European renewables developer and operator Low Carbon has reached financial close on a solar and storage portfolio in the UK, which includes 95MW of co-located 2-hour battery energy storage systems (BESS).
The portfolio, which is set to enter construction in early 2024, will be delivered by international EPC contractor Equans, though its subsidiary Bouygues Energies and Services, and Elmya. Trina Storage will provide the battery energy storage systems (BESS) for the portfolio.
Low Carbon confirmed that 290MW of the portfolio will specifically be solar power. Thus, 95MW of the capacity will consist of co-located two-hour duration BESS, Steve Mack, chief investment officer at Low Carbon highlighted.
Mack stated that the team is “particularly excited” to begin constructing the co-located BESS highlighting that it is a “key enabling technology that will help accelerate the transition”.
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He added: “The deployment of storage alongside our solar assets is an efficient use of limited grid capacity and will support the UK’s efforts to tackle climate change.”
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