| Work Detail |
Zenobe Energy has begun building a 300MW/600MWh battery energy storage project in Blackhillock, Scotland. The UK energy storage and e-mobility expert recently obtained a £235 million (US$284.8 million) long-term debt facility from five banks, which precedes the announcement.
The company said the project would be the first in the world to deliver stability services using a transmission-connected battery. Thus, it will be located midway between the cities of Aberdeen and Inverness. This is a significant step towards the company’s goal of bringing 1 GW of battery energy storage to Scotland.
The battery asset’s capacity, when fully operational, will be 300MW/600MWh. The first phase will see 200MW created and is planned to go live in the summer of 2024. The second phase will develop an extra 100MW and will go live in 2026.
The battery energy storage project in Blackhillock
The project will facilitate offshore wind farms at Viking and Beatrice. Thus, it will increase the use of renewable energy in the area. The project has chosen Wärtsilä, H&MV, SMA Solar Technology AG, and GE Grid Solutions as its primary suppliers.
According to Zenobe, the new debt financing is provided by the Canadian Imperial Bank of Commerce, Rabobank, Santander UK, Siemens Financial Services through Siemens Bank, and NatWest. It is also the largest project finance facility for battery storage projects in Europe.
Along with Blackhillock, the money will be used towards the company’s Kilmarnock South project, with a capacity of 200MW/400MWh. Kilmarnock South could also be increased by 100MW/200MWh, similar to Blackhillock. Additionally, the agreement contains a £400 million accordion facility. Thus, it will be used to finance debt expansions at each site and upcoming projects.
This will enable Zenobe to scale up its entire battery storage portfolio in Scotland to over 1GW/2GWh by 2026. Zenobe recently announced the beginning of delivering reactive power services to the grid using its 100MW/107MWh Capenhurst battery energy storage system. According to Zenob, the Capenhurst BESS in Chester is the biggest battery project directly connected to the transmission grid in Europe. |
