According to Utilities Middle East news, EDF is planning to develop an additional 10GW of energy storage projects around the world by 2035, on top of the 5GW already operated by the company. The French energy giant said the move represents an investment of $9.9bn over the 2018-2035 period.
Projects will be installed globally. EDF said, however, it aims to become the leader in the residential sector in France and Europe. Africa is also a priority market, it added.
New facilities that will be delivered over the next 12 month include at least three battery storage facilities and an extension to battery/solar initiatives in Ghana and the Ivory Coast.
EDF chairman and chief executive Jean-Bernard Levy said: “Electricity storage technologies have a potential to radically change the energy sector.” ——————–***——————–
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Date: Jan 31, 2019 @ 10:20
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