The Hanwha Energy-Ferbane Battery Energy Storage System is a 100,000kW energy storage project located in Lumcloon, Offaly, Ireland.

The project was announced in 2018 and will be commissioned in 2021.

Description

The Hanwha Energy-Ferbane Battery Energy Storage System is being developed by Hanwha Energy and LS Electric.

The key application of the project is grid support services.

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Contractors involved

Hanwha Energy and LS Electric are the developer of Hanwha Energy-Ferbane Battery Energy Storage System.

Additional information

Lumcloon Energy is to invest €150m in two battery storage technology centres in the Midlands. The firm has partnered with Korean firms Hanwha Energy Corporation and LSIS to develop two 100 MW sustainable energy projects at Lumcloon and Shannonbridge, in Co Offaly.

About Hanwha Energy

Hanwha Energy Corporation (Hanwha Energy) provides cogeneration and solar power generation provides. The Company offers electricity transmission, electricity distribution .The company is located in South Korea.

About LS Electric

LS ELECTRIC Co Ltd (LS Electric) is previously known as LSIS Co Ltd, is a provider of power and automation solutions that manufactures, sells and maintains electronic instruments, copper pipes and automatic machinery. The company provides smart transmission, smart distribution, and smart industrial automation solutions. Under contractual agreements, LS Electric provides maintenance and installation services. It serves customers in power and industrial sectors across Asia Pacific, Europe, North America and other regions. The company has production facilities in South Korea and R&D centers in South Korea and China. LS Electric is headquartered in Anyang, Seoul, South Korea.

Methodology

All publicly-announced energy storage projects included in this analysis are drawn from GlobalData’s Power IC. The information regarding the projects are sourced through secondary information sources such as country specific power players, company news and reports, statistical organisations, regulatory body, government planning reports and their publications and is further validated through primary from various stakeholders such as power utility companies, consultants, energy associations of respective countries, government bodies and professionals from leading players in the power sector.