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Wednesday 6 November 2019

EDF BUY PIVOT POWER


French company EDF has acquired Pivot Power, the UK start-up bidding to build a network of 50MW batteries to provide grid services and high speed electric vehicle charging.

The firm announced plans to develop up to 2GW connected directly to the transmission system last year, which would require investment of up to £1.6bn.

To date, Pivot has planning, land and grid connection agreements in place at two sites in Kent and Oxford, where it is involved in the ‘superhub’ project. Last year it also announced planning permission for a big battery near Southampton - Link - more like this (Superhub Oxford) - link - more like this (EDF) - link

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