Denmark-based private investor CIP has taken a final investment decision (FID) and begun construction on a 500MW/one gigawatt-hour (GWh) BESS project, Coalburn 1, in Coalburn, Scotland.
The project is being developed by CIP in partnership with UK-based energy storage developer Alcemi and will be one of the largest of its kind in Europe.
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The project will occupy 15.8ha of land and is located east of Coalburn within the administrative boundary of South Lanarkshire Council.
It will reduce the requirement for fossil fuel-based power generation during times of peak demand.
This will reduce carbon dioxide emissions while offering balancing services to bring down costs for consumers.
Canadian Solar’s e-STORAGE will provide its SolBank energy storage solution for the project.
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By GlobalDataIrish contractor H&MV Engineering will carry out the balance of plant works and SSE Energy Markets will offer optimisation services.
Coalburn 1 has been developed with extensive landscaping and ecological mitigation measures including the maintenance of peat reserves and the planting of trees, wildflowers and new habitats.
CIP partner Nischal Agarwal stated: “Achieving FID on one of the largest battery projects in Europe is a significant milestone for CIP. It demonstrates CIP’s industrial approach in identifying a market need and delivering a large-scale project with a robust contractual framework with high-quality partners and counterparties.
“The integration of renewable energy into the energy system requires significant investment into storage solutions and we have a significant pipeline of storage projects across the world, which we hope to build in the years ahead.”
CIP and Alcemi are developing the project as part of a partnership agreement signed in March 2022.
The two companies have agreed to develop, build and operate a 4GW portfolio of BESS projects across the UK.
CIP also plans to take FIDs on two further projects with a total capacity of more than 1GW in 2024.
The portfolio will facilitate the UK’s 2050 goal for net-zero transition.
In November 2023, CIP began construction of the 495MW Buffalo Plains wind farm in Alberta, Canada.
