Electric vehicle (EV) and energy storage technology group NHOA Energy yesterday (19 June) signed an agreement with Norwegian power company Statkraft to supply a battery energy storage system (BESS) for a 113MWh project in Coylton, Scotland.
Formalised with the signing of a Supply and Long-Term Service agreement, the system marks NHOA Energy’s third foray into the battery storage field in the region. The company had already provided systems for two projects currently under construction in the UK for an aggregate capacity of 130MWh.
The two energy storage projects have a commercial operation date targeted for Q4 2024.
Coylton Greener Grid Park will deliver advanced functionalities such as grid-forming to provide synthetic inertia and potentially other system stability services, and enhanced power quality features, helping to stabilise the grid in the area.
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Attached grid-forming inverters will provide stability with these to always stay in ‘grid-forming’ mode, meaning they inherently resist changes in voltage and frequency on the electricity grid.
Commenting on the agreement, Lucie Kanius–Dujardin, executive vice president of global markets of NHOA Energy, stated that BESS will “propel us [NHOA Energy] to the forefront of the energy transition, leveraging the UK’s dynamic market and Statkraft’s expertise”.
Lucy Kent, Statkraft principal project manager, Greener Grid Parks, added that the Coylton Greener Grid Park will “support the increased deployment of renewable energy into the grid and is another investment by Statkraft in the UK’s renewable energy infrastructure”.
NHOA delists from Euronext Paris
Last week (13 June), TCC Group Holdings, the majority owner of NHOA, outlined its intention to increase its holding and take the company private, delisting it from the Euronext Paris exchange.
The company said it intends to file a simplified Tender Offer for NHOA shares at €1.10 (US$1.18) per share and request implementation of a squeeze-out of remaining holdings if legal conditions are met at the offer’s conclusion.
NHOA’s Kanius-Dujardin spoke at the Energy Storage Summit in London in March on a panel about supply chain, while Eku’s Andy Hadland, head of technologies, EMEA, discussed optimising BESS revenues.
Meanwhile, Statkraft Ireland head of grid services Rory Griffin wrote a technical feature article for the most recent edition of our quarterly journal PV Tech Power (Vol.39) about the company’s first 4-hour duration grid-scale BESS project in Ireland, paired with a wind power plant.
Griffin’s piece details the technical and market considerations behind the project’s conception and design, as well as the challenges in scaling up energy storage for Ireland’s grid. You can read Griffin’s full article in PV Tech Power, included with a subscription to Energy-Storage.news Premium, while an extract will be published here on ESN in the coming days.
