One of the UK’s first stock exchange-listed energy storage funds has entered into agreements to acquire a 160MW portfolio of battery storage projects in Northern Ireland and the Irish Republic.
Residents of Ballyferriter village on the Dingle Peninsula in County Kerry are to join the project this month with the installation of domestic energy storage units in 20 homes.
Ben Hill is widely known in the solar and energy storage industries as the former Trina Solar executive who drove the Chinese company towards a leading position in the European market in the days of the large-scale boom before leaving to become Tesla’s VP for Europe, Africa and the Middle East. UK start-up Solo Energy is among a number of companies he is now working with closely as an advisor.
Ireland’s DS3 flexibility market will deploy the fastest-reacting batteries in the world under an opportunity dubbed “Enhanced Frequency Response on steroids” by energy expert Felicity Jones, partner for energy storage and flexibility at UK-based consultancy Everoze.
Up to 140MW of capacity will be procured under the first ever tender for Ireland’s new frequency response and balancing programme, with projects to go live by September 2021.
Over 370MW of energy storage projects, along with 1.25GW of solar, have been successfully moved into the ‘first batch’ of projects to be processed under a new connections procedure, brought in to tackle the surging levels of smaller projects aiming to connect.
Homeowners in Ireland can now access grants worth hundreds of euros to fund the installation of solar and energy storage systems as the government launches its first micro-generation scheme for the technology.
Irish state utility ESB has confirmed its entry into the UK grid-scale energy storage market with the purchase of a 7MWh facility from developer Anesco.
A glass packaging facility in Scotland is getting a 2MW Tesla battery on a ‘no-money-down’ deal after Irish state-owned utility ESB agreed to take on the risk for raising commercial revenues from the asset.
A partnership between a local developer and South Korea’s Hanwha Group could bring two 100MW battery energy storage projects to the Midlands of Ireland, the developer, Lumcloon Energy, has confirmed.