Weekly renewables M&A round-up (Aug 15-19)
Aug 19, 2022 17:14 CESTApril 11 (Renewables Now) - Portuguese utility Energias de Portugal SA (ELI:EDP) said on Tuesday it will deliver a 3.8-MWp solar project with some storage capacity for battery maker Exide Technologies Lda.
The firms have signed an agreement for the construction of two solar photovoltaic (PV) systems, consisting of more than 10,000 panels, to power Exide's production facility in Castanheira do Ribatejo and its recycling plant in Azambuja. The energy storage component, of 500 kWh, will use Exide's GNB Sonnenschein A600 batteries.
EDP will be in charge of the operation, maintenance and real-time monitoring of the solar and storage capacity, expected to be operational by the first quarter of 2020. The combined output would be enough to meet the demand of over 2,000 homes and to avoid the emission of 31,000 tonnes of carbon dioxide (CO2) per year.
According to Exide, this will be one of the largest self-consumption generation units with storage in Europe. Any surplus power will be injected into the grid, especially in the summer season, when Exide's plants need less energy.
Weekly renewables M&A round-up (Aug 15-19)
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