Developer Fotowatio Renewable Ventures (FRV) has acquired two new battery energy storage projects, with a combined capacity of up to 100MW, from RE Projects Development Limited (REPD).
FRV has announced the acquisition of two battery energy storage projects (BESS) comprising the battery storage plants, both located in the Midlands, United Kingdom. Each plant will generate up to 50MW of energy adding up to 100MW. The projects are scheduled to enter the ready-to-build phase during the third quarter of 2023.
RIYADH: A division of Abdul Latif Jameel Energy has partnered with UK-based firm Tyler Hill Partners to develop a $1 billion battery energy storage platform in Britain, MEED reported. Fotowatio has put forward the platform, known as FRV TH Powertek, which will be focused on designing, constructing and operating a portfolio of battery energy storage-system projects in the UK.