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Econergy
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Econergy connects its first UK-based energy storage project Swangate with 102 MWh to the grid
Econergy Renewable Energy Ltd. (TASE: ECNR), a leading European renewable energy producer, is pleased to announce that its Swangate (West Melton) battery energy storage project in Yorkshire, United Kingdom has been successfully connected to the grid.
Oct 11, 2024
Econergy secures 32 million euro funding for the UK battery storage project Swangate
Econergy Group, a leading Independent Power Producer (IPP) specializing in renewable energy projects across Europe, is pleased to announce the successful signing of a financing agreement as well as a route-to-market agreement with Goldman Sachs through Econergy UK to support the Swangate Project, a cutting-edge electricity storage project utilizing battery technology located in Yorkshire, United Kingdom. With an installed capacity of 102MWh, this project is expected to connect to the electricity grid by the end of 2024.