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  1. Market Data
September 21, 2021

Agnes Floating Solar PV- Battery Energy Storage System, Italy

By Carmen

The Agnes Floating Solar PV- Battery Energy Storage System is a 50,000kW energy storage project located in Ravenna, Emilia-Romagna, Italy. The rated storage capacity of the project is 100,000kWh.

The electro-chemical battery energy storage project uses lithium-ion as its storage technology. The project was announced in 2021 and will be commissioned in 2025.

Description

The Agnes Floating Solar PV- Battery Energy Storage System is being developed by AGNES, Qintx Holding and Saipem. The project is owned by AGNES (33.33%), Qintx Holding (33.33%) and Saipem (33.33%).

The key application of the project is balance the grid.

Contractors involved

AGNES, Qintx Holding and Saipem are the owners. AGNES, Qintx Holding and Saipem are the developers.

About Saipem

Saipem SpA (Saipem) is an engineering, procurement, construction (EPC) contractor. It offers integrated basic design, pre-front end engineering design (FEED), management of complex projects, from design to decommissioning in extreme environments including remote areas and deep waters. It serves energy and infrastructure sectors. The company offers drilling services to oil and gas upstream companies. It also offers consulting services that add value to its clients’ operations. Its fleet includes drilling rigs, construction vessels, floating production and storage offloading vessels. It has operational presence in Europe, Americas, Africa, the Middle East, Far East and Oceania, Commonwealth of Independent States, and Asia. Saipem is headquartered in Milan, Italy.

Methodology

All publicly-announced energy storage projects included in this analysis are drawn from GlobalData’s Power IC. The information regarding the projects are sourced through secondary information sources such as country specific power players, company news and reports, statistical organisations, regulatory body, government planning reports and their publications and is further validated through primary from various stakeholders such as power utility companies, consultants, energy associations of respective countries, government bodies and professionals from leading players in the power sector.

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