Munich, 31.10.2024 - The project development company Kyon Energy, which specializes in the planning and implementation of large-scale battery storage projects, is strategically broadening its base and expanding its business model. In addition to its existing project development and EPCM (Engineering, Procurement, Construction, and Management) activities, Kyon Energy will also be active as an operator of large-scale battery storage systems in the future. The company is thus developing into a holistic flexibility provider in the energy market.
The new business division comprises the operation of large-scale battery storage systems, which play a key role in grid stability and the integration of renewable energies. By entering into operations, Kyon Energy is not only expanding its service portfolio, but also actively contributing to the flexibilization of the electricity market. As a flexibility provider, the company can respond comprehensively to the growing challenges of the energy market.
“By entering into the operation of large-scale battery storage systems, we are setting an important strategic milestone in order to strengthen our position in the market and meet the growing demand for flexible energy solutions. 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,” explains Florian Antwerpen, Co-Managing Director of Kyon Energy.
In the coming years, Kyon Energy will realize more storage capacity than is currently in operation on the market. Parts of the project pipeline will be operated by the company itself. In total, billions will be invested in the German energy infrastructure.
A decisive step in this development was the merger with TotalEnergies at the beginning of 2024, one of the world's leading multi-energy companies. The acquisition strengthens Kyon Energy's position in the German market and, by becoming an operator, will enable it to exert an even greater influence on the transition to a more sustainable energy system. The project in Dahlem, North Rhine-Westphalia - a large-scale battery storage facility with a storage capacity of 100 MW/200 MWh - will be the first storage project operated by Kyon Energy itself. More than 75 million euros will be invested in the infrastructure.
By expanding its business model, Kyon Energy is underlining its position as a pioneer in the battery storage market and consolidating its role as a key player for a sustainable and stable energy supply.
About the company:
Kyon Energy is a leading German project development company that focuses on large-scale battery storage systems and, in addition to project planning, also acts as EPCM and operator of the systems. With 121 MW of battery storage systems successfully developed and sold with partners, over 1 gigawatt of approved and ready-to-build projects and a current project pipeline of over 7 GW, Kyon Energy is one of the market leaders in Germany. The company has a particular focus on the development and optimization of multi-use strategies, combined with in-depth expertise in project development and management as well as the regulation of large-scale battery storage systems. Through its battery storage systems, Kyon Energy is a driver of the energy transition and strives for a world powered by renewable, sustainable and independent energy.
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