This week’s TOP 5 includes a project in Hawaii composed of 19.3 MW of PV and 70 MWh of storage, a partnership between Nippon Koei and Yuso to deploy battery storage in Belgium, a partnership between Hyundai and Greensmith, SUSI Partners’ energy storage fund reaching financial close, and Statera refinancing its 50 MW battery storage project in Pelham, UK.
- Hawaiian utility KIUC has signed a 25-year PPA (at $10.8 cts/kWh) with AES Distributed Energy for a 19.3 MW PV plant coupled to a 70 MWh battery.
- Nippon Koei and Yuso join forces on battery energy storage in Europe. The consortium plans to deploy a 25 MW battery storage system at a decommissioned coal power plant in Belgium by 2020.
- Hyundai enters the stationary storage market through a partnership with Greensmith. Hyundai aims at offering a second life to its used EV batteries.
- “The energy storage infrastructure fund of SUSI Partners AG has reached its final close at €252 million (USD 294m)”
- Statera Energy has refinanced its 50 MW Pelham battery project with Natwest. The project had been awarded a 15 year capacity contract and a 2 year FFR contract.