NHOA Energy to Deliver a New 39MWh Battery Storage System in Central Italy
20 Octobre 2023 - 9:41AM
Business Wire
Regulatory News:
NHOA Energy, the company of NHOA Group (NHOA.PA, formerly Engie
EPS) (Paris:NHOA) dedicated to energy storage, announces that it
has been selected as turnkey supplier for a 39MWh Battery Energy
Storage System in central Italy.
The project was selected by Terna, the Italian Transmission
System Operator, in the 2024 Capacity Market auction, the
remuneration system created to guarantee that long-term price
signals and adequacy conditions of the electricity system are
consistent with EU decarbonization objectives. Moreover, a new
mechanism for Terna to procure in advance energy storage capacity
is currently under review and will be finalized in the coming
months, to underpin Italy’s target of 71GWh of new grid-scale
battery storage by 2030 under the “Fit-for-55” EU framework
(reducing greenhouse emissions by 55% by 2030).
Following the 70MW being delivered by NHOA Energy in the context
of the Fast Reserve Units, the award of this project confirms NHOA
Energy's capability to design systems able to provide all the
different energy storage services in the Italian market and paves
the road for additional deployments in sight of the future storage
auctions to reach the 2030 EU targets.
Located in central Italy, the system will be strategically
positioned within the perimeter of the existing combined cycle gas
plant, enabling the connection of the battery storage system with
the existing power plant, and fully integrating into the plant's
control architecture while, at the same time, ensuring optimal
performances and reliability.
"This award, in the context of the 2024 Capacity Market
auctions, is an important signal and opens the doors for the future
projects that Italy will need to put in view of the EU 2030
decarbonization objectives. At NHOA Energy, our vision aligns with
creating a more sustainable future and doing so partnering with
esteemed energy players and with the help of Terna amplifies our
mission, allowing us to collaborate and innovate, redefining the
landscape of renewable energy solutions for generations to come",
commented Fabrizio Ciaccia, Vice President EMEA of NHOA
Energy.
The construction phase is expected to start by the end of 2023
while commercial operation is expected by December 2024.
* * *
NHOA Group NHOA S.A. (formerly Engie EPS), global player
in energy storage, e-mobility and EV fast and ultra-fast charging
network, develops technologies enabling the transition towards
clean energy and sustainable mobility, shaping the future of a next
generation living in harmony with our planet. Listed on Euronext
Paris regulated market (NHOA.PA), NHOA Group forms part of the CAC®
Mid & Small and CAC® All-Tradable financial indices. For
further information, go to www.nhoagroup.com follow us on
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NHOA Energy NHOA Energy is NHOA Group’s business unit
that designs and delivers turn-key energy storage systems,
transforming solar and wind farms into sustainable energy sources
available 24/7. As a pioneer in microgrids with renewables and
green storage systems, NHOA Energy ranks among the top global
system integrators with more than 15 years of experience and over
1.6GWh of capacity online and under construction in four continents
around the world. NHOA Energy with offices in UK, US, Taiwan and
Australia, maintains research, development, and production of its
technologies entirely in Italy. For further information, go to
www.nhoa.energy follow us on LinkedIn follow us on
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