The UK-based renewable energy developer (RES) is selling two Scottish energy storage battery (BESS) projects with a combined capacity of 100 MW/200 MWh to Field, the national energy storage system development. The transaction involves the Holmston and Drum Farm locations in Ayr, South Ayrshire, and Keith, Moray. According to Field’s statement published today, a total of 410 MWh is either under construction or near completion.
Field currently owns over 4.5 GWh of projects in development or exclusive partnerships. The company launched its first 20 MWh battery in Oldham, Greater Manchester in 2022.
In mid-2023, the London-based company secured £200 million ($254.5 million/€233.7 million) from Dutch fund manager DIF Capital Partners to support the development of large-scale energy storage projects across the UK and Western Europe.
Join our free Renewable Now newsletter and choose your subscription!
Key Questions About the Sale of Two Scottish Energy Storage Battery (BESS) Projects with a Capacity of 100 MW/200 MWh to Field:
1. What are the projects being sold?
A: The energy storage battery (BESS) projects with a capacity of 100 MW/200 MWh are located in Holmston and Drum Farm in Scotland.
2. Who is the seller of these projects?
A: The seller of the projects is the UK-based renewable energy developer (RES).
3. What is the significance of the transaction for Field?
A: This transaction helps Field in the development of energy storage systems in the country.
4. How many other projects does Field have under construction or in the planning phase?
A: Field has a total of 410 MWh of projects either under construction or near completion.
5. What projects does Field have in the development phase?
A: Field owns over 4.5 GWh of projects in development or exclusive partnerships.
6. When did Field launch its first battery?
A: Field launched its first 20 MWh battery in Oldham, Greater Manchester in 2022.
7. Who supports the development of large-scale energy storage projects?
A: Field secured £200 million ($254.5 million/€233.7 million) from Dutch fund manager DIF Capital Partners to support the development of large-scale energy storage projects in the UK and Western Europe.
8. How can one subscribe to the Renewable Now newsletter?
A: One can subscribe to the Renewable Now newsletter by joining for free and selecting the appropriate subscription.
Important Definitions:
– Developer (RES): A renewable energy developer.
– Battery Energy Storage System (BESS): An energy storage project that utilizes batteries to store electrical energy.
– MWh: Megawatt-hour, a unit used to measure the amount of energy.
– GWh: Gigawatt-hour, a unit used to measure the amount of energy.
Suggested Related Links:
– Renewable Now: Link to the main Renewable Now domain.
The source of the article is from the blog newyorkpostgazette.com