NextPower UK ESG has acquired the Rutherglen battery project. The project – a 29MW, two-hour standalone battery – marks NPUK’s third acquisition in November.
Rutherglen is a ready-to-build battery project withan estimated commercial operation date in 2026, located in Glasgow. NPUK says it can access multiple transmission interfaces between Scotland and England and it will benefit directly from constraint management services to the National Energy System Operator via balancing actions during periods of high wind generation. Rutherglen could also increase its storage duration in the future.
NPUK now has 13 projects in the UK, largely solar, and Rutherglen brings its total battery capacity to 49MW. Across all NextEnergy Capital funds, the total battery capacity now stands at over 700MW of both operational and ready-to-build projects either on a standalone or co-located basis.
NPUK said it has secured total funds committed £683 million against its target of £500 million and it is still actively fundraising. It is aiming to reach 1GW of capacity.
Dario Hernandez, Head of Battery Storage, NextEnergy Capital said Rutherglen “is strategically placed near Glasgow, Scotland, north of the B6 boundary to both capture excess energy being generated by local renewable energy sources and provide balancing services to NESO. The improvements in NESO dispatch capability, together with impressive Li-Ion technology and cost improvements, provide an excellent entry point for monetising standalone storage in the deep and liquid wholesale market. We continue to see BESS as a highly complementary asset to a solar portfolio.”