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The 300-megawatt EPC problem, pushed by Envision Vitality’s Battery Power Storage Technique, is scheduled to interrupt ground in H1 2024
FRAMINGHAM, Mass., Might effectively 23, 2024–(Enterprise WIRE)–Ameresco, Inc., (NYSE: AMRC), a prime cleantech integrator specializing in energy efficiency and renewable energy, proper now introduced that Ameresco and Envision Electrical energy have been picked by Atlantic Inexperienced to make the Cellarhead job, a 300-megawatt (MW) battery vitality storage job (BESS) with a {most electrical} energy functionality of 624 megawatt hours (MWh). The Cellarhead BESS problem will likely be linked to Nationwide Grid’s Cellarhead sub-station and can supply the Uk with additional vitality safety and trustworthiness.
Development is predicted to begin on web site this yr with connection to {the electrical} energy grid anticipated on the shut of 2026. With a most vitality capability of 624 megawatt hrs, the Cellarhead BESS endeavor will assist the UK’s ambition to attain net zero, supporting the elevated penetration of fresh vitality technology, lower reliance on fossil fueled technology, and ultimately mitigate greenhouse gasoline (GHG) emissions.
Atlantic Environmentally pleasant was confirmed in 2021, as a three way partnership between two entrepreneurial shareholders Nofar Electrical energy, and Interland Crew, as a British isles-primarily based mostly platform to commit, produce, and performance grid-scale standalone battery electrical energy storage packages throughout the British isles. With a mission to provide a c.2 GW functionality of battery vitality storage to gasoline the UK’s cleanse vitality transition, the Cellarhead BESS represents a vital milestone for each Atlantic Inexperienced’s progress journey and wider sustainability targets. As side of the BESS endeavor Ameresco entered into an EPC and O&M contract corresponding to battery supply, equilibrium of plant, guarantee, and availability ensures. The EPC complete wrap value is c. $249 million (196.5 million GBP). Tier 1 OEM Visualize Energy will give the BESS and concerned options, as very effectively because the tools warranties.
Ameresco and Atlantic Inexperienced assume to finish the BESS and safe grid connection by the center of 2026. Subsequent completion, Atlantic Environmentally pleasant will private and function the BESS as an electrical energy storage asset.
“We think about {that a} ongoing enhancement of battery electrical energy storage is a crucial section within the UK’s journey to engaging in web-zero carbon emissions, and we’re fired as much as group up with Ameresco to hold this imaginative and prescient to existence,” reported Nick Bradford, Caring for Director of Atlantic Eco-friendly. “As a result of our founding, Atlantic Eco-friendly has usually prioritized discovering strategic methods to leverage our battery storage belongings with the broader area people and we’re desirous to reply the mounting want for battery storage with this new endeavor with such a stage of energy potential, to actually make the have an effect on on the Uk electrical energy program that may be a nice deal desired.”
“We’re thrilled to announce our collaboration with Atlantic Inexperienced to assemble a single of the best battery electrical energy storage tasks in the UK,” said Mark Apsey, MBE, Senior Vice President of Uk Features at Ameresco. “Electrical energy storage is without doubt one of the important techniques wanted to attain the UK’s web zero targets. Atlantic Inexperienced’s strong enterprise management and strong observe doc of creating comparable assignments would make them an unbelievable husband or spouse on this endeavor. Alongside each other, Ameresco and Atlantic Inexperienced will help help the UK’s improvement in the direction of elevated electrical energy autonomy and reaching web-zero carbon emissions by 2050.”
“This enterprise exemplifies our dedication to pushing the boundaries of battery storage know-how, a cornerstone of sustainable energy items,” said Kane Xu, World VP, Visualize Vitality. “Partnering with Atlantic Inexperienced and Ameresco permits us to indicate the pivotal job that revolutionary battery strategies play in enhancing vitality stability and enabling a seamless transition to renewable electrical energy assets. We’re more than happy to guide our reducing-edge know-how to this landmark British isles initiative.”
