Does EKU energy have a battery storage system in Italy?
Battery storage system. Image by: Aurora Energy Research. Eku Energy, the UK-based battery storage platform set up by Macquarie Asset Management’s Green Investment Group (GIG), has secured exclusivity over a 1-GW portfolio of battery storage projects in Italy, it said today.
Is Italy a key market for EKU energy?
Sandra Grauers Nilsson, CEO of Eku Energy commented: Italy is a key market for Eku Energy as we continue our global expansion, and we’re thrilled to have partnered with Renera Energy to help meet the country’s growing need for energy storage.
When will Enel Green Power start building battery storage projects in Italy?
Image: Enel Green Power. Enel Green Power will start building 1.6GW of battery storage projects in Italy this quarter, with the country’s utility-scale market expected to soar in the next three years. The renewables arm of multinational energy firm Enel said construction will begin between April and June this year.
Will EKU energy finance a 100 MW battery storage project?
Under its terms, Eku Energy is already providing financing for a 100-MW portion of the portfolio containing projects to be installed in the South of Italy where the high renewables deployment is causing grid congestion issues. Specific details about the battery storage projects were not available.
Who is EKU energy & Renera energy?
Global energy storage developer Eku Energy has signed a Framework Agreement with Renera Energy, a European consulting, trading and development group. The agreement, signed on 28th June 2023, secures Eku Energy exclusivity over 1GW of battery storage projects in Italy.
Where are Enel Green Power's Battery storage projects located?
The projects are spread across the country, located in 10 out of Italy’s 20 regions, but half of them will be on the island of Sardinia. Enel Green Power will start building 1.6GW of battery storage projects in Italy this quarter, as the country's market looks set to surge.
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Eku Energy, the UK-based battery storage platform set up by Macquarie Asset Management''s Green Investment Group (GIG), has secured exclusivity over a 1-GW portfolio …
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"By combining our deep global expertise in energy markets with Renera''s specialist local knowledge we will deliver safe, secure and reliable energy storage solutions that advance Italy''s clean energy transition," she said. Eku Energy currently has a 1.2-GWh pipeline of battery storage projects in delivery globally.
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