EDF Acquiring UK Battery Energy Storage Startup (M&A, Int'l.)
EDF Energy,Pivot Power
EDF Group reports it is acquiring UK battery energy storage startup Pivot Power on undisclosed terms. Pivot is developing 40 sites of 50MW storage capacity, each combined with rapid charging services for the road transport network.
Under the deal, the Pivot Power brand and name will continue as a subsidiary of EDF Renewables, and will be steered by its existing management team. (Source: EDF Group, Network, 4 Nov., 2019) Contact: Pivot Power, Matt Allen, CEO, www.pivot-power.co.uk
More Low-Carbon Energy News EDF Energy , Pivot Power, Battery Energy Storage, Energy Storage,
EDF Energy, Nuvve Installing V2G Chargers in UK (Int'l Report)
EDF Energy, Nuvve
In the UK, EDF Energy reports it is partnering with San Diego, California-base Nuvve to install up to 1,500 EV Vehicle-to-Grid (V2G) battery chargers in the UK. The chargers will be offered to EDF Energy's business customers and will be used at its own sites to provide up to 15 megawatts of additional energy storage capacity -- sufficient energy to power 4,000 homes.
V2G chargers allow a two-way flow of electricity between an EV and the charger, representing a potentially valuable opportunity to further enhance the electricity system benefits of EVs through provision of large volumes of cheap storage and flexibility.
Nuvve has deployed V2G projects on five continents including the world's first fully commercial V2G hub in Denmark which has been operational for two years.
EDF generates electricity with eight nuclear power stations, more than 30 wind farms, one gas and two coal power stations, as well as with combined heat and power plants. (Source: EDF Energy, Green Car Congress, 1 Nov., 2018) Contact: EDF Energy, Jean-Bernard Levy, Pres, Matthieu Hue, CEO, www.edf-er.com; Nuvve, www.nuvve.com
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EDF Off-loading Half of its UK Wind Assets (Ind. Report, Int'l)
EDF Energy Renewables
French energy giant giant EDF Energy Renewables reports it is in talks to sell a 49 pct stake in its portfolio of UK wind farms in a deal approaching £600 million. EDF owns 23 onshore wind farms and one offshore wind farm off the north-east coast of England that generate about 550MW of electricity.
Barclays is advising EDF on the sale which would be the largest in a series of EDF transactions intended to expand into other energy sectors. To that end, in November 2017, EDF sold an 80 pct stake in five of its onshore wind farms totaling 100 MW to Greencoat UK Wind. It continues to run the sites and provide maintenance and operational services.
(Source: EDF, Financial Times, 20 May, 2018) Contact: EDF Energy Renewables, Matthieu Hue, CEO, www.edf-er.com
More Low-Carbon Energy News EDF Energy Renewables, Wind, Renewable Energy,
EDF's Rock Falls Wind Project On Line in Oklahoma (Ind. Report)
EDF Renewable Energy
EDF Renewable Energy (EDF RE) reports its 154 MW Rock Falls Wind Project located in Kay and Grant Counties northern Oklahoma has begun commercial operation with Kimberly-Clark Corporation agreeing to purchase 120 MW of the project's power generation.
The Rock Falls Wind Project, which got underway in July, 2017, incorporates various wind turbines and various components manufactured in the USA. The project is EDF RE's second project in Oklahoma. In 2016, the Company completed the Great Western Wind Project which supplies Google with its output of electricity.
EDF Renewable Services will provide balance-of-plant operations and maintenance for the facility.
(Source: EDF Renewable Energy, PR, 15 Dec., 2017)
Contact: EDF Energy Renewables, Ryan Pfaff, Exec. VP, Tim Wheeler, Onshore Wind Development Manager, www.edf-er.com
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