ILI reveals sale of 50MW battery storage property to Eelpower

• Scottish tidy energy programmer ILI Group has announced the sale of another battery storage possession. The 50MW Fordtown battery storage project in Kintore, Aberdeeshire has been offered to Eelpower for an undisclosed sum.

Mark Wilson, ILI Group CEO, said the company was delighted to conclude the bargain, including, "this is our second battery storage bargain in conclusion this month, taking the total amount of funded projects to 200MW. We have another 150MW that will await tender this year".

The sale is the fourth battery storage deal managed by TLT for the ILI Group in the last year, as well as complies with hot on the heels of the sale of the 50MW Nairn project to the Foresight Group in September. In March, it sold its 50MW utility-scale battery project in Fife, Scotland to Abbey Group Cambridgeshire as well as YooGen1 in March.

ILI Group has developed as well as funded 200MW of battery storage projects, and has an additional 800MW being gotten ready for market over 2021-22. Along with this 1GW of battery storage, the company is seeking to create 3GW of pumped hydro storage.

In June it took care of to obtain approval for a 450MW pumped hydro plant on the shores of the famous Loch Ness to ahead this ambition.

Eelpower meanwhile has actually likewise been functioning to broaden its portfolio, authorizing a joint endeavor with NextEnergy Solar Fund in September to establish up to 250MW of battery energy storage possessions.

In January, the company had actually likewise authorized a joint venture with SUSI Partners for a 1GW UK energy storage platform, which this new procurement will fall within.

Mark Simon CEO of Eelpower stated: "the 50MW Fordtown project represents another landmark in Eelpower's joint endeavor partnership with the SUSI Partners' Energy Storage Fund.

" We have taken pleasure in dealing with Mark Wilson and also the outstanding ILI group, as well as eagerly anticipate doing more landmark take care of them in future."