Opportunities to invest in Renewable Energy UK
Opportunities to invest in Renewable Energy UK, The UK is leading the charge on zero emission vehicles.
The Transition to Zero Emission Cars and Vans: The 2035 delivery schedule sets the UK’s goal to be the G7 nation to decarbonize vehicles the fastest. Sales of petrol and diesel cars and vans will be phased out by 2030, and all new cars and vans must be zero emissions by 2035.
With a £2.8 billion package in support of phase-out dates, this ambitious plan will accelerate demand for zero-emission vehicles.
Waseem Shahid Malik CEO – Eco Energy Rating Ltd.
Also Read |
Why invest in the UK?
Opportunities to invest in Renewable Energy UK
Table of Contents
GRIDSERVE Sustainable Energy Ltd – national electric vehicle (EV) charging network powered by renewable energy
Opportunities to invest in Renewable Energy UK,
GRIDSERVE delivers sustainable energy and supports climate change with a nationwide electric vehicle (EV) charging infrastructure powered by renewable energy.
GRIDSERVE Sustainable Energy Ltd – national electric vehicle (EV) charging network powered by renewable energy- Milao Haath
GRIDSERVE Sustainable Energy Ltd is at the forefront of delivering a UK ‘Sun to Wheel’ ecosystem of zero-carbon power generation and ultra-fast electric vehicle (EV) charging networks.
GRIDSERVE has Two primary EV charging solutions (Electric Concourses and Electric Hubs) to be rolled out at scale over the next three years, with over 250 charging stations across the UK capable of charging up to 15 hybrid Solar farms supported.
Waseem Shahid Malik CEO – Eco Energy Rating Ltd.
This vertically integrated generation and distribution ecosystem ensure price competitiveness through its raw material coverage.
GRIDSERVE has the technology, feasibility, and economics to offer this ecosystem in the UK is demonstrating and is now focused on maximizing its strong market position.
GRIDSERVE Sustainable Energy Ltd – national electric vehicle (EV) charging network powered by renewable energy-Milao Haath
Investment type:
Capital investment – energy and infrastructure
Sector:
(Sustainable infrastructure, Zero emission vehicles, Energy storage, EV charging, Generation, Energy Infrastructure)
Project promoter:
GRIDSERVE Sustainable Energy Ltd
Scale:
Up to £1 billion
Time to Final Investment Decision (FID):
0-6 months
Sector and market
The UK government has announced a ban on sales of new petrol and diesel cars from 2030 and hybrid vehicles from 2035.
To support the transition of purely electric passenger vehicles the country needs a grid of charging stations, as domestic charging is not universally accessible (40% of households do not have access to off-street parking).
Location
The provision of EV charging points across the UK means drivers can charge their EVs anywhere with fast, consistent service at a fair price.
Connectivity
Current charging stations are located along the UK’s strategic road network.
It is includes motorways and areas of high traffic congestion, such as densely populated areas.
Waseem Shahid Malik CEO – Eco Energy Rating Ltd.
Local Talent and Skills
There will be nationally recognized convenience retail units adjacent to EV charging facilities and staff will be recruited from the local community.
Also Read |
London Property Market Forecast 2022
Opportunities to invest in Renewable Energy UK,
Further Details
GRIDSERVE sites will be built to high environmental standards, using low-carbon building materials to reduce emissions.
GRIDSERVE will also move into comprehensive biodiversity where possible at their sites and support remote nature enhancement projects where it is not possible to integrate specific or meaningful programs at GRIDSERVE sites.
This involves restoring forests in the heart of southern Scotland to our whole to preserve biodiversity program.
Environmental, social, and governance (ESG) highlights
The decarbonisation of power and transport are two main elements of the UK government’s. Ten Point Plan which addresses the largest contributory sectors of carbon emissions in the UK.
This GRIDSERVE project will accelerate the transition to net zero transport by providing a low-cost, open-access, fast, and easy-to-use service.
Promoters and partnerships
GRIDSERVE has built and operated some of the most technically challenging solar and energy storage projects in the UK to power its electric vehicle charging facilities. The company recently acquired Electric Highway, the UK’s first electric vehicle charging network, and has access to financing. Hitachi Capital (also a shareholder) and TPG’s RISE fund.
Local and national government support
GRIDSERVE works closely with local authorities when planning and developing their sites, with national authorities such as the Highways Agency.
It will close ties with National Grid, Ofgem, and the Office for Zero Emission Vehicles (part of the Department for Transport and the Department for Business, Energy, and Industrial Strategy).
Waseem Shahid Malik CEO – Eco Energy Rating Ltd.
