New redT deal could add 770 MWh of energy storage in Germany

UK-based redT energy Plc (LON:RED) has reached an exclusive deal with Energy System Management GmbH (ESM) that could lead to the roll out of 770 MWh of grid-scale energy storage projects in Germany.

As a first phase deployment, the company will deliver two 40-MWh grid-scale energy storage projects in Germany, representing a total of 1,066 of redT's Gen 3 tank units. The projects are fully developed and ready for financing, with secured planning approval, grid connection and clearance to supply Secondary Control Reserve (SCR) to the German and Austrian markets.

This initial phase is expected to enter construction next year. RedT noted that this is the first time flow machines will be used to provide SCR in Germany. A further 690 MWh of units could be deployed in the future.

“This is a real long-term infrastructure application for energy storage - providing 4-hours of capacity to the grid and supporting the growth of renewables, which is what stationary energy storage is designed to do,” said Scott McGregor, CEO of redT.

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