Swiss battery manufacturer Leclanchàƒ© will play a role in an energy storage-equipped renewable energy project being developed in Graciosa by Younicos, a German-American specialist in renewable energy integration.
Leclanchàƒ© will provide the battery energy storage solution, using its lithium-ion batteries, which will be combined with Younicos Energy Management software.
Additionally, an affiliate of Recharge ApS, one of Leclanchàƒ©’s largest shareholders, will provide $3.71 million in convertible debt financing to the project’s operating company Graciolica, a unit of Younicos. Both announcements are milestones that will help accelerate implementation of the project in the coming weeks and will ensure substantial progress during the course of 2015.
A megawatt-scale renewable energy plus storage system, currently being built on the island of Graciosa in the Azores (Portugal), will stabilize the grid without the rotating mass of a conventional thermal engine. The system will enable the grid to be fully powered by wind and solar energy.
The centerpiece of the system is a fully automated, intelligently managed 2.8 MW battery park integrated into the intelligent energy management system developed by Younicos. In addition, the system will incorporate wind energy (4.5 MW) and solar (1 MW) power resources, and intelligent inverters.
The renewable energy-powered grid will boost the island’s annual share of renewable energies, from a previous limit of 15 percent to up to 65 percent and thus allow the island to reduce its dependence on fuel imports.