Funded by a USTDA grant, ESS hired K&M to assist with a feasibility study, including a pilot project, for battery storage in Brazil. The feasibility study will assess the economic, technical, and regulatory impact of adding long-duration storage to a solar photovoltaic (PV) system in a Virtual Net Metering Structure. The feasibility study contains two focal points:
1. Planning and executing a small representative pilot project to provide the necessary validation of the energy-shifting business model using the ESS Iron Flow Battery and solar PV to ascertain the viability of a large PV + storage project planned for multiple customers.
2. Developing the technical and economic plan to prove the feasibility and viability of deploying multiple distributed generation (DG) projects ranging in size from 3 to 5 MW of PV and 8 to 10 MWh of energy storage.
K&M’s scope includes: estimating the pilot project costs; conceptual design for PV and battery system; technical, economic, and financial modeling and analysis; project site resource analysis and preparation; analyzing project financing options; and identifying US sources of supply.