Pulse Clean Energy targets 1GW+ battery energy storage space portfolio
- Following last year's acquisition, Green Frog Power has actually rebranded as Pulse Clean Energy as well as unveiled a target of 1GW+ of energy storage assets in the UK.
The business was purchased by Investment Management Corporation of Ontario (IMCO) in October 2021. Matthew Mendes and also Trevor Wills have actually been appointed as president as well as chief running policeman respectively, as well as will currently take on the responsibility of expanding a significant battery storage pipeline.
Pulse Clean Energy has actually already purchased 9 diesel generation sites, which will certainly be decommissioned and repurposed as grid-scale battery energy storage space sites.
" With development in energy storage as well as optimisation, it is our aspiration to make it possible for the smooth change to a zero-carbon energy network," said Mendes.
" We satisfaction ourselves in doing this in a different way, as our technique is rooted in data as well as insight to make certain a smooth collaboration throughout the energy system."
Extra senior visits introduced consist of former chief executive officer of RWE npower, Paul Massara as chairman of the board as well as former group basic guidance and also business assistant for National Grid Plc Alison Kay as non-executive director.
IMCO's handling supervisor and head of infrastructure Tim Formuziewich as well as head of facilities funds and possession management Polina Sims will certainly also sign up with as non-executive directors.
"The rebrand is a reflection of the brand-new path Pulse Clean Energy is taking and also we are enjoyed welcome Paul, Alison, Tim as well as Polina to our board and also are eagerly anticipating working with our team of extremely gifted specialists to make this vision a reality," included Mendes.