Leclanché SA:ENEL, ENERTRAG AND LECLANCHÉ TEAM UP TO BUILD STORAGE PLANT IN GERMANY Dienstag, 20. Februar 2018 - 10:39

Leclanché SA / Key word(s): Development of Sales/Contract
Leclanché SA:ENEL, ENERTRAG AND LECLANCHÉ TEAM UP TO BUILD STORAGE PLANT IN
GERMANY

20-Feb-2018 / 10:38 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.

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ENEL, ENERTRAG AND LECLANCHÉ TEAM UP TO BUILD STORAGE PLANT IN GERMANY

- The 22 MW Cremzow facility will be Enel's first storage plant in Germany
and will provide grid stabilisation services through primary frequency
regulation

- The project is jointly developed by Enel's German renewable subsidiary
Enel Green Power Germany and wind energy company ENERTRAG, in collaboration
with Leclanché as EPC contractor

- The investment planned for the construction of the new plant is approx. 17
million euros; the first 2 MW section of the facility is expected to be
operational in April 2018, with the entire plant planned to come online by
the end of the year

Rome/Berlin, February 20th, 2018 - Enel, through its renewables subsidiary
Enel Green Power Germany (EGP Germany), has signed an agreement with German
wind energy company ENERTRAG AG and Swiss energy storage solutions company
Leclanché SA to build and manage a 22 MW lithium-ion battery storage plant
in Cremzow, in the German state of Brandenburg. The project is Enel's first
storage plant in Germany and its construction will involve an investment of
around 17 million euros.

The storage plant will provide frequency regulation services to Germany's
Primary Control Reserve (PCR) market to rapidly stabilise the grid, and will
later be integrated with ENERTRAG wind farms. The first 2 MW section of the
Cremzow plant is expected to be operational in April 2018, while the launch
of the entire plant is planned for the end of this year.

"The project in Cremzow is an important milestone for us because, after the
success of similar projects in Italy and Chile, it will further demonstrate
how beneficial storage is for energy systems, in particular when coupled
with renewables," said Antonio Cammisecra, Head of Enel's Global Renewable
Energies division, Enel Green Power (EGP). "Storage is increasingly becoming
a key tool in ensuring grid stability and is also a pathway towards the
widespread adoption of renewables worldwide, facilitating their integration
into power grids."

Joerg Mueller, Head of ENERTRAG-Board said "commercial batteries and their
ability to provide balancing power will be one of the key enablers for the
next phase of the energy transition towards renewables. The Cremzow project
will play an essential role in safely phasing-out lignite in the state of
Brandenburg. As a next step, the Cremzow battery will address the proof of
black start capabilities of ENERTRAGs renewable regional power plant in the
Uckermark area."

"We are delighted to have been chosen by Enel Green Power and ENERTRAG to
develop and deliver this large pioneering energy storage project in
Germany", said Anil Srivastava, CEO of Leclanché. "Battery energy storage
systems have a very significant role to play in stabilising grids as the
world transitions to greater use of variable renewable energy sources. They
also help reduce the huge waste of renewable energy that is curtailed when
grids are at capacity."

The facility will be owned by a special purpose vehicle (SPV) in which EGP
Germany has a 90% majority stake and ENERTRAG the remaining 10% stake.
Leclanché will act as engineering, procurement and construction (EPC)
contractor for the project, in charge of integrating battery and power
conversion systems and energy management software.

The project will provide the grid with a real-time primary frequency
regulation service contributing to its stability. When the grid's frequency
decreases due to high power demand, the battery will rapidly deliver its
stored energy, while in response to frequency increases due to low demand,
the battery is charged with the surplus energy. Furthermore, the integration
with ENERTRAG wind farms will allow for the use of surplus energy produced
by the facilities to charge the battery, cutting back on the need to curtail
wind power generation when it is higher than demand on the grid.

The German PCR market has evolved greatly in recent years with the early
2017 auction of approximately 600 MW of PCR attracting bidders from Austria,
Belgium, France, Netherlands and Switzerland, whereby confirming the
market's cross-border appeal. The introduction of battery storage systems is
an important development in the German PCR market: in 2017, BESS (Battery
Energy Storage Systems) provided about 200 MW of PCR, equal to about 31% of
the market.


Enel Green Power, the Renewable Energies division of Enel Group, is
dedicated to the development and operation of renewables across the world,
with a presence in Europe, the Americas, Asia, Africa and Oceania. Enel
Green Power is a global leader in the green energy sector with a managed
capacity of around 40 GW across a generation mix that includes wind, solar,
geothermal, biomass and hydropower, and is at the forefront of integrating
innovative technologies into renewable power plants.

ENERTRAG generates electricity and heat exclusively from renewable sources
and is among Europe's largest wind energy suppliers. With more than 667 wind
turbines, ENERTRAG produces approximately 2.9 billion kilowatt hours of
electricity annually - enough to meet the demands of one million people.
ENERTRAG services wind turbines and delivers customer solutions across the
entire value chain from concept to power delivery.

Leclanché is one of the world's leading fully vertically integrated energy
storage solution providers. It delivers a wide range of energy storage
solutions for homes, small offices, large industries, electricity grids, as
well as hybridisation for mass transport systems such as bus fleets and
ferries. Leclanché today has a rich portfolio of Battery Energy Storage
Systems (BESS) that include bespoke battery systems from industry leading
lithium-ion solutions. Leclanché is listed on the Swiss stock exchange, and
is the only listed pure-play energy storage company in the world.

Enel Media Relations ENERTRAG Media contacts Leclanché Media contacts

T +39 06 8305 5699 Robert Döring Europe/Global:
F +39 06 8305 3771 T +49 39854 6459-368 Désirée Maghoo
ufficiostampa@enel.com M +49 172 3920762 T: +44 (0) 7775 522740
robert.doering@enertrag.com E-mail: dmaghoo@questorconsulting.com
enel.com www.enertrag.com Simon Barker
T: +44 (0)7866 314331
E-mail: sbarker@questorconsulting.com
www.leclanche.com


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