Corre Energy to deliver one of Europe’s largest battery storage facilities

Corre Energy, the Dublin-listed renewable energy storage developer, has entered into a joint venture with a Dutch company to deliver one of Europe’s largest battery storage facilities.

The joint venture, which is being split equally between the two groups, will initially involve an investment of €7 million, with Corre Energy’s share represented by capital already invested in the project to date. Corre Energy chief executive Keith McGrane said the deal “speeds up and broadens our income profile for Zuidwending while delivering critical storage to meet future energy consumption needs”.

Looking ahead, Mr McGrane said Corre believes batteries “could play a major role in our current and future projects”.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Corre Energy to press ahead with naming Rune Eng as interim chairmanShares in Dublin-listed power storage developer hit an all-time low on Friday as it continues its search for fresh investment
مصدر: IrishTimes - 🏆 3. / 98 اقرأ أكثر »

Corre Energy's chairman to step down after AGMLong duration energy storage company Corre Energy said today that Frank Allen, Chair of its Board of Directors, intends to stand down from the board upon expiry of his three-year tenure at the company's forthcoming AGM.
مصدر: RTEbusiness - 🏆 16. / 61 اقرأ أكثر »