-New large-scale battery storage facility approved in Diesdorfer Wuhne (Magdeburg)
-58 megawatt / 116 megawatt hours of storage capacity for the German power grid
-Realization of storage project by 2025
Munich, 19.10.2023. Kyon Energy, a leading project development company for large-scale battery storage based in Munich, Germany, receives approval for the realization of a new large-scale storage facility in Diesdorfer Wuhne, on the outskirts of Magdeburg, Saxony-Anhalt. The facility will have a storage capacity of 58 megawatts / 116 megawatt hours. Construction is scheduled to begin as early as the beginning of 2024.
After completion, the battery storage system will perform system-serving tasks by stabilizing the grid frequency on the one hand and improving the utilization of the grids on the other, so that more renewable energies can be integrated into the power grid overall. Due to the high storage capacity, excess energy can be stored and fed back into the grid as needed. This promotes more efficient use of renewable resources and reduces dependence on conventional fossil energy sources.
"In the transition to a cleaner energy system, battery storage plays a critical role in stabilizing the power grid and ultimately enabling a more independent and sustainable system. Through the flexibility that battery storage projects like the one in Diesdorfer Wuhne provide to the power grid, we are initiating a turnaround in the German energy system and making an important contribution to the success of the energy transition," says Florian Antwerpen, CEO of Kyon Energy.
The new storage facility is scheduled to be commissioned by 2025.
About Kyon Energy
KyonEnergy is a German project and business development company focused on large-scale battery storage systems. With 121 MW of battery storage systems successfully developed and sold with partners in 2022 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 in the development and optimization of multi-use strategies, combined with deep expertise in project development and management as well as 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.