NTR gets Irish solar and battery projects

• 54MW portfolio in Co Wexford bought from RES

NTR has actually gotten a 54MW portfolio of co-located solar and battery storage projects in Co Wexford, Ireland from renewable resource developer RES.

The portfolio makes up 2 battery storage projects including 25MW of storage ability to the Irish grid network, in addition to 29 MW of solar PV.

2 of the solar projects were awarded 16-year CFD tariffs in the inaugural Irish RESS-1 auction and the battery storage projects will apply to offer grid solutions through the Irish DS3 grid services scheme.

The portfolio of projects will go into procedures in 2022.

NTR principal investment police officer Manus O'Donnell stated: "This mix of solar as well as battery storage space brings much-needed variety of renewables innovation onto the Irish grid, especially for lower wind days.

" Co-location of solar and battery projects can be particularly reliable, as they can share grid connections and get economic climates of scale.

" In the future, they must be able to take additional benefit of saving excess power generated on website as well as we expect to see more co-location of solar and battery storage throughout Europe."

The projects were acquired by the NTR Renewable Resource Earnings Fund II, a wind, solar and also energy storage fund that operates throughout a number of European markets.

Total costs for the projects total up to EUR29m.

RES will certainly construct the battery projects for NTR, having actually developed as well as built over 20 battery storage space projects throughout Ireland, UK and the U.S.A..

As soon as operational, RES will offer possession management and O&M services.

RES handling director Lucy Whitford said: "We are really delighted to proceed our connection with NTR as they expand their sustainable portfolio and sustain the delivery of some of the initial co-located solar as well as storage projects in Ireland.

" More deployment of renewable resource along with flexible power storage is critical to provide the Climate Action Plan and will create a company structure on which to develop a zero-carbon Irish energy system.

" We eagerly anticipate starting building and construction as well as supporting NTR in the monitoring of the battery storage space projects once they come to be operational."

This most current acquisition brings renewable energy possessions under monitoring by NTR in support of its existing two funds to over 600MW of wind, solar as well as battery storage projects situated throughout Ireland, France, Sweden, Finland and also the United Kingdom.