German energy storage developer Kyon Energy has sold a 195-MW portfolio of battery energy storage projects to Danish solar energy investor Obton. The portfolio consists of 15.8-MW/35-MWh projects in Tangermunde, Saxony-Anhalt, 20.7-MW/41.4-MWh scheme in Karstadt, Brandenburg, a 137.5-MW/275-MWh project in Alfeld, Lower Saxony and 20.7-MW scheme in an unspecified location. The deal is part of a framework agreement signed between the partners in July that will see them install up to 600 MW of storage capacity in Germany over the next three years. The infrastructure investment is estimated to be in the high three-digit million euro sum. All four sites are due to enter construction in 2021.
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