Germany-based Kyon Energy plans to build and operate large-scale energy storage facilities

Total Energies-owned project developer Kyon Energy Solutions wants to expand its business model to become a grid flexibility provider. The company has announced its project development and engineering, procurement, and construction management activities will be supplemented by the operation of large-scale battery storage systems.

“By entering into operations, Kyon Energy is not only expanding its service portfolio but is also actively contributing to making the electricity market more flexible,” a company statement said. “Our experience in project development and our technical expertise enable us to operate battery storage systems efficiently and create added value for the energy transition,” said Florian Antwerpen, co-managing director of Kyon Energy.

Kyon says it has already successfully developed and sold 121 MW of battery storage systems with partners. The company’s approved and ready-to-build project portfolio is estimated at 1 GW, and the current project pipeline at more than 7 GW. Kyon wants to realize more storage capacity than is currently in operation on the market and aims to operate parts of the project pipeline itself.

Kyon described its takeover by French energy giant Total Energies, in January 2024, as a decisive step in the new development. That move strengthened Kyon’s position in the German market.

The first project operated by Kyon Energy will be a 100 MW/200 MWh battery storage facility in Dahlem, North Rhine-Westphalia. That investment amounts to more than €75 million ($81.5 million).

From pv magazine Deutschland.