Galp and US’s Powin in Algarve solar park partnership

 In Galp, News, Renewables, Solar energy, Solar Parks

Portugal’s energy giant Galp and the US renewables company Powin have signed a partnership agreement to install an energy storage system using large-scale batteries at one of its solar parks in Alcoutim in the Algarve.

The system of 5MW/20MWh batteries is Galp’s first step to hybridise its solar energy production portfolio – one of the largest on the Iberian peninsula, with almost 1.5GW in operation”, according to a joint communiqué. The amount of investment has not been revealed.
The batteries will enable Galp to store clean solar energy in periods of high production and use it in periods of high demand, maximising the value of the energy.
Alcoutim “is Powin’s inaugural project in Europe in the growing energy in battery storage solutions market.
Galp is increasing its renewable energy production capacity to transform its industrial base to produce green energy and sell renewable energy to its clients. “These storage solutions are fundamental to ensure a constant supply of electrons to our businesses”, says Georgios Papadimitriou, vice-president of Galp, responsible for New Renewables Business and Innovation”.
Headquartered in Oregon, Powin, according to its website, was founded in 1989 as a high-quality, high-volume contract manufacturing company with a large supplier network and relationship base in Asia and North America. Before most people saw the enormous market potential of large-scale battery storage, Powin was already utilising its global battery supply chain relationships to deliver high quality solutions with market-leading value. The company evolved by marrying its robust supply chain management with technology designed in the US and a vital social mission.