Foresight’s UK production was well ahead of budget due to strong irradiation over the first half of 2022. Image: Foresight Solar.
Foresight Solar has completed its second acquisition of a standalone battery energy storage asset.
It has acquired a 50% equity stake in Clayfords Energy Storage Limited from Intelligent Land Investment Group, which holds the development rights for a 50MW lithium-ion battery energy storage plant based in Buchan, Aberdeenshire, UK.
JLEN Environmental Assets Group Limited has also acquired a 50% stake in the company. The collaboration on this asset builds on the companies’ previous relationship, with the two contracting Anesco to build and maintain 100MW of battery energy storage for them in October for example.
The site is fully consented and construction-ready, with commercial operations expected to start in Q4 2024. Foresight is expecting to…