en.Wedoany.com Reported - Zenobē has reached financial close on a 200MW/800MWh battery energy storage system (BESS) project in Coalburn, South Lanarkshire, Scotland.

The company stated that this is the first four-hour duration battery storage project connected to the transmission network to achieve financial close. The subsidy-free project reflects the maturity of the UK battery storage market and the rapid evolution of battery technology, Zenobē added.

Pre-construction work is already underway, with construction set to begin in July, and the project is expected to enter commercial operation in 2028. Coalburn will operate at a maximum input/output capacity of 200MW, with four-hour storage corresponding to 800MWh of storage capacity. The asset offers flexible operation: it can run at 100MW for up to eight hours, or at 50MW for up to sixteen hours.

e-STORAGE, a subsidiary of Canadian Solar, will supply the battery systems, while Omexom will handle the balance of plant construction. Drax Group will manage the commercial trading of the asset under a toll contract. Financing parties include Landesbank Baden-Württemberg, ABN AMRO, Mizuho, and Siemens Financial Services.

James Basden, founder and director of Zenobē, stated that Coalburn is the fourth large-scale project the company has reached financial close on in Scotland over the past 18 months. Combined with investments in electric bus fleets in Scotland, Zenobē's total investment over the past three years has exceeded £1 billion, aiming to make clean transportation and clean electricity more accessible to millions of people.

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