Siemens to Construct Battery-Storage Plant in Germany
July 19 2021 - 6:24AM
Dow Jones News
By Ed Frankl
Siemens AG said Monday that it has signed a letter of intent
with Zukunftsenergie Nordostbayern GmbH for the construction of a
100-megawatt battery-storage facility in southern Germany.
The plant in Wunsiedel, Bavaria, will have a storage capacity of
200 megawatt hours. It is intended to use surplus energy and cover
demand peaks in the power grid, the German industrial company
said.
The lithium-ion battery-storage system will be provided by
Fluence, a joint venture between Siemens and Arlington, VA-based
AES Corp., Siemens said.
Siemens will handle project management, as well as the
construction of a medium-voltage switchgear system and connection
to the high-voltage grid, it said.
The facility will be alongside a 8.75-megawatt
hydrogen-generation plant at Wunsiedel, which last week broke
ground for construction in preparation for an operational start
date in 2022. Siemens is a supplier and partner for the plant.
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
July 19, 2021 06:15 ET (10:15 GMT)
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