Anesco to step up battery investment

Anesco is on track to more than quadruple its operational battery portfolio by 2020.

The company claims a 22% share of all operational utility scale storage units in the UK and 47% of the non-EFR capacity. Now it plans to reach 380MW of capacity over the next three years. Several projects are currently under construction, including a 50MW installation in Hampshire, due for completion later this year.

According to Steve Shine, executive chairman: “We have long recognised the potential and importance of battery storage for the UK’s energy mix and have invested heavily in making sure it is a commercially viable option for investors and commercial organisations alike.” 

He said using data from all its battery sites “We are in a unique position to analyse data from all our existing battery sites…

“This has enabled us to create the most accurate modelling tool available, meaning we can predict whole life cost, IRR and long term revenue streams”.

Anesco has 29 operational sites, with 76 individual battery units, providing a combined capacity of 87MW.

Shine added, “We remain the first and only company to offer retrofit co-location with existing solar farms and are the only UK company to achieve subsidy-free solar.”

Anesco’s solar farm portfolio now exceeds 101 sites, while its O&M service, AnescoMeter, is monitoring over 21,500 sites.

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