Also Read |
Top 25 Best Places to Live on the East Coast in 2022-2023
Gateway battery energy storage system in Essex
Gateway will be one of the largest Battery Energy Storage Systems (BESS) in the world. With an output of 320 megawatts for a discharge time of 2 hours without greenhouse gas emissions.
Gateway battery energy storage system in Essex – Milao Haath
InterGen is looking for a co-investor who will take over up to 49% of the project shares. Given InterGen’s desire to oversee construction and then operate and market the asset, a financial investor may be a better fit.
InterGen is conducting a tender (ITT) process to select its partner equipment supplier, which has done in Q4 2021. The project has a National Grid Grid Connection and Ofgem Generation license. It will be operational in 2025.
Gateway battery energy storage system in Essex – Milao Haath
Location:
DP World London Gateway in Thurrock, Essex
Investment type:
Capital investment – energy and infrastructure
Sector:
(Sustainable infrastructure, Energy storage)
Project promoter:
InterGen
Scale:
£170 million
Time to Final Investment Decision (FID):
1-2 years
Also Read |
Why Should Real Estate Investors Consider Investing In Digital Land?
Sector and market opportunity
Upon completion, the projects will operate in the UK wholesale and balancing markets. It will also provide national grid standby and supplemental services, offering flexible and dynamic services to ensure grid stability.
Location
The project is adjacent to the London Gateway port on the Thames Estuary in South East England, there is a high electricity demand.
Connectivity
The project is located approximately 30 miles east of London and is easily accessible from all major London airports, trains, and roads.
Local Talent and Skills
The site is in Proximity to InterGen’s existing Coryton Combined Cycle Gas Turbine Station (CCGT), which provides resources for
operations and maintenance. You will also benefit from InterGen’s established business opportunities.
Waseem Shahid Malik CEO – Eco Energy Rating Ltd.
More Details
The project is at an advanced stage of development and is being further de-risked. Project life is expected to be around 20 years, with the repowering potential to extend.
Environmental, social, and governance (ESG) highlights
BESS projects make a significant contribution to the UK’s goal of net-zero emissions by 2050. They are carbon-free and provide or store energy almost instantly. As such they offer flexibility and a range of system support and ancillary services to balance and manage the electrical system. The demand for these services will grow as renewable capacity increases.
Promoters and partnerships
InterGen has been active in the UK since the 1990s and is an independent power producer with extensive experience in the design, construction, and operation of large-scale power generation projects. InterGen has invested over £2 billion in the development and construction of a flexible power plant portfolio of 3 Combined Cycle Gas Turbines (CCGTs) and 1 Open Cycle Gas Turbine, totaling 2.8 GW.
Waseem Shahid Malik CEO – Eco Energy Rating Ltd.
The Gateway project represents an important step in InterGen’s strategy to diversify and become a leading operator of energy storage systems in the UK. Its goal is to have 3 GW of projects in commercial operation by 2030, with the potential to grow depending on new market demands.
InterGen has already identified additional locations for grid-scale projects, including Spalding in Lincolnshire. Although the Gateway project is expected to proceed independently, both the Gateway project and Spalding (and other opportunities) could move forward with the right partner as InterGen recognizes that some investors prefer the size.
Local and national government support
The development will have potential freeport benefits owing to its location at London Gateway.
Also Read |
Why invest in the UK?
Trafford Battery Energy Storage System
The Trafford Battery Energy Storage System (BESS) is at an advanced stage of development, with a fast-track National Grid connection due to being completed in mid-2023.
Opportunities to invest in Renewable Energy UK,
Trafford Battery Energy Storage System-Milao Haath
Trafford’s (BESS) is the best opportunity to invest around £80m in a large 250MW BESS project at an advanced stage of development. Upon completion, it will be connected to the National Grid transmission system at 400 kV. The developer, Carlton Power, is offering to sell 100% of the project company with a long-term lease on the Trafford Energy Park site.
It is strategically located on the National Grid system for the 400 kV transmission network and high-pressure gas and regional low-pressure gas network and is also close to the proposed HyNet hydrogen networks. A detailed schedule for 50MW lasting 5 hours (250MWh) has been received and the change will be made to allow 250MW lasting 1 hour (250MWh).
Trafford Battery Energy Storage System-Milao Haath
Location:
Carrington in Mancheser
Investment type:
Capital investment – energy and infrastructure
Sector:
(Sustainable infrastructure, Energy storage)
Project promoter:
Carlton Power
Scale:
£80 milion
Planning status:
Full planning consent
Time to Final Investment Decision (FID):
0-6 months
Waseem Shahid Malik CEO – Eco Energy Rating Ltd.
Sector and market opportunity
Battery storage is a key technology for the transition to low-carbon power generation. Once operational, the Trafford facility will serve the UK energy market, provide grid standby and support services and be capable of multiple revenue streams. Carlton Power is an experienced energy project developer offering to sell 100% of the SPV project, ideally for a strategic investor looking for a turnkey project.
