French energy developer Corsica Sole said it inaugurated continental Europe’s biggest energy storage system in Wallonia, Belgium.
The lithium-ion battery system, at 50MW/100MWh, is the first of three due to come online before year-end. It will provide load shifting services.
Corsica Sole said the project represented €33 million ($34.7 million) of investment.
Michael Coudyser, managing director of Corsica Sole, said: “We financed this project with our shareholder Mirova Energy Transition 5 without having recourse to any public subsidy. By demonstrating that the large-scale deployment of batteries is economically viable, we provide proof that we can build a world based on renewable energy coupled with energy storage.”
Photo: Corsica Sole’s two-hour energy storage system in Belgium