Field gets ILI Group's 50MW Auchteraw battery storage project
- Field has actually acquired its third battery energy storage possession, handling the ILI Group's 50MW Auchteraw battery energy storage project.
Located near Fort Augustus in the Highlands, the acquisition complies with that of Field Oldham (20MW) as well as Field Gerrards Cross (20MW) earlier this year.
The company-- initially called Virmati Energy-- has a pipe of a more 270MW of battery storage project under exclusivity, along with plans for 1.3 GW of operational ability by 2024.
Amit Gudka, founder of Field, stated it was amazing to be growing the business's pipe of battery storage sites.
" We're identified to keep scooting, collaborating with companies like ILI Group to fund, build as well as run the sustainable facilities we need to reach web absolutely no. Dealing with the climate crisis requires the belief that huge systemic adjustments can be made, and also I'm confident that our continuous progress will certainly assist confirm to the globe that there's a much better means to spend - now, during COP26, and past."
Auchteraw is the current in a string of property sales by ILI Group, with five battery storage handle the past year. This consists of the sale of its 50MW Fordtown battery storage project in Kintore, Aberdeeshire in October, as well as the sale of its 50MW utility-scale battery project in Fife, Scotland in March.
These bargains have actually taken the business's total amount of financed projects to 250MW, with a more 750MW being gotten ready for market over 2021-22. Overall, the business is seeking to develop 3GW of battery storage projects in the UK, together with 2GW of pumped hydro storage.
Mark Wilson, ILI Group, CEO, stated: "It is fitting that this statement comes at the start of COP26 as energy storage projects such as this are crucial in the energy change to internet zero. Energy storage is the in some cases neglected part to reliance on renewable energy, without it the electrical power network would certainly come to be unsteady and would remain to hinge on nonrenewable fuel sources."
Solar Power Portal overtook Gudka in April to review Field's energy storage pipeline as well as the following steps for the business.