Envision and Statera Unite on 680MW Carrington Storage to Advance UK Renewable Energy Future [Yahoo! Finance]
SIEMENS AG SPONS ADR (SIEGY)
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Source: Yahoo! Finance
to provide the Battery Energy Storage System (BESS) for the Carrington Storage Project. With a total capacity of 680MW / 1360MWh, Carrington is one of the UK's largest single-site battery storage projects to reach financial close, marking a decisive step toward a highly renewable, flexible, and intelligent power system that enhances grid resilience and supports the country's low-carbon transition. Located at Trafford Low Carbon Energy Park in Greater Manchester, Carrington Storage is expected to be energised by late 2026. Once operational, it will deliver power to around 2.2 million homes for up to two hours, enhancing grid stability, reducing renewable curtailment, and supporting the UK's net-zero and energy security goals. The project brings together leading stakeholders including Statera Energy, Lloyds, Statkraft, NatWest, Santander, Siemens Bank, SEB, and Mizuho, highlighting strong institutional confidence in large-scale battery storage as a core enabler of the energy transitio
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