Connect with us

Hi, what are you looking for?

CleanTechnica
EDF Renewable Energy has commissioned a new business unit focused on Distributed Electricity and Storage that will focus on distributed solar and storage projects up to 30 MW in size.

Batteries

EDF Renewable Energy Unveils New Distributed Electricity & Storage Business Unit

EDF Renewable Energy has commissioned a new business unit focused on Distributed Electricity and Storage that will focus on distributed solar and storage projects up to 30 MW in size.

EDF Renewable Energy has commissioned a new business unit focused on Distributed Electricity and Storage that will focus on distributed solar and storage projects up to 30 MW in size.

Distributed Electricity and Storage

The creation of the new business unit focused on the intersection of the grid and storage highlights the increasingly important role grid-scale batteries and other energy storage will play in the grid of the future.

This move builds on EDF RE’s acquisition of groSolar in April 2016 and is supported by the addition of industry veterans Tom Leyden, former CEO of Solar Grid Storage, and Felix Aguayo, former Managing Director at SunEdison.

Unpacking the reasoning behind the creation of the new business unit, Tom Leyden shared that he believes “C&I and utility customers are missing the opportunity to increase their reliability and reduce costs by not taking a more holistic approach to their energy procurement and asset utilization.”

The newly inaugurated unit plays a critical role at the junction of many of EDF RE’s existing businesses, serving to both better integrate renewable energy products into the grid while also providing a nice bolt-on addition from a sales perspective.

The global grid-scale battery market is primed to take off, with Tesla making headlines and blowing up on Twitter with potential deals in the hundreds of megawatts in Australia and Ukraine — with others presumably popping up any day … or any minute.

EDF RE is well established and primed to capitalize on the boom. As one of the largest renewable energy companies in North America, the team has vast expertise in wind, solar, bioenergy, and storage projects, with 9 GW of capacity in production in the US, Mexico, and Canada and over 300 MW of storage projects.

Image Credit: Kyle Field | CleanTechnica

 
Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 
 

Advertisement
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

I'm a tech geek passionately in search of actionable ways to reduce the negative impact my life has on the planet, save money and reduce stress. Live intentionally, make conscious decisions, love more, act responsibly, play. The more you know, the less you need. As an activist investor, Kyle owns long term holdings in BYD, SolarEdge, and Tesla.

Comments

You May Also Like

Fossil Fuels

There are 81,000 orphan wells we know about spewing methane into the atmosphere. The actual number could be 30 times higher than that.

Cars

The future of transportation is electric. The future of energy is clean renewables. The future — and increasingly the present — also requires connecting...

Clean Power

There’s not doubt about it, one of the best chances for the United States to speed up its progress on cleantech and climate action...

Clean Power

 By Nicolas Rossel The Opportunity Large-scale solar development is on the rise and investors new to this asset class are eager to dive in;...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.