The Akuo-Madinina 1 – Battery Energy Storage System is a 12,000kW energy storage project located in Madinina, Martinique. The rated storage capacity of the project is 1,200kWh.
The project was announced in 2018 and will be commissioned in 2021.
Description
The Akuo-Madinina 1 – Battery Energy Storage System is being developed by Akuo Energy.
The key applications of the project are renewable energy integaration and energy arbitrage.
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By GlobalDataContractors involved
Akuo Energy is the developer of Akuo-Madinina 1 – Battery Energy Storage System.
Additional information
The project is a part of France’s Energy Regulatory Commissions (CRE) tender to develop 11 large-scale storage projects with combined power of 50 MW and a storage capacity of 56.8 MWh. In Martinique, CRE has selected Akuo Energy for 12 MW/12 MWh project.
About Akuo Energy
Akuo Energy SAS (Akuo Energy) is a renewable energy company that develops, finances, builds and operates renewable energy power plants. The company offers services such as project management, engineering, procurement and construction; and operation and maintenance of renewable energy power plants. It generates power using renewable energy sources such as hydro energy, ocean thermal energy conversion, biomass, wind energy and solar energy. The company has operations in the UAE, Turkey, Indonesia, Luxembourg, the US, Uruguay, Croatia, Poland, Bulgaria, Australia, Dominican Republic and Mongolia. Akuo Energy is headquartered in Paris, France.
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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.
