KORE Power Selected to Supply Batteries for 20 MWh Storage Partnership in UK Between ABB and Ecotricity

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The project also represents a key step for KORE Power in the rapidly growing UK market.

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Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Wednesday, June 8, 2022
Information
Tags: 
Alternative Energy, Energy, Other Energy, Environment, Zero, National Grid, ABB, UN, Entrepreneurship, IEC, National Grid (Great Britain), Smart grid, Cell, MAX, BESS, Carbon, National, VDA, CEO, Partnership, UL, News, Grid, Electricity, Technology, NMC, KORE, Motor vehicle, LFP, Intention, ESS, Electric battery, Renewable energy, Ecotricity
Geotags: 
IDAHO, EUROPE, UNITED STATES, UNITED KINGDOM, NORTH AMERICA, UK
Summary
Key Points: 
  • The project also represents a key step for KORE Power in the rapidly growing UK market.
  • KORE Power drives energy storage solutions that deliver a cleaner electricity sector.
  • We share the vision of ABB and Ecotricity that renewable, reliable energy is the smart choice for business and for the planet, said Lindsay Gorrill, Co-Founder and CEO of KORE Power.
  • As the UK continues its journey to net zero, ABB is excited to partner with Ecotricity and KORE Power on this 20 MWh grid scale battery project, which will help to stabilize the grid.


KORE Power, a leading US-based manufacturer of lithium-ion battery cells for e-mobility and energy storage solution projects, will provide the batteries for a ground-breaking partnership between ABB and Ecotricity which advances the UK National Grid towards its 2050 Net Zero goal.

The project also represents a key step for KORE Power in the rapidly growing UK market.

“KORE Power drives energy storage solutions that deliver a cleaner electricity sector. We share the vision of ABB and Ecotricity that renewable, reliable energy is the smart choice for business and for the planet,” said Lindsay Gorrill, Co-Founder and CEO of KORE Power. “This project demonstrates that our clean energy future has arrived.”

ABB’s grid scale Battery Energy Storage Solution (BESS) will be installed at Ecotricity’s existing 6.9 MW wind farm in Gloucestershire in 2023. The project will not only provide a material addition to the company’s renewable energy offering but will also highlight the potential of short-term fast response technologies like BESS to add additional stability to the UK’s National Grid, a crucial hurdle as it moves towards Net Zero.

For the project, which will be co-located alongside Ecotricity’s wind farm in Alveston, Gloucestershire, KORE will supply its Mark 1 energy storage modules equipped with its high energy density NMC pouch technology. KORE’s Mark 1 system is fully certified under UN 38.3, UL 1973 and IEC 62619, and achieved UL 9540A. The system will deliver the ability to meet the project’s goal to stabilize the grid while providing an effective way to capture clean energy.

The installation of ABB’s eStorage MAX scalable BESS will help the company to manage its exposure to high spot-trading energy costs, as well as offering flexibility response to the National Grid as it transitions to Net Zero. The BESS will be integrated with Ecotricity’s Smart Grid platform and will use the company’s proprietary optimization model to dispatch the battery energy storage according to system needs.

Mark Meyrick, Head of Smart Grids, Ecotricity, said: “We’ve been working towards our first grid scale battery as we’ve been developing our Smart Grid platform – and we’re looking forward to taking this next step with ABB. This project is a first for us and will enable us to manage demand for renewable energy, as well as develop a greater understanding of the deployment of storage for flexibility requirements.”

“As the UK continues its journey to net zero, ABB is excited to partner with Ecotricity and KORE Power on this 20 MWh grid scale battery project, which will help to stabilize the grid. BESS is key to unlocking some of the challenges ahead, providing a highly effective way to capture clean energy and balance energy generation against demand to build grid resilience,” said Calogero Saeli, Global Product Group Manager, ABB Electrification Distribution Solutions.

KORE Power

KORE Power, Inc., is a leading US-based developer of battery cell technology for the clean energy industry, serving energy storage, e-mobility, utility, industrial and mission-critical markets across the globe. KORE Power designs and manufactures its proprietary NMC and LFP cells, VDA modules and packs, optimized by the battery management system. Through its global partnerships, KORE designs and manufactures top-tier energy storage systems (ESS).

Cautionary Statement

Certain statements contained herein constitute forward-looking statements, including but not limited to statements about the plans, objectives, and expectations. All statements included herein, other than statements of ‎historical fact, are forward-looking information and such information involves various risks and ‎uncertainties. KORE Power, Inc. believes the expectations reflected in these forward-looking statements are ‎reasonable, but no assurance can be given that these expectations will prove to be correct and ‎such forward-looking statements in this news release should not be unduly relied upon. Forward-‎looking statements included in this news release are made as of the date of this news release and ‎ KORE Power disclaims any intention or obligation to update or revise any forward-looking statements, ‎whether as a result of new information, future events or otherwise, except as expressly required by ‎applicable securities legislation.‎

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