Greencoat to build its first energy storage project

The listed company has announced the purchase of a 10.8 megawatt battery for Killala Community Wind Farm

Killala Community Wind Farm was bought by Greencoat Renewables for €37.2 million in 2019

Greencoat Renewables, the listed renewable energy investment company, has made its first move into energy storage with the purchase of a 10.8 megawatts (MW) battery.

The purchase is also a first for any company owned by Greencoat Capital, the £6 billion investment fund that manages Greencoat Renewables.

The battery will store power from the Greencoat-owned Killala Community Wind Farm in Mayo. It has capacity to power approximately 8,000 homes.

Excess wind energy that is not ...