United Kingdom Procurement News Notice - 54531


Procurement News Notice

PNN 54531
Work Detail 1000MWh Coalburn 1 asset will be delivered in partnership with Alcemi Copenhagen Infrastructure Partners (CIP) has taken final investment decision and commenced construction on a 500MW energy storage system in Coalburn, Scotland. The 1000 megawatt hour (MWh) facility is the first project to be developed by the partnership between CIP and Alcemi to deploy 4GW of energy storage assets across the UK. CIP aims to take final investment decision on two other projects next year with a combined capacity above 1GW. The Coalburn 1 facility has been developed with landscaping and ecological mitigation measures, including the maintenance of peat reserves, tree and wildflower planting and new habitats, promoting biodiversity across the site. "Achieving Final Investment Decision on one of the largest battery projects in Europe is a significant milestone for CIP. “It demonstrates CIP’s industrial approach in identifying a market need and delivering a large-scale project with a robust contractual framework with high quality partners and counterparties. “The integration of renewable energy into the energy system requires significant investment into storage solutions and we have a significant pipeline of storage projects across the world which we hope to build in the years ahead," said Nischal Agarwal, partner at CIP. Canadian Solar’s e-STORAGE will deliver its proprietary energy storage solution, SolBank, while H&MV Engineering will undertake the balance of plant works. SSE Energy Markets will provide the optimisation services for the project.
Country United Kingdom , Northern Europe
Industry Energy & Power
Entry Date 06 Dec 2023
Source https://renews.biz/89934/cip-takes-fid-on-500mw-scottish-battery/

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