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Stock impact report

RWE to construct 400MW battery storage system in Germany [Yahoo! Finance]

RWE AG ORD S/ADR (RWEOY) 
Company Research Source: Yahoo! Finance
The new facility, located on the former Dralon site north-east of the Emsland gas-fired power plant, will be the largest battery storage facility in the region. It is designed to provide maximum output for at least two hours, equating to a storage capacity of at least 800 megawatt-hours. The investment decision has been finalised, with RWE targeting an operational start for the facility in 2028. The Lingen battery storage system will deliver balancing energy to help stabilise the electricity grid. It will be equipped with technology to provide additional grid services such as instantaneous reserve (inertia), supporting grid resilience and flexibility. The installation will include more than 200 lithium-ion battery units alongside over 100 inverters, more than 50 medium-voltage transformers, two high-voltage transformers and two switch panels. The system will connect to the regional electricity grid via Amprion's Hilgenberg substation less than 50m from the site. Preparati Show less Read more
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