Another 52MW of energy storage to come on stream.
Projects of this sort, already economically viable due to the location and lack of interconnections, are fantastic for the long term of the industry. They prove what is possible, provide excellent reference sites, and of course help drive down future costs through economies of scale, and the lessons learned in design, construction and O&M.
I expect we'll hear more in the coming days from the successful manufacturers and EPC's
The minister for Environment, Energy and the Sea, Ségolène Royal, named the 33 winners with a total volume of 52MW, who also may benefit from feed-in tariffs (FiTs) at a weighted electricity price of €204/MWh (US$229.77/MWh) – which a ministry statement said "is competitive with full costs production in non-interconnected zones". The projects are to be spread across the island territories of Corsica, Guadeloupe, Guyana and Martinique and La Réunion. According to ministry forecasts, successful projects are expected to generate €140 million (US$157.68 million) in investment and produce 70GWh of clean electricity each year.