Nidec ASI, the Italy-based industrial solutions division of Japanese conglomerate Nidec Group, will provide EPC services for a 50MW battery energy storage system (BESS) project in Northern Ireland.
An announcement first covered by our sister site Solar Power Portal, the project is being developed by SUSI Partners and will provide grid services for grid operators EIRGrid/SONI.
It is Nidec’s second-big project in the UK this year. In March, investor Gore Street Capital selected it as turnkey systems and EPC contractor for two BESS projects in the UK, totalling 129.8MW, which are expected to reach commercial operation in February 2023.
“This new project provides further confirmation of our leadership position in Europe in the battery energy storage sector. This latest order joins other important BESS projects in the pipeline in the European market, particularly in France, Italy and Portugal,” said Dominique Llonch, CEO of Nidec ASI and chairman of Nidec Industrial Solutions, the wider energy and infrastructure division of Nidec Group.
Gore Street, one of the largest investors in the UK BESS sector through its energy storage fund, saw its net income grow 191% and EBITDA surge 704% in the year to 31 March, 2022. Average revenue per MW for its British assets increased 68%. The company has recently internationalised with acquisitions in the US and Germany, a move which Energy-Storage.news recently interviewed founder and CEO Alex O’Cinneide about.
Nidec ASI claims to be among the “top three world leaders” in the BESS solutions market with over 1.6GWh installed across nine markets in Europe and the Maldives. However, research firm IHS Markit ranked it ninth in its ‘Top energy storage system integrators in 2021’ list based on both installed and planned projects.
The company builds its BESS solutions at plants in Milan and Vincenza, Italy.