To know far more about Atlantic Inexperienced, check out, https://www.atlanticgreen.co.british isles.
To find extra about Ameresco and the corporate’s clear energy treatments, cease by www.ameresco.com.
To know extra about Think about Electrical energy and their know-how options for inexperienced energy, check out https://www.imagine-team.com/envision-electricity.
About Ameresco, Inc.
Based in 2000, Ameresco, Inc. (NYSE:AMRC) is a foremost cleantech integrator and renewable energy asset developer, proprietor and operator. Our thorough portfolio incorporates options that allow customers decrease charges, decarbonize to web zero, and assemble vitality resiliency though leveraging good, linked techniques. From using vitality effectiveness and infrastructure upgrades to growing, establishing, and operating dispersed energy assets – we’re a trusted sustainability associate. Ameresco has effectively completed vitality saving, environmentally reliable jobs with Federal, situation and space governments, utilities, well being care and tutorial institutions, housing authorities, and industrial and industrial patrons. With its firm headquarters in Framingham, MA, Ameresco has much more than 1,500 workers giving neighborhood information in North The usa and Europe. For more information, try www.ameresco.com.
About Visualize Power
Envision Energy is a environment-leading environmentally pleasant engineering agency that gives renewable vitality solutions for world enterprises, governments, and institutions. Encompassing 3 necessary group sectors – Good Wind Generators, Energy Storage, and Environmentally pleasant Hydrogen Choices, Think about Electrical energy collaboratively constructs complete strategies for electrical energy transformation. It additionally manages the Think about-Hongshan Carbon-Impartial Fund and owns Think about Racing Parts E workforce, which conquered the Technique E Groups’ Championship in 2023.
Envision Vitality has been lauded for its sustainability effectivity, incomes the EcoVadis Gold Medal and a location on the CDP “A-Document”. It has been acknowledged in Fortune’s “Modify the Setting” guidelines and ranked amongst the prime 10 smartest organizations by the MIT Applied sciences Evaluate.
These days, Envision Power leverages its world-wide community of R&D and engineering facilities all through China, the US, the British isles, France, Germany, Denmark, and different nations to repeatedly lead world inexperienced technological know-how improvement. Visualize Electrical energy joined the Science Based mostly Targets initiative (SBTi) and dedicated to acquiring the “Small enterprise Ambition for 1.5°C” in 2021. It obtained carbon neutrality throughout its world operations by 2022 and can receive carbon neutrality all through its worth chain by 2028.
For lots extra data, pay a go to to www.envision-team.com
About Atlantic Inexperienced
Atlantic Inexperienced is a joint endeavor in between two entrepreneurial shareholders, Interland and Nofar Energy. Atlantic Inexperienced focuses on investing, growing and operating grid-scale standalone battery vitality storage assignments in the UK.
Nofar Vitality (TASE: NOFR) is a worldwide Unbiased Electrical energy Producer and developer of renewable energy property, specialising in picture voltaic and battery vitality storage. Nofar rewards from world vast talents and administration within the storage sector. Nofar Electrical energy has a portfolio of c. 3. GW of picture voltaic and energy storage belongings all through Israel, Spain, Italy, Uk, US, Romania, Germany, Poland, Greece and Serbia, of which 1.1 GW are operational or ready to be linked.
Interland is a private funding group primarily based in London, Uk. The group invests in, develops and operates precise property and renewable energy property in the UK, Netherlands and Belgium. For far more data, go to https://www.atlanticgreen.co.british isles/.
The announcement of a buyer’s entry right into a endeavor settlement isn’t robotically indicative of the timing or quantity of earnings from all these deal, of Ameresco’s common earnings for any explicit interval or of developments in Ameresco’s over-all full activity backlog. Part of this enterprise was included in our earlier documented awarded backlog as of March 31, 2024.
Have a look at supply version on businesswire.com: https://www.businesswire.com/data/dwelling/20240523146272/en/
Contacts
Media:
Ameresco: Leila Dillon, 508-661-2264, [email protected]
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