TagEnergy, a renewable energy developer, has announced the successful commissioning of its 50MW Chapel Farm energy storage system in Luton, England. The £30m project, a joint venture with Harmony Energy, was supported by a £12.5m funding package from Santander UK. The facility, which uses Tesla Megapack lithium-ion batteries and Tesla's Autobidder AI software, is TagEnergy's second renewable energy project to go online from its portfolio of close to 4GW across the UK, Spain, Portugal, France and Australia.
The Chapel Farm project began construction in March 2022 following financial close, and is overseen by asset manager RES. TagEnergy's first UK facility, the 20MW Hawkers Hill Energy Park, started operating in September 2022 after the company entered the UK market in 2021. The energy storage capacity from TagEnergy's first two live projects, along with its other sites under construction, will contribute more than 350MW to the UK grid in the next two years, playing a vital role in supporting the country's transition to clean energy.
See also: TagEnergy breaks ground on 756MW stage one of Golden Plains wind farm in Australia
TagEnergy CEO Franck Woitiez said, “We are proud to work alongside our valued partner Harmony Energy and leverage our battery storage expertise to bring this important project to fruition quickly as we continue to drive momentum towards net-zero carbon emissions.” Peter Kavanagh, CEO and co-founder of Harmony Energy, also expressed his satisfaction, stating that “The completion and energisation of the Chapel Farm scheme is another significant milestone for us especially as it is the first JV project we have delivered with TagEnergy which has been a great partner.”
The successful completion of the Chapel Farm project is a significant achievement in the quest to decarbonize the UK's energy system. The system's use of advanced battery storage technology and AI software will provide a significant clean energy boost to the national grid, helping to grow the share of renewables in the UK's energy mix. With its growing portfolio of renewable energy projects, TagEnergy is making a vital contribution to the UK's transition to a low-carbon future.
