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Construction work has commenced on a 49.9MW/99.8MWh Pitkevy facility in Fife after global clean energy enterprise TagEnergy reached financial close on the facility, its sixth battery energy storage system (BESS) project in the UK. The project was financed under a non-recourse green loan package
The project has been backed by Santander
TagEnergy has confirmed it has reached financial close on its fourth UK battery energy storage facility with a capacity of 49.9MW/100MWh in Fife, Scotland.
TagEnergy and Harmon Energy have commenced construction on the Jamesfield energy storage system near Abernethy, Scotland, following funding from Santander UK.
NextEnergy Solar Fund has extended its existing £70 million revolving credit facility (RCF) with Santander UK.