TagEnergy starts building and construction of 20MW/40MWh battery

• TagEnergy has actually begun construction on a ₤ 16 million 20MW/40MWh battery storage center following Santander financing.

The Hawkers Hill Energy Park near Shaftesbury uses a system of Tesla Megapack lithium-ion batteries together with Tesla's Autobidder AI software for real-time trading and control.

It is expected to be complete as well as connected to the grid by June 2022. It is the 7th battery storage facility Santander UK has supported through financing over the past two years, having supplied a ₤ 6.4 million financing package.

This was partly financed by Santander UK's Environmental and Social Growth Fund, developed to support loaning that benefits the environment or culture and also adds in the direction of the UK's sustainability schedule.

Considering that 2019, Santander UK has actually supplied over ₤ 100 numerous moneying to the battery storage sector, including to Zenobe and Gore Street Energy Storage Fund.

"This is a turning point as we enter the fast-growing UK renewable e nergy market and Santander UK's assistance of our extremely first project here has actually been important," Franck Woitiez, president, TagEnergy claimed.

The business has developed a profile of near 2GW in Portugal, Spain, UK and also Australia, based upon solar, wind and also battery storage innovations. It this month got the 50MW Roaring Hill Energy Storage Project from RES.

Various other UK battery energy storage systems (BESS) to use Tesla Megapack batteries and also the Autobidder software include the 99MW/198MWh Clay Tye site being developed by Harmony Energy and also Fotowatio Renewable Ventures, along with 2 various other BESS developed by the duo. Certainly, earlier this month Harmony Energy unveiled strategies to establish 213.5 MW of projects making use of Tesla's battery storage modern technology.