20.02.2018 – 10:46

Leclanché SA

EQS-Adhoc: Leclanché SA:ENEL, ENERTRAG AND LECLANCHÉ TEAM UP TO BUILD STORAGE PLANT IN GERMANY

EQS Group-Ad-hoc: 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,"saidAntonio 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",saidAnil 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.

ENERTRAGgenerates 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.

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

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End of ad hoc announcement------------------------------------------------------

Language: English

Company:  Leclanché SA

          Av. des Sports 42

          1400 Yverdon-les-Bains

          Switzerland

Phone:    +41 (24) 424 65-00

Fax:      +41 (24) 424 65-20

E-mail:    investors@leclanche.com

Internet: www.leclanche.com

ISIN:     CH0110303119, CH0016271550

Valor:    A1CUUB, 812950

Listed:   SIX Swiss Exchange



 

End of Announcement EQS Group News Service

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655781  20-Feb-2018 CET/CEST