SUBSCRIBE
PROFILE

Germany: ECO STOR invests in an Energy Storage Facility in Schuby

ECO STOR announces a 238 MWh project in Schuby to expand its storage capacity in Germany.

Share:

Allemagne: ECO STOR investit dans un Site de Stockage d'Énergie à Schuby.

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99$/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

ECO STOR has announced plans to build a new site in Schuby, Schleswig-Flensburg. Scheduled to begin in November 2024, this initiative will add 103.5 MW and 238 MWh to the company’s storage capacity, consolidating its presence in the German market. This project is part of ECO STOR’s overall strategy to develop storage infrastructures to meet the growing demand for renewable energy. The Schuby site will be equipped with the ECO STOR ES-100C model, divided into 64 lithium-ion battery containers and 32 conversion stations. This installation will enable ECO STOR to effectively manage fluctuations in energy supply and demand, an essential asset for dynamic energy markets.

Optimizing Energy Infrastructure

With this new site, ECO STOR aims to maximize the use of existing infrastructures and minimize operating costs. The choice of location, in direct proximity to the Schuby West substation, facilitates connection and integration into the grid. This project represents a strategic investment that will enable ECO STOR to strengthen its capacities while benefiting from the synergies offered by its other sites, notably those at Bollingstedt, Wengerohr and Förderstedt. Georg Gallmetzer, CEO of ECO STOR, comments: “This project is a crucial step in our expansion in Germany. By increasing our storage capacity, we are better positioned to meet the fluctuating needs of the energy market and offer more reliable storage solutions to our customers.”

Growth and Profitability Outlook

Commissioning of the new facility is scheduled for 2025, with prospects of rapid profitability thanks to growing demand for energy storage solutions. Current market conditions and forecasts indicate a significant increase in demand for infrastructures capable of managing renewable energy efficiently. ECO STOR is a key player in meeting these needs, with a robust infrastructure and advanced technologies. Collaborations with local partners such as EPW GmbH, which specializes in regional project development, ensure smooth, efficient implementation. Strategic planning and community support play a crucial role in the success of this project. ECO STOR’s Schuby energy storage project is proof of its commitment to strengthening its position in the energy storage market. This strategic project offers promising prospects for the company’s future growth and the strengthening of its operational capabilities in Germany.

  • Popular on energynews.pro
Nordex signs 21 MW deal with BMR for German wind farm
Arevon launches $200mn solar plant construction in Illinois
Berlin approves strategic minority stake in TenneT Germany
Dana Gas explores return to Syria with SPC amid Western sanctions relief
Blackstone injects $1.2bn into West Virginia’s first natural gas power plant
au Renewable Energy invests in nine high-voltage storage sites in Japan
Nine battery storage projects totalling 18MW will be built by au Renewable Energy across the Chubu, Kansai and Kyushu regions, with commissioning scheduled through March 2027.
ACEnergy secures approval for 500 MW battery project in Bouldercombe
ACEnergy’s Central BESS project has been approved with a $3.6mn benefit-sharing plan for local and Indigenous communities.
Fullmark Energy transfers $46mn tax credit for California storage portfolio
Operator Fullmark Energy has finalised a $46mn investment tax credit transfer linked to its 125MW Redwood storage portfolio in Southern California, strengthening its ability to pursue further growth in the sector.
Eos Energy raises $76.9mn through exercised public warrants ahead of expiry
Eos Energy confirmed the expiry of its public warrants following the exercise of 6.7 million units, generating $76.9mn to finance its industrial projects in the United States.
Trina Storage signs agreement with Pacific Green for 5GWh of energy storage
Trina Storage and Pacific Green Energy Group have signed a memorandum of understanding for the supply of 5GWh of battery systems by 2028, reinforcing their activities in the Australian and international energy storage market.
HyperStrong secures 200 GWh of CATL batteries in ten-year strategic agreement
HyperStrong commits to purchase at least 200 GWh of battery cells from CATL by 2028, as part of a strategic partnership aimed at structuring a global energy storage ecosystem.
Europe urged to invest massively in long-duration energy storage to save €103bn
A report urges European states to rapidly deploy long-duration energy storage technologies, deemed essential to avoid building obsolete gas assets and reduce grid costs by 2040.
LibertyStream signs strategic agreement with Packet Digital for US lithium carbonate
LibertyStream has signed a memorandum of understanding with Packet Digital to secure a local supply of lithium carbonate for industrial and military battery production, backed by approximately $2.7mn in funding.
Rondo Energy commissions industrial heat battery in Thailand
US-based Rondo Energy and SCG Cleanergy have completed the installation of a 33 MWh heat battery at a cement plant in Thailand, the first of its kind in Southeast Asia, delivering steam to power a turbine for industrial electricity generation.
Entech and Primeo Energie launch joint venture for 100 MW of battery storage by 2029
Entech and Primeo Energie create Primtech Batteries to develop battery electricity storage projects in France and the European Union, targeting 100 MW installed by 2029.
NineDot Energy and Solar One launch education programme on energy storage in New York
Three New York public high schools are introducing a new energy storage module this year, through a partnership between NineDot Energy and Solar One aimed at preparing students for careers in distributed energy.
Nuvve invests $10mn in three energy storage projects in Denmark
Nuvve Holding Corp. plans three 2MW battery installations in Eastern Zealand to strengthen the Danish grid and optimise revenues through its proprietary software platform.
HS Hyosung invests €120 mn with Umicore to develop silicon anodes
HS Hyosung partners with Umicore to produce silicon anodes, a key material for next-generation batteries, through a €120 mn investment to strengthen its position in energy storage.
LG Energy Solution enters aerospace sector with South 8 Technologies
LG Energy Solution partners with South 8 Technologies to develop lithium-ion batteries capable of operating at -60 °C, strengthening its position in the space sector alongside KULR Technology Group and NASA.
Masdar launches Uzbekistan’s largest battery energy storage project
Masdar commits to developing a 300MW/600MWh battery storage system in Uzbekistan, marking a major step in modernising the national grid and securing investments in renewable energy.
Jabil and Inno launch Thai site to manufacture battery energy storage enclosures
Jabil and Inno will co-develop a 15,000 sqm plant in Rayong, Thailand, to manufacture metal enclosures for battery energy storage systems, aiming to enhance vertical integration and secure supply chains.
Adani Group invests in a mega battery storage project in Khavda
Adani Group launches a 1126 MW project in Khavda, marking its first entry into energy storage, with one of the largest BESS systems ever built at a single site.
Kuwait in talks for 1.5 GW battery storage to ease grid pressure
Kuwait is preparing a battery storage project with a capacity of up to 6 GWh to stabilise its power grid and address rising electricity demand.
Quino Energy raises $16mn to industrialise organic electrolytes for flow batteries
Quino Energy secures $16mn in funding to scale global production of its organic electrolytes, with strategic support from investor Atri Energy Transition.
Envision and Statera partner on 680MW storage project in the United Kingdom
China's Envision Energy will supply a 680MW battery storage system to UK-based Statera Energy as part of the Carrington project, one of the largest in the country to reach financial close.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

START - 99$/year

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.