GRID Achieves 1-GWh BESS Milestone with Project Upgrades

• GRID boosts UK energy storage capacity with successful BESS upgrades, doubling storage duration and adding 100 MWh to each site. Leading the charge towards Net Zero targets.

Gresham House Energy Storage Fund plc (LSE:GRID) has completed the augmentation of two existing battery energy storage systems (BESS) in the UK, increasing the company's operational capacity to over 1 GWh. The upgrades to the Enderby and West Didsbury facilities have doubled their storage duration to two hours, adding 100 MWh of additional capacity to each site.

This marks the second and third augmentation projects completed by GRID, with a current operational portfolio of 790 MW/1,030 MWh. The company has four more augmentation projects in the pipeline, expected to contribute an additional 220 MWh. GRID's chairman, John Leggate, emphasized the importance of scaling up BESS to meet the UK's Net Zero targets and highlighted the strategic decision to focus on upgrading existing sites to improve revenue potential.

How is Gresham House Energy Storage Fund plc expanding its operational capacity in the UK?

• Gresham House Energy Storage Fund plc has completed the augmentation of two existing battery energy storage systems (BESS) in the UK, increasing operational capacity to over 1 GWh.
  
• The upgrades to the Enderby and West Didsbury facilities have doubled their storage duration to two hours, adding 100 MWh of additional capacity to each site.
  
• This marks the second and third augmentation projects completed by GRID, with a current operational portfolio of 790 MW/1,030 MWh.
  
• The company has four more augmentation projects in the pipeline, expected to contribute an additional 220 MWh.
• GRID's chairman, John Leggate, emphasized the importance of scaling up BESS to meet the UK's Net Zero targets and highlighted the strategic decision to focus on upgrading existing sites to improve revenue potential.