Greek firm Sunlight, a member of the Olympia Group and one of the world’s leaders in the development and production of batteries for various commercial energy-storage applications, will partner with power grid operator IPTO for the installation of a pilot energy storage unit at a substation in Thiva, northwest of Athens.
The two sides are expected to sign a Memorandum of Understanding for the installation within the next few days. The energy storage facility is planned to have total power of 20 MW and a capacity of 20 MWh.
This project has been included in IPTO’s latest ten-year plan for the electricity transmission system’s development, covering 2022 to 2031.
IPTO has underlined the importance of exploring the prospects of central storage systems in order to manage localized congestion and offer support to the grid in view of the RES sector’s further penetration of the energy mix.
The operator’s chief executive Manos Manousakis had recently informed the operator would soon be signing an MoU with a major company active in energy storage.
Sunlight has distinguished itself for innovative, eco-friendly energy storage solutions, which it has marketed in more than 100 countries around the world over the past 30 years or so.