en.Wedoany.com Reported - Elements Green has announced the completion of its acquisition of the Newarthill Battery Energy Storage System (BESS) project from Geocore, further expanding its energy storage business footprint in the UK. Located near Motherwell, Scotland, the project has a planned capacity of 300MW, with an initial storage duration of 2 hours and the potential to be extended to 4 hours. As a transmission-level asset, the Newarthill project will connect to the grid via an adjacent 275kV substation and has already secured a connection offer from the UK grid operator NESO, with operations expected to commence in October 2029.

This acquisition marks a strategic deepening of Elements Green's presence in the UK BESS market. The project is sited at a critical node in the UK transmission network, adjacent to the B6 and B4 boundary areas, which can effectively alleviate the mismatch between local renewable energy generation and transmission capacity. As the decarbonisation of the UK power system accelerates, such long-duration energy storage facilities play a vital role in balancing intermittent renewable generation, enhancing grid stability, and reducing reliance on fossil fuel backup power. Once completed, the project is expected to reduce the curtailment of renewable energy caused by grid congestion annually, while also lowering system peak-shaving costs.

Rasmus Friis, CEO of Elements Green, stated: "The Newarthill project is a key step in the company's strategy to deploy large-scale, transmission-connected storage assets in core grid areas of the UK. Scotland's abundant renewable energy resources stand in stark contrast to the increasingly prominent system constraints, and this project will support the energy transition by providing flexible grid services." Lloyd Garvey, Director of Geocore, added that after four years of development and navigating grid connection reform challenges, securing a long-term strategic investor for the project was crucial. David Cunningham, Co-Head of Savills Earth Capital Advisors, emphasised that this transaction demonstrates the team's ability to provide specialist valuation and execution support within a complex grid policy environment.

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