TagEnergy has started construction on a 49MW/98MWh standalone energy storage system near Abernethy, Scotland, following funding from Santander UK.
The Jamesfield development is a joint venture with Harmony Energy, following TagEnergy’s acquisition of a 60% stake in the project in November 2021. Santander UK is supporting the green energy initiative with £12.5m funding.
Jamesfield will use a system of Tesla Megapack lithium-ion batteries, together with Tesla’s Autobidder AI software for real-time trading and control.
It is expected to be operational in the fourth quarter of 2023, with leading independent renewable energy company RES as asset manager.
Franck Woitiez, TagEnergy CEO, said commencement of construction of TagEnergy’s third battery energy storage facility in the UK reinforced its commitment to driving the shift to a clean energy future.
“This is another important milestone in TagEnergy’s growth in the UK as we leverage our strong storage expertise to support the UK grid and propel the nation to net-zero carbon emissions by connecting more competitive renewable power,” Mr Woitiez said.
“We are excited to enter this next phase in the project in partnership with Harmony Energy and with the support of Santander UK as we grow our UK footprint to accelerate the energy transition,” he said.