Business Wire

AutoGrid Deploys AutoGrid Flex for Total’s Largest Battery-Based Energy Storage Project in France

Share

AutoGrid, the market leader in AI-powered flexibility management software for the energy industry, deploys award-winning AutoGrid Flex™ Virtual Power Plant (VPP) platform to provide frequency regulation capabilities to Total SE for its largest battery-based energy storage project in France, a 25MW/25MWh lithium-ion system at the Flandres Center in Dunkirk’s port district.

The AutoGrid Flex integrated flexibility management suite enables the system to provide stability to the French power grid in real time (less than 500 milliseconds) and supports Total’s participation in Europe’s Frequency Containment Reserves (FCR) market. AutoGrid Flex controls the project’s end-to-end market reserve purchasing from Reseau Transport Electricité (RTE), the electricity transmission system operator of France. Currently in operation, the €15 million system is based on Saft’s Intensium® Max 20 High Energy solution with 11 integrated 2.3 MWh containers.

“Tapping the AutoGrid platform for this milestone project has allowed us to bring for more flexibility on France’s power grid, enabling a more stable and reliable network, and opening up new opportunities in the FCR market,” said Jean-Marc Simandoux, VP Front Office, Trading Division, Gas Renewables & Power at Total. “Our prior work utilizing AutoGrid’s platform, and the company’s successful track record of project delivery on this project, assures us we’re tapping a power trading market-leading partner.”

Total Flex will operate the largest battery on the FCR market and monetize capacity accounting for up to 3% of the French market (total size of 650MW).

“We’re proud to provide the technical foundation for this pioneering deployment for the European grid and for batteries’ participation in frequency regulation markets worldwide,” said Amit Narayan, Founder & CEO, AutoGrid. “Working with an energy major like Total, provides significant thrust to our efforts of accelerating the deployment of storage and renewable energy across the globe.”

Total has also been a minority investor in AutoGrid through its corporate venture capital arm Total Carbon Neutrality Ventures since 2016, thus supporting early on AutoGrid’s vision of smart energy networks.

About AutoGrid:

AutoGrid builds AI-powered software solutions that enable a smarter energy world. The company’s suite of flexibility management applications allows utilities, electricity retailers, renewable energy project developers and energy service providers to deliver clean, affordable and reliable energy by managing networked distributed energy resources (DERs) in real time, at scale through different value streams. AutoGrid’s flagship application, AutoGrid Flex, is ranked as the #1 Virtual Power Plant Platform in the world according to the global ranking published in 2020 by industry-leading research and analysis firm Guidehouse (formerly, Navigant Research).

Contact information

Media
AutoGrid
Leo Traub
Antenna Group for AutoGrid
autogrid@antennagroup.com

About Business Wire

Business Wire
Business Wire



Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Ecoppia Strengthens Its Presence in the Middle East with a first Project in Egypt25.2.2021 08:00:00 CETPress release

Ecoppia (TASE:ECPA), the pioneer and world leader in robotic solutions for photovoltaic solar, announced today a new project in one of the worlds’ largest solar parks in BenBan, Egypt. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210224005973/en/ Ecoppia's light-weighted T4 solution, designed especially for Single Axis trackers. Completely autonomous, water-free, and energy independent. (Photo: Business Wire) BenBan solar park, located near the southern Egyptian city of Aswan, has a total capacity of 1,650 MWp corresponding to an annual production of approximately 3.8 TW, and is spread across nearly 40 km. While enjoying very high radiation rates, the facility also suffers from major soiling and desert sands, requiring frequent cleaning to ensure steady and optimal production. Ecoppia’s robotic solutions were proven to be extremely effective, cleaning nearly 10 million solar panels every night in harsh climatic conditions,

SES S.A.: Full Year 2020 Results25.2.2021 07:30:00 CETPress release

SES S.A. announces financial results for the year ended 31 December 2020. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210224006241/en/ SES S.A.: Full Year 2020 Results Third successive year delivering EBITDA outlook despite challenging COVID-19 environment in 2020 Growth engine Networks revenue +5% YOY(1,2), or +27% since 2017, and Video revenue of €1,108 million in line with expectations Adjusted EBITDA(3) of €1,152 million delivered within pre-COVID-19 financial outlook and at high end of mid-year outlook Strong net cash generated from operations of €1,049 million representing 97% of reported EBITDA Commitment to disciplined financial policy and shareholder returns Solid cash flow generation driving €505 million YOY debt reduction and lowest leverage ratio(4) (of 2.97 times) over the past 5 years Proposed 2020 dividend of €0.40 per A-share consistent with commitment to maintain a minimum base dividend of €0.40 On track

