December 13, 2022

Kyon Energy is working with Obton, one of Europe's largest investors in renewable solar energy, and ECO STOR to commission 27.6 MW/32.4 MWh battery storage systems in eastern Germany.

Bad Düben, Saxony. The project consortium consisting of Obton, one of Europe's largest investors in renewable solar energy, ECO STOR GmbH, a German-Norwegian EPC, and Kyon Energy GmbH, a project and business developer specializing in battery energy storage systems, have commissioned 27.6 MW/32.4 MWh of battery storage at two sites. The facilities were built in Bad Düben and Elsteraue and are Obton's first battery storage projects in Germany.

Battery energy storage systems play a significant role in Germany's energy transition toward renewable energies. The German government aims to increase the share of renewable energies to at least 80 percent by 2030, but this poses significant challenges for energy markets and grid operators and triggers additional demand for flexibility.

"Power generation from renewable energies has a high simultaneity factor in Germany. Already today, local overloads of the grid infrastructure occur on sunny or windy days. In addition, volatile generation leads to high price fluctuations. These developments will intensify with the further expansion of renewable energies. Our projects contribute to a sustainable and independent energy transition by counteracting volatility and grid congestion," says Florian Antwerpen, CEO of Kyon Energy.

The plants financed by Obton are an important component of the German energy transition. By providing control power, they contribute to the efficient stabilization of the power grid.
Battery storage is also seen at Obton as an interesting new business area with great prospects:

"At Obton, we are very proud to enter the battery storage market with these high-quality battery projects. We support the energy transition away from fossil fuels and see battery storage as a key component of this green transformation, bringing more renewable energy to the grid. With this investment, we hope to gain valuable insights that can benefit some of our existing and future solar installations by combining them with battery storage," says Rune Holmgaard-Poulsen, Senior Specialist at Obton.

The projects were developed by Munich-based project and business developer Kyon Energy and built by German-Norwegian company ECO STOR. Kyon Energy and ECO STOR said they are collaborating on three other projects currently under construction in Germany that will be commissioned by the end of the year.

About Obton
Obton is a leading operator in the development and acquisition of solar PV plants - mainly in Europe, but also in Asia, Australia and Canada. The company has been in the solar energy business since 2009 and actively operates more than 1,300 PV plants in twelve countries. Obton offers opportunities to invest in large solar funds and currently manages approximately EUR 2+ billion on behalf of more than 4,000 Danish investors.

About Kyon Energy
Kyon Energy 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 2021 and a current project pipeline of >1GW, 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. 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.

The company was founded by a team of innovators in the utility-scale battery market and developed the high performance 3.5 MW and 4 MWh battery system "ES-3450". It has been deployed in 7 projects with cumulative deployments of 108 MWh in 2022. Currently, the team of 30 hardware and software engineers, energy market and supply chain experts is adapting the system design to the 2025+ energy market opportunities and scaling the project size to over 100 MW and deliver higher investor returns.

Press contact:

Marta Bitti
Marketing Communications Manager

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