Octopus Energy Generation and ZE Energy have issued a joint announcement regarding one of Italy's largest battery projects. The energy firm and ZE Energy are set to partner in investing in Italian energy storage.
Campania Battery Project Details
The Campania battery, developed by ZE Energy, will store surplus wind and solar energy, enough to power around 130,000 homes a day once operational in 2028. The battery will store excess green power when the sun is shining and wind is blowing, and send it back to the grid when homes and businesses need it. The site is in the final stages of development, with construction due to start this summer.
It is expected to be operational by 2028. Once switched on, it will become the largest standalone battery in south-central Italy. The battery will be able to store enough electricity to meet the daily needs of around 130,000 Italian homes.
With a powerful 98.5 MW / 895 MWh capacity, it will connect to a substation serving several power producers, creating a local energy hub to keep clean electricity flowing smoothly in the grid.
Industry Leaders Comment
Alex Brierley, Co-head of Octopus Energy Generation's fund management team, said: "Wind and solar are the cheapest form of energy, but too often this clean, cheap energy goes to waste. Batteries fix that. They soak up every spare electron and release them when needed, cutting waste and bringing bills down for people. That's why this project is so important for Italy."
Nicolas Wolff, CEO of ZE Energy, said: "With its ambition of reaching 10 GW of battery capacity and 80 GW of solar PV by 2030, Italy is a key country in our 2030 strategic plan. Our conviction is simple: solar will only be able to scale up if it is combined with storage solutions capable of better integrating it into the grid, making it more dispatchable and improving its value. This partnership with Octopus Energy Generation is a tremendous accelerator that will help us reach our target of 1.5 GW of installed capacity by 2030."
