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

February 24, 2021
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.

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.

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

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

October 30, 2025
Despite a slowdown in electric vehicle (EV) sales in the US, LG Energy Solution (LG ES) experienced a quarterly rise in profits, driven in part by increasing demand for energy storage.  
October 29, 2025
IPPs Greenvolt and European Energy have finalised financial deals for solar-plus-storage projects in Denmark and Latvia, while Olana and Energix have enlisted optimisers for BESS projects in Lithuania and Poland, respectively.
Premium
October 27, 2025
RedEarth’s Marc Sheldon admits that the company decided to push back the launch of Australia’s first locally manufactured V2G charger.
October 24, 2025
Peregrine Energy Solutions has secured US$130 million from investors including the South Korean Ministry of Environment.
October 21, 2025
Leading energy storage technology companies, developers, operators and outstanding individuals are featured on the shortlists for this year’s Energy Storage Awards (ESAs).

Most Popular

Email Newsletter