- Press Releases
October 5 (Renewables Now) - German renewables developer ABO Wind AG (ETR:AB9) has sold a project for a 50-MW battery storage facility that is being currently built in the village of Kells, Northern Ireland, to the energy storage fund of Swiss fund manager SUSI Partners.
The facility is expected to be put into operation in 2022 and balance the fluctuations in the electricity fed in from wind farms as Northern Ireland is seeking to expand the share of renewables in its electricity mix to 70% by the end of the decade, ABO Wind said on Monday.
Along with the battery storage, the project includes also a substation to feed in the electricity at the high-voltage level.
After completing the construction, the Wiesbaden-based developer will be responsible for the technical and commercial operation of the system.
"The large-scale storage facility in Kells paves the way for other similar projects that we are currently developing in several countries. The market for energy storage is very dynamic on a global scale, and especially in markets where renewables account for more than 25 per cent of the electricity mix," said ABO Wind Hybrid Energy Systems and Storage's head Julia Badeda.