Slovenské elektrárne purchased 3,24 MWh of brAIn battery storage systems

As you might know, a joint project with the energy supplier Slovenské elektrárne – energetické služby is already behind us, so to speak. The installation of a brAIn battery storage together with a rooftop solar panel system in Humenné has been a big success and since its launch, has been reaching excellent results. Through this installation, the energy supplier has witnessed first-hand the effectiveness of our technology, which led to the decision to invest on a larger scale.

  • Published: 10. 03. 2022
  • Written by: Fuergy

The purchased volume won't be installed as one mega-storage system, but rather the total capacity of 3.24 MWh will be split into several smaller battery storage systems. These will be gradually installed at unregulated customers of Slovenské elektrárne who have expressed an interest in leasing the battery storage, and also eventually also solar panels, through the Energy as a Service offer. Just as in Humenné, the brAIn battery storage systems will be responsible for optimizing customers’ electricity consumption and production, as well as regulating fluctuations in the power grid.

Considering that to date, FUERGY has installed two large-capacity and several smaller storage facilities with a total capacity of approximately 1.6 MWh, this is indeed a major investment. In fact, FUERGY is the sole private company in Slovakia that has managed to successfully connect high-capacity smart battery storages to the grid and operate them with attractive returns.

A green business opportunity for electricity suppliers

With rising energy prices and pressure to reduce carbon footprints, the demand from companies for green energy solutions keeps growing. As our CEO, Radoslav Štompf said in the article for, one of the most frequent barriers to installing green technologies is their high purchase price.

This issue can be easily solved by financing the technologies through a third party, as in this case by the supplier Slovenské elektrárne – energetické služby under the Energy as a Service model. In practice, this means that the supplier buys the green technologies, FUERGY takes care of the installation and management of all connected technologies, and the customer does not need to worry about anything else. He pays only a monthly fee for the use of solar panels and receives a financial reward for the placement of the battery storage within his premises. Overall, his electricity costs are lower.

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Smart management with benefits for everyone

Managing energy storage and solar panels according to not only the needs of the customer, but also according to the needs of the power grid and the electricity supplier's trading system brings a number of benefits, including significant cost savings. The financial effect is seen at the level of energy supply, gradually repaying the upfront investment. From the perspective of the investor, this represents a new way of investment in sustainable technologies. From the perspective of Slovenské elektrárne – energetické služby, the energy supplier is able to offer innovative products and services that bring immediate positive cash flow.

There is a high demand for leased green technologies. Customers simply want to be relieved of all the costs and worries associated with their purchase and management. Such demand will soon be reflected on a national scale in the form of a higher share of renewable energy sources in Slovakia's energy mix.

However, the transition to green energy is nearly impossible without the implementation of energy storage technologies. The fact that energy storage will become the new standard in the energy market is underlined by the initiative of the Slovak Ministry of Economy, which wants to reach up to 68 MW of storage capacity by 2026.

We at FUERGY are ready to deliver these technologies and lay the foundations for modern energy. With strong partners like Slovenské elektrárne – energetické služby, we can implement this change faster and to a larger extent. Stay updated on our progress! Follow us on our social media or subscribe to our newsletter.

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