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Insider UK
Insider UK
Business
Peter A Walker

Scottish developer tenders new battery storage portfolio

Energy storage developer Intelligent Land Investments (ILI) Group has announced a sales tender for a 300MW battery storage portfolio.

The portfolio consists of three utility-scale battery storage development sites - two 50MW projects in the north of Scotland with connection dates of March 2024 and May 2024, and a 200MW project in central Scotland, with a connection date of 2026.

The sale process for the portfolio is now open to expressions of interest, with a deadline of 23 January.

ILI Group chief executive Mark Wilson said: “We have been developing our battery storage portfolio since 2018, with eight projects totalling 400MW already sold to developers, so it's great to see the need and urgency for energy storage is now understood.

“This new portfolio offers an exceptional opportunity for the right developer in the battery storage sector, containing 300MW of ready-to-build projects, with early connection dates running from 2024 to 2026.

“Energy storage projects like these are the missing backbone of the energy transition and the drive to net zero.”

ILI Group is a clean energy development company focused on energy storage in the UK; and especially Scotland.

It has been developing a portfolio of 2.5GW of pumped storage hydro and over 2GW of battery storage to ‘development ready’ status. It claims that this pipeline of projects could save more than 300 million tonnes of CO2 equivalent in their lifetime.

The group works to secure planning consents, grid connections and land rights before selling the packaged sites to developers, investors and utility providers.

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