GIG, Bluestone eye 2GW UK battery opportunity

• Projects representing 970MW in the pipe have actually currently secured grid connection offers

Green Investment Group (GIG) as well as Bluestone Energy have become part of a joint development contract (JDA) to create as much as 2GW of UK battery storage projects.

GIG said projects representing 970MW are already in onset growth having actually secured grid connection provides, with the pipeline "continuing to grow continuously".

Last year, GIG revealed the purchase of a portfolio of 187MW development-stage utility-scale, distribution-connected battery storage projects in the UK from Capbal Limited.

A 40 MW project in Maldon is the first project within the portfolio to get to financial close in December 2021.

Bluestone is a renewable resource designer focused on decarbonisation and sustainability.

It has a record of establishing utility scale solar, wind as well as battery storage project for a range of players in the sector.

GIG energy technology worldwide head Greg Callman stated: "Bluestone's significant proficiency and GIG's global experience produce a solid partnership that can drive ahead the UK's storage market.

" Energy storage clearly plays an essential role in the energy shift.

" This collaboration leverages our mutual experience as well as expands Macquarie's worldwide portfolio in this important market."