8.11.2022 06:45:01 CET | Magnora ASA | Non-regulatory press releases
Magnora refers to its press release dated 8.8. 2022 whereby it was stated that Magnora entered the UK solar and battery storage services market by investing in the development of a 60 MW solar PV project and a 40 MWh Battery Energy Storage System (BESS) project, as a first step. Magnora now adds an additional 80MW/160MWh BESS project to the initial portfolio.
The progress on the first two projects have been as expected and the projects have received a grid offer and EIA work has commenced. Magnora estimate sale during 2023. The work has so far been carried out in accordance with the business plan and we are pleased with the cooperation with our UK based partner.
The 80MW/160MWh BESS project is located on brown field land in an industrial area. We have agreed HOTs with the landowner, a grid connection offer has been…
