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POWER: VPI, Quantitas Plan 500MW of German BESS

POWER
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Power firm VPI and Quantitas Energy will build 500MW of battery storage over the next 3-5 years in Germany, investing up to €500mn in the development, VPI said, cited by Reuters.

  • The units will be able to store 1GWh – about half of Germany’s current operational battery storage capacity.

  • Germany’s Fraunhofer Institute estimates the country will need around 100GWh of flexible power in the energy system by 2030 amid the development of renewables.

     

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Power firm VPI and Quantitas Energy will build 500MW of battery storage over the next 3-5 years in Germany, investing up to €500mn in the development, VPI said, cited by Reuters.

  • The units will be able to store 1GWh – about half of Germany’s current operational battery storage capacity.

  • Germany’s Fraunhofer Institute estimates the country will need around 100GWh of flexible power in the energy system by 2030 amid the development of renewables.