German battery storage developer Kyon Energy is broadening its operations to include the management of large-scale battery storage systems, with plans for significant project investments in the coming years.
To facilitate this expansion, Kyon Energy will establish a new business division that will complement its current activities in project development, engineering, procurement, construction, and management.
As a starting point, the company will take over the operation of a 100 MW/200 MWh storage facility planned for Dahlem, North Rhine-Westphalia. This project will require an investment of over EUR 75 million (USD 80.8 million).
This strategic decision follows Kyon Energy's acquisition by multienergy company TotalEnergies earlier this year.
Kyon Energy is aiming for billions in investments within the German energy infrastructure. The company has developed storage systems totaling 121 MW and holds a portfolio of 1 GW of approved and ready-to-build projects.
Its total project pipeline exceeds 7 GW, and Kyon Energy anticipates realizing more storage capacity than what is currently operational in the market in the upcoming years. As part of its expanded business model, Kyon will directly operate a portion of these projects.
