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Posted On: 01/05/2024 10:23:12 AM
Post# of 99241
$PGTK continues accumulation, bid $0.70 now, $1 break in the card #nfa https://finance.yahoo.com/news/richborough-en...00859.html
London, Dec. 21, 2023 (GLOBE NEWSWIRE) -- A battery storage project developed by Pacific Green, and owned by the Sosteneo Energy Transition Fund, a fund managed by Milan based investment manager Sosteneo Infrastructure Partners, is now connected and energised on the electricity transmission network following work by National Grid to plug the facility into its 400kV Richborough substation in Kent.
Richborough Energy Park’s 100MW/100MWh battery will boost the capacity and flexibility of the network, helping balance the system by soaking up surplus clean electricity and discharging it back when the grid needs it – with a capability to power 250,000 homes for an hour.
London, Dec. 21, 2023 (GLOBE NEWSWIRE) -- A battery storage project developed by Pacific Green, and owned by the Sosteneo Energy Transition Fund, a fund managed by Milan based investment manager Sosteneo Infrastructure Partners, is now connected and energised on the electricity transmission network following work by National Grid to plug the facility into its 400kV Richborough substation in Kent.
Richborough Energy Park’s 100MW/100MWh battery will boost the capacity and flexibility of the network, helping balance the system by soaking up surplus clean electricity and discharging it back when the grid needs it – with a capability to power 250,000 homes for an hour.
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