Enerfin offers PPAs for solar parks+battery with zero up-front storage cost

Enerfin has launched an all-in-one offering which includes a PPA with green energy storage.

Announcing the new product yesterday, Enerfin said it will finance and install BESS to be co-located, via the same grid connection point, with solar parks.

The product is suitable for solar projects with capacities of 1 MW to 120 MW, Enerfin said, and operators do not have to invest in the BESS. The associated, 20-year PPA provides for monthly billing.

The company said the BESS are modular, start from a capacity of 400 kWh, and the modules weigh less than four tons, facilitating installation at solar sites.

Enerfin is promising “significantly higher yields compared to conventional direct marketing of solar power.” The company’s Lynus subsidiary will market the energy from the BESS on the spot market using its machine-learning-based software. Enerfin said it will be responsible for grid-friendly and Redispatch 2.0-compliant operation of the BESS.

With Enerfin financing and supplying the BESS, solar project operators will not have to deal with the IT costs, interface problems, and other risks associated with the operation, trading, and administration of BESS at their sites. Enerfin CEO Paul Hauser said, “For operators of solar power plants, the acquisition of a battery storage system typically involves additional planning, capital requirements, construction work, and coordination with the marketer.”

From pv magazine Deutschland.