Statera Energy announces that Minety South Storage has entered commercial operations, providing enough energy to power more than 13,000 homes. This is Statera’s third operational battery, bringing the company’s total operational capacity to 150MW to date.
The battery benefits from a T-4 Capacity Market contract and provides ancillary services to National Grid, as well as wholesale market trading.
NatWest are providing a £110m debt facility to support the new 50MW battery storage facility as well as several other energy projects in Statera Energy’s portfolio.
Statkraft, Statera’s strategic partner in bringing 1 GW of flexible generation assets to market, will be offtaking the energy generated.
Minety South Storage 2, another 50MW battery located adjacent to the site, is due to enter commercial operation later this year.