Macquarie’s Eku Energy kicks off 130MWh UK battery storage projects

By George Heynes
LinkedIn
Twitter
Reddit
Facebook
Email

Global energy storage developer Eku Energy has started constructing two UK battery energy storage systems (BESS), totalling 130MWh of capacity.

The two BESS, situated in Basildon, Essex, and Loudwater, Buckinghamshire, will utilise NHOA Energy’s, a developer of turn-key energy storage systems, battery technology marking the company’s entry into the UK market. Eku Energy is a BESS development platform launched in late 2022 by Australian financial services company Macquarie Asset Management’s Green Investment Group (GIG).

The energy storage division of New HOrizons Ahead (NHOA), which also has business lines for e-mobility and electric vehicle (EV) fast charging infrastructure, recorded a 384% growth in online BESS capacity at the end of Q3 2022 to the end of Q3 2023, as reported by Energy-Storage.news.

In an announcement made today (19 February), Eku Energy said it anticipates the BESS projects to be operational by the end of 2024. It is worth noting that Eku Energy already has a 40MW/40MWh battery in Maldon, Essex in construction.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

Not ready to commit yet?
  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The individual capacity of the BESS projects or output to the grid in megawatts was not disclosed.

The company now has 4.6GWh in development, construction and operation across the UK, Australia, Italy and Japan to deliver 9GWh by 2028.

Sandra Grauers Nilsson, CEO of Eku Energy said: “Breaking ground at Basildon and Loudwater is a major milestone for Eku Energy as we work to support the UK’s decarbonisation goals and expand our global footprint. We have an ambitious pipeline of battery storage projects which we are developing at pace and scale, and we are delighted to have partnered with NHOA Energy to advance the energy transition.”

To read the full version of this story, visit Solar Power Portal.

11 November 2025
San Diego, USA
The 2024 Summit included innovative new features including a ‘Crash Course in Battery Asset Management’, Ask-Me-Anything formats and debate-style sessions. You can expect to meet and network with all the key industry players again in 2025 from major US asset owners, operators, RTOs and ISOs, optimizers, software and analytics providers, technical consultancies, O&M technology providers and more.
24 February 2026
InterContinental London - The O2, London, UK
This isn’t just another summit – it’s our biggest and most exhilarating Summit yet! Picture this: immersive workshop spaces where ideas come to life, dedicated industry working groups igniting innovation, live podcasts sparking lively discussions, hard-hitting keynotes that will leave you inspired, and an abundance of networking opportunities that will take your connections to new heights!

Read Next

September 18, 2025
Chang Jae Won of the Korea Smart Grid Association believes companies lack a model for recovering their investment in DC energy storage.
September 18, 2025
Hydrostor has secured US$55 million in funding from Export Development Canada (EDC) to advance development activities for its 200MW/1,600MWh Silver City Energy Storage Centre project in Broken Hill, New South Wales, Australia.
September 17, 2025
South Korean battery and electronics materials manufacturer Samsung SDI debuted its new battery energy storage system (BESS) products at the RE+ trade show in Las Vegas, US.
September 17, 2025
Chinese PV module manufacturer Trina Solar has received the green light from the Victoria government in Australia to build a 500MW/1,000MWh battery energy storage system (BESS).
September 17, 2025
Australia’s Capacity Investment Scheme (CIS) has awarded 4.13GW/15.37GWh of battery storage capacity in its third tender round, exceeding initial targets and attracting 135GWh of bids.

Most Popular

Email Newsletter