InCommodities has made its first investment in battery storage in Poland through a grid-connected battery storage system developed in partnership with renewable energy company Low Carbon, the company said in a press release.
The project includes an 8 MW battery storage system with two hours of storage and a total capacity of 16 MWh per cycle. The plant is expected to be one of Poland's first independent, grid-connected battery storage systems and is scheduled to be operational in 2027.
When fully discharged, the system can provide electricity equivalent to the average consumption of around 30,000 Polish households for a period of two hours.
Poland is currently undergoing a significant change in its energy mix, with rapid growth in production from renewable energy sources, while large parts of the electricity system remain based on coal. In this context, the need for flexible capacity to balance supply and demand in the electricity system is increasing.
- This investment marks InCommodities’ first investment in battery storage in Poland. Poland’s energy mix is changing, increasing the importance of flexibility in the system, and the project reflects our belief that battery storage will play a crucial role in enabling the energy transition, says Andreas Sommer Schwartz, Head of M&A and Strategic Growth at InCommodities.
The project is being developed through a joint venture between LC Energia, Low Carbon’s majority-owned Polish company in partnership with developer Evercon, and InCommodities. LC Energia is responsible for the construction, while Goldbeck has been appointed as EPC supplier, and Trina is supplying the battery technology.
The investment is part of InCommodities’ Sustainable Investment Initiative, which was launched in 2023 with a focus on investments in technology, projects and solutions that will support the transition towards net-zero emissions.
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