SES Extends Long-Term Partnership With Sky25.2.2021 07:00:00 CETPress release

Sky UK has extended its contract with SES for satellite capacity in a new agreement that will add over EUR 90 million in secured backlog. This renewal is in addition to capacity already under contract that extends through 2027. By the end of the renewed contract, Sky UK will have been an SES customer continuously for almost four decades, illustrating the strength and value of the partnership to Sky UK’s business in terms of the reliability, performance, high-quality viewing experience and the reach of SES’s satellite services. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210224006139/en/ SES Extends Long-Term Partnership With Sky (Photo: Business Wire) As part of the contract, SES will deliver Sky UK’s channels in a mix of standard definition (SD), high definition (HD) and ultra-high definition (UHD) from the 28.2/28.5 degrees East orbital slots to the operator’s subscribers across the United Kingdom and Republic of Irelan

ADVA announces record Q4 2020 results and reports full year 2020 figures25.2.2021 07:00:00 CETPress release

ADVA (ISIN: DE0005103006), a leading provider of open networking solutions for the delivery of cloud and mobile services, reported financial results for Q4 2020 and full year 2020 ended on December 31, 2020. The results have been prepared in accordance with International Financial Reporting Standards (IFRS). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210224005994/en/ Brian Protiva, CEO, ADVA (Photo: Business Wire) Q4 2020 financial summary1 (in thousands of EUR) Q4 Q4 Change Q3 Change 2020 2019 2020 Revenues 140,572 151,135 -7.0% 146,676 -4.2% Pro forma gross profit 54,641 54,633 0.0% 51,930 5.2% in % of revenues 38.9% 36.1% 2.8pp 35.4% 3.5pp Pro forma operating income 14,343 10,333 38.8% 11,053 29.8% in % of revenues 10.2% 6.8% 3.4pp 7.5% 2.7pp Operating income (loss) 13,085 5,438 140.6% 9,768 34.0% Net income 13,249 2,522 425.3% 6,671 98.6% (in thousands of EUR) Dec. 31 Dec. 31 Change Sep. 30 Change 2020 2019 2020 Cash

Protembis Announces Completion of 20 Cases in European CE Mark Study With the ProtEmbo ® Cerebral Protection System25.2.2021 06:15:00 CETPress release

Protembis GmbH, a privately held emerging medical device company, announced today the successful completion of 20 clinical cases in its European regulatory study of the ProtEmbo® Cerebral Protection System. The ProtEmbo® System is an intra-aortic filter device that deflects embolic material away from the brain during transcatheter aortic valve replacement (TAVR). The device is a low profile system which is delivered through the left radial artery, an ideal access site enabling physicians to avoid interference with TAVR equipment, typically delivered through the left femoral artery. Nikos Werner, M.D., Professor of Medicine, Head of Cardiology at the Heart Center Trier, Germany, and Principal Investigator in Germany commented: “Embolic protection in TAVR procedures has been shown to be effective in reducing the ischemic burden in the brain, but physicians look forward to next generation devices that are easy to use, cover all three potential access arteries to the brain, and can be simp

Wipro Marks 25 Years of Partnership With Cisco; Launches Cisco Business Unit25.2.2021 06:00:00 CETPress release

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting, and business process services company, is celebrating the 25th anniversary of its business partnership with Cisco (NASDAQ: CSCO), the worldwide leader in technology that powers the Internet. To commemorate this milestone, Wipro is launching the Cisco Business Unit that will focus on the development and adoption of end-to-end digital transformation solutions leveraging Cisco technologies for customers. This strategic initiative demonstrates Wipro’s commitment to its business relationship with Cisco. Also, it is a growth accelerator for the successful and well-established 360-degree partnership of several years. Over the course of 25 years, Wipro has focused on delivering its transformative service capabilities across Digital, Cloud, Security, and Engineering, which are aligned with Cisco’s operational priorities. Wipro and Cisco co-develop communications, infrastructure, and security

Kioxia Commences Construction of New Fabrication Facility at Yokkaichi Plant to Support Sixth-Generation 3D Flash Memory Production25.2.2021 05:00:00 CETPress release

Kioxia Corporation, the world leader in memory solutions, today held a groundbreaking ceremony for its state-of-the-art semiconductor fabrication facility (Fab7) at Yokkaichi Plant in Mie Prefecture, Japan. The facility will be one of the most advanced manufacturing operations in the world, dedicated to production of its proprietary 3D flash memory BiCS FLASHTM. The first phase of construction is scheduled to be completed by the spring of 2022. Construction of the new facility will be divided into two phases to allow for continued production and shipment of cutting-edge flash memory products to meet ongoing market demand. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210224006230/en/ Artist's impression of Fab 7, Yokkaichi Plant (Graphic: Business Wire) The Fab7 facility will have an earthquake absorbing structure and an environmentally friendly design that includes the latest energy saving manufacturing equipment. Located

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom