Everoze advises Foresight on acquisition of 35MW battery storage facility

Published June 2017

In June 2017, Foresight acquired the 35MW Port of Tyne EFR battery storage facility from RES. Everoze were delighted to act as Technical Adviser for this landmark project.

This acquisition, using funds from Foresight ITS, is the largest of the National Grid’s Enhanced Frequency Response (“EFR”) battery storage projects to attract investment from an infrastructure investment manager in the UK. The project represents an exciting precedent and a valuable addition to Foresight’s considerable renewable energy capabilities, which have seen the group establish an operational portfolio of more than 80 solar PV projects and 28 Energy from Waste (EfW) projects with a collective generating capacity of more than 1GW, enough to power more than 600,000 UK homes with clean electricity.

Please also read the excellent blog by Katherine Vinnicombe on Foresight Group‘s acquisition of Renewable Energy Systems’ 35MW EFR battery project.

Everoze Partner Felicity Jones mentions: “Working on this landmark project has definitely been a highlight of my career to date – congratulations to all involved!”

RELATED

500MW of batteries scoop up Capacity Market contracts

The UK’s Capacity Market Provisional Auction results are out – and 500MW of battery projects have scooped up contracts. Here’s what you need to know.

Read More >

So you’ve built your battery project – now what?

With >400MWh battery projects due to come online in the UK in the next 18 months alone, it’s time to plan how to track whether these projects are performing.

Read More >
Energy Storage from Everoze Partners

What?! £7/MW/hr for EFR storage? Explain!

We explain how the low prices in the UK’s landmark tender were achieved – and what this means for the future of storage.

Read More >