This version of reports in short from all over the world in power storage comes from our UK colleagues at Photo voltaic Energy Portal.
Fotowatio Renewable Ventures closes financing on 133MW/266MWh BESS portfolio
Renewable growth firm Fotowatio Renewable Ventures (FRV) has accomplished the monetary shut of a UK-based battery power storage system (BESS) portfolio with a mixed capability of 133MW/266MWh.
The transaction closed on 23 December with FRV having secured the portfolio through £61 million (US$75.29 million). The 2 BESS initiatives are located in Contego and Clay Tye, West Sussex and Essex respectively. The transaction was carried out by Natixis CIB.
With an output of 99MW, Clay Tye has a capability of 198MWh, and utilises 52 Tesla Megapack lithium-ion batteries.
The Contego venture makes use of 28 Tesla Megapack batteries and has an output of 34MW and a capability of 68MWh. In whole, FRV already has a pipeline of greater than 5GW of battery storage initiatives underneath growth within the UK, it mentioned.
The transaction is recognised as a significant milestone for the corporate with the 2 initiatives recognized because the “largest venture finance executed on two extremely service provider battery (c.90%) initiatives in Europe so far”, the agency mentioned.
To learn the total model of this story, go to Solar Power Portal.
SSE Power Options acquires three photo voltaic PV crops with battery storage choices
SSE Power Options has confirmed the acquisition of three photo voltaic websites in Nottinghamshire, England, from PV developer Gridmove.
The three photo voltaic initiatives will probably be positioned inside Nottinghamshire’s largest district – Newark and Sherwood – at Foxholes, Knapthorpe and Muskham. These are presently being processed through a proper planning utility.
SSE will discover the creation of battery power storage in a close-by space Staythorpe. In doing so, the surplus power may very well be captured inside the battery asset and thus present a versatile answer to the grid.
Moreover, using co-location through the battery and photo voltaic initiatives, may present “significant cost savings” by sharing one grid connection, a report by Cornwall Perception and nationwide legislation agency Weightmans declared.
“We’re presently searching for planning approval for the three photo voltaic websites, and we’re working with stakeholders to make sure issues are addressed. We goal to shortly submit the planning utility for the Staythorpe battery storage venture which is a expertise that brings flexibility to the Grid, enabling us to completely harness the ability of renewable technology,” mentioned Richard Cave-Bigley, SSE Photo voltaic and Battery director.
On the time of writing, SSE declared its has secured a 700MW pipeline of renewable initiatives declared with an additional 1GW of websites presently underneath evaluation.
To learn the total model of this story, go to Solar Power Portal.
TagEnergy closes financing on 100MWh BESS venture
TagEnergy has confirmed it has reached monetary shut on its fourth UK battery power storage (BESS) facility with a capability of 49.9MW/100MWh in Fife, Scotland.
TagEnergy confirmed it had attained monetary shut, whereas retaining 100% fairness within the venture dubbed Roaring Hill, after receiving funding from Santander UK. The renewable developer acquired the project from RES in September 2021.
The venture – which consists of 18 battery enclosures – was consented in two phases by Fife Council. It’s to supply grid stabilisation and ancillary grid providers, supporting the community by balancing provide and demand.
The ability will use a system of Tesla Megapack lithium-ion batteries, along with Tesla’s Autobidder AI software program for real-time buying and selling and management.
This isn’t the primary time Santander has supplied monetary help to TagEnergy in a bid to allow the creation of BESS initiatives within the UK. Earlier this month, Santander supplied monetary help to help development of a 49MW/98MWh standalone BESS project in Abernethy, Scotland.
TagEnergy is additional anticipated to develop a portfolio of BESS initiatives having established a partnership with Balance Power to construct, personal and function 500MW of BESS throughout the UK. Operating alongside this partnership, the 2 companies confirmed an goal to take a position over £300 million with the intention to assemble the initiatives over a interval of 4 years.
To learn the total model of this story, go to Solar Power Portal.
Power-Storage.information’ writer Photo voltaic Media will host the 8th annual Energy Storage Summit EU in London, 22-23 February 2023. This 12 months it’s transferring to a bigger venue, bringing collectively Europe’s main traders, policymakers, builders, utilities, power consumers and repair suppliers multi functional place. Go to the official website for more info.
