Energy storage developer Eku Energy is set to begin construction on two new battery energy storage system (BESS) projects in the UK totalling 130 megawatt-hours (MWh).
An order has been placed with NHOA Energy, a business unit of NHOA Group (formerly Engie EPS), for the delivery of two stand-alone battery systems for projects in Basildon in Essex and Loudwater in Buckinghamshire.
Construction on the projects will begin in the fourth quarter of 2023. Both are scheduled to commence commercial operations by the end of 2024, supporting the country’s net-zero transition.
Launched in November 2022 by Macquarie’s Green Investment Group, Eku Energy currently has operations in countries including Australia, Italy, Japan, Taiwan and the UK.
Jointly owned by a Macquarie Asset Management managed fund and the British Columbia Investment Management Corporation, Eku Energy has a 1.2 gigawatt-hour portfolio of battery storage projects in the process of delivery.
Eku Energy CEO Sandra Grauers Nilsson stated: “Battery storage is essential to the decarbonisation of electricity systems globally and Eku Energy is focused on delivering safe, secure and reliable solutions at scale and pace.
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“We are delighted to have partnered with NHOA Energy on these two new battery storage projects as we continue to expand our global battery storage portfolio.”
The agreement between Eku Energy and NHOA Energy presents an opportunity to develop a partnership to expand into new markets.
NHOA will provide Eku with long-term services for the batteries’ operational maintenance.
NHOA Energy global markets and development executive vice-president Lucie Kanius-Dujardin stated: “We cannot wait to start working with Eku Energy on the Basildon and Loudwater projects, given our common values and similar approach to the energy transition.
“Entering the UK market with over 130MWh of projects for Eku Energy, a globally recognised energy storage developer, is an important step forward in NHOA Energy’s journey and proves once again our global reach and execution capabilities.”
Eku Energy already has a 40MW/40MWh battery system being built in Maldon, Essex, and recently partnered with Renera Energy to develop 1GW of battery storage in Italy.