UK investment manager Downing contracts Hyosung Heavy Industries for 50MW battery storage project

LinkedIn
Twitter
Reddit
Facebook
Email
Downing’s only battery project to date was a 3MW Tesla Powerpack industrial system installed at the stadium of London soccer club, Arsenal. Image: Pivot Power.

UK investment management group Downing LLP has announced its first utility-scale battery storage site in the country, a 50MW/53MWh project in Nursling, Southampton on England's southern coast.

The group, which invests in diverse assets with a claimed focus on social and sustainable investing including the renewable energy sector, has selected its co-funding partner as well as having entered into agreements for the supply of the storage solution, the optimisation of the asset and the route to market and trading arrangements.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • 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

Grid connection work is already largely complete at the site, which is managed by UK-based construction company Arun Construction Services. It will work as the principal contractor through the installation of the asset, which is expected to connect to the grid and begin operation in August 2021.

The battery storage solution will be provided by South Korean supplier Hyosung Heavy Industries corporation in what will be its first transmission-connected battery project in the UK.

Downing’s Nursling project will be connected to National Grid’s transmission system directly, as well as the company targeting a private wire network and utility-scale electric vehicle charging super hub in the second phase of the project.

Following a tendering process, EDF has been selected to optimise the project, providing a route-to-market and acting as trading partner as part of a seven-year contract.

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

Our publisher Solar Media is hosting the Energy Storage Summit 2021 in an exciting new format on 23-24 February and again on 2-3 March. See the website for more details

Read Next

May 20, 2025
Battery storage developers and owner-operators Eku, Alcemi, Field and Energy Optimisation Solutions (EOS) make UK project progress with finance and planning approvals.
May 16, 2025
Developer Elgin Energy has secured grid connection approval from AEMO for a 150MW solar-plus-storage site in Victoria.
May 14, 2025
The Mobility House will provide its aggregation and trading software to Electrohold, the energy trading arm of IPP and T&D network owner Eurohold Bulgaria, to optimise a 2.5GWh portfolio of BESS projects.
May 13, 2025
Intensifying competition and unpredictable market conditions in the BESS sector increase the need for robust forecasting and optimisation strategies.
May 12, 2025
The Q2 2025 edition of our downstream solar PV journal, PV Tech Power, is now available to download for subscribers of ESN Premium.

Most Popular

Email Newsletter