October 19 (Renewables Now) - Spain-based Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy, has finalised the financing for a 7.5-MW/15-MWh battery energy storage system (BESS) in South West England.
Being in operation since the summer of 2020, the BESS can store energy from the UK National Grid and is providing flexibility services during hours of peak demand. It is using the Tesla Magapack lithium-ion battery technology.
FRV developed the project in partnership with UK-based Harmony Energy.
November 2020 – FRV continues its strategic plan of long-term investments in the development of utility-scale battery energy storage projects.
Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy and a leading global developer of renewable energy projects, has announced a second battery project in the United Kingdom, as part of a strategic energy storage pipeline to be launched globally.
Once completed in 2021, it will be one of the largest battery energy storage plants in the UK, with a system of 28 Tesla Megapack lithium-ion batteries, using Tesla’s Autobidder AI software for real-time trading and control.
Contego will be connected to the UK Power Networks distribution network, providing the capability to store energy from renewable sources and afford peak-time flexibility to the UK National Grid as part of the country’s continuing shift away from fossil fuels.
Founded in 2006, Fotowatio Renewable Ventures (FRV) is a leading global developer of renewable energy solutions for a cleaner and more sustainable future.
Abdul Latif Jameel Energy and Environmental Services is today the largest GCC-based solar PV developer and one of the leading solar PV developers in the world. Abdul Latif Jameel is a family-owned diversified business founded in Saudi Arabia in 1945 by the late Sheikh Abdul Latif Jameel. It operates across 7 core business sectors, Abdul Latif Jameel has a presence in over 30 countries across 6 continents. Abdul Latif Jameel Energy and Environmental Services was formed in 2012, to spearhead investment in a more sustainable future and is today engaged in the generation of utility-scale renewable energy solutions including solar wind and storage through FRV.
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