United Kingdom Procurement News Notice - 57750


Procurement News Notice

PNN 57750
Work Detail Field has acquired the Holmston and Drum Farm projects RES has sold two energy storage projects in Scotland totalling 100MW to renewable energy infrastructure company Field. Located in Ayr (South Ayrshire) and Keith (Moray) respectively, Holmston and Drum Farm have a combined capacity of 100MW/200MWh. Once operational, both sites will contribute a range of services to the grid, including balancing electricity supply and demand across the network. The transaction adds 200MWh to the 210MWh of battery sites Field plans to be bring online in the next couple of years. Fields head of corporate development Katie Marsh said: “We are delighted to have worked with RES and to add Field Holmston and Field Drum Farm to a healthy pipeline of renewable infrastructure projects. “With vital grid reforms picking up pace, we will start to see more storage projects connected to the network to support the transition to a net zero electricity system.” Development director of energy storage, UK&I at RES Rebecca Meek said: “To ensure consumers get the maximum benefit from the low-cost renewable energy being generated in the UK we need to deploy energy storage capacity, at pace, across our country. Holmston and Drum Farm are great examples of the dynamic energy sector we’re creating together to support our economy and the environment. “We are pleased to partner with Field for the first time, a company who share this vision, and look forward to seeing these projects operating for the benefit of consumers in the near future.” Field’s first battery storage site, in Oldham (20MWh), commenced operation in 2022. The company plans to bring a further 410MWh of battery sites online over the next two years, now including this acquisition, and has over 4.5GWh of projects in development or in exclusivity with partners.
Country United Kingdom , Northern Europe
Industry Energy & Power
Entry Date 23 Jan 2024
Source https://renews.biz/90750/res-offloads-100mw-scottish-storage-pair/

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