projects across Switzerland, Germany, France and the Nordics 👉 Find out more: https://lnkd.in/eeswnNs5 #EnergyTransition #RenewableEnergy #BatteryStorage #SystemFlexibility
🌍 Alpiq Continues to Invest in Flexibility! We are excited to announce the acquisition of a 100 MW battery project in the Oise department, north of Paris! This battery energy storage system (BESS), with a capacity of 200 MWh, is set to be commissioned in autumn 2026. This investment aligns perfectly with our strategy to enhance flexibility and integrate renewable energy into the grid. ⚡️ 🔋 Why This Matters: The energy transition requires flexible electricity generation and storage solutions. Our new BESS will play a crucial role in stabilizing the grid and supporting the integration of intermittent renewable sources like wind and solar. 🌬️☀️ 💡 A Powerful Addition: This project, developed by Harmony Energy, will be one of the largest battery systems in France, capable of supplying electricity to 170,000 households for two hours. It’s a significant step towards enhancing grid stability and security of supply! 🏡 📈 Commitment to Our Strategy: Lukas Gresnigt, Head of International and Member of the Executive Board of Alpiq, states: "The investment in this battery energy storage system in France signals a clear commitment from Alpiq. It underlines our strategy of expanding our flexible asset portfolio to enable the integration of variable renewable energy." 🌟 🌐 Looking Ahead: Alpiq is not stopping here! We are planning further acquisitions of battery storage projects across Switzerland, Germany, France, and the Nordics. Together, we are paving the way for a sustainable energy future! https://lnkd.in/eeswnNs5