Opportunities to invest in Renewable Energy UK-Milao Haath
An alternative would be that CarltonPower further supports the development and implementation of the project on behalf of a financial investor, and Carlton Power is flexible and open to other types of partners.
Location
The project is located in Trafford Energy Park, in a long-time industrial area on the site of the old coal-fired power station. Trafford Energy Park is being developed as a multi-stage, multi-faceted energy development to support Greater Manchester’s net zero 2038 target – along with the UK’s net zero 2050 target.
These projects include:
the Li-ion Battery Energy Storage Project
a Cryobattery, Liquid Air Energy Storage (LAES) project
green hydrogen production
potential hydrogen fuelled Combined Cycle Gas Turbine (CCGT)
net zero industrial projects
Given the prior use of the site as the ash storage area of the former coal fired power station, implementation of the development will need to be managed to mitigate potential legacy ground contamination.
Connectivity
Manchester benefits from a major international airport and excellent rail and road links to the rest of the UK. This includes a 2.5-hour connection to London by train.
Local talent and skills
Manchester and Liverpool have strong industrial and services sectors with a highly trained and flexible workforce.
Also Read |
Why invest in the UK?
Waseem Shahid Malik CEO – Eco Energy Rating Ltd.
Environmental, social and governance (ESG) highlights
BESS is an essential enabling technology for net zero as the proportion of intermittent renewable power generation increases.
Promoters and partnerships
Carlton Power has been active in developing power projects in the UK for more than 25 years and has strong links with both local and national government organisations.
It has a proven track record of delivering more than 2.5GW of thermal and renewable energy projects, which are now in operation.
Waseem Shahid Malik CEO – Eco Energy Rating Ltd.
Weavers Cross transport-led regeneration project in Belfast
Adjacent to Ireland’s integrated largest transport hub, Weavers Cross is a 121,000m² mixed-use regeneration project.
Opportunities to invest in Renewable Energy UK,
Weavers Cross transport-led regeneration project in Belfast – Milao Haath
Belfast’s publicly funded, multi-million dollar transport hub will serve as the heart of the Weavers Cross project, accommodating 20 million passenger journeys one year.
By 2022, developer Translink will have secured a lead developer partner by Weavers Cross, which allows investors to participate later.
Weavers Cross transport-led regeneration project in Belfast – Milao Haath
Location:
Belfast
Investment type:
Capital investment – real estate
Sector:
(Greener buildings, Zero emission vehicles, Residential, Mixed use, Offices, Retail, leisure & creative, Infrastructure)
Project promoter:
Translink
Scale:
£400 million GDV
Planning status:
Planning application submitted
Time to Final Investment Decision (FID):
6-12 months
Waseem Shahid Malik CEO – Eco Energy Rating Ltd.
Also Read |
Why invest in the UK?
Sector and market opportunity
The Belfast Transport Hub is a flagship project for the Northern Ireland Executive. It is completely publicly funded construction is underway.
This project comprises a multi-sector/mixed-use opportunity arranged a range of sites near the Transport Hub under the same ownership.
It allows for an incremental, risk-averse approach to development in line with market demand. Find the latest research on all sectors at CBRE.
Waseem Shahid Malik CEO – Eco Energy Rating Ltd.
Location
Northern Ireland is uniquely positioned within the UK having retained tariff-free access to both the UK and European Union.
The opportunity enjoys a unique location in an established commercial part of Belfast City Centre, the capital of Northern Ireland.
The addition of the publicly funded transport hub will generate one of the busiest footfalls in the country when it opens in 2024.
Waseem Shahid Malik CEO – Eco Energy Rating Ltd.
Connectivity
Weavers Cross benefits from excellent road, rail, and air infrastructure across the island of Ireland.
It is only a 1-hour flight from London and less than 2 hours from Dublin by car and is only a few minute’s drives from the M1 and M2 motorways, the Port of Belfast, Belfast International Airport, and Belfast City Airport.
Belfast’s transport hub will make it easier to get around Northern Ireland by both train and bus travel It will also welcome Enterprise Service, a direct
train service running from Belfast to Dublin city center, as well as cross-border bus services to Dublin and Dublin Airport.
Weavers Cross will integrate with the popular Cross-Service City Glider, an innovative bus rapid transit system linking East and West Belfast.
Weavers Cross also has strong cycling and walking connections within the Belfast region.
Belfast has the highest availability of ultra-fast broadband in the UK and the fastest direct broadband from Europe to North America.
Waseem Shahid Malik CEO – Eco Energy Rating Ltd.
Local talent and skills
Around 61% of all jobs in Northern Ireland are in Belfast. The country has a young population, with 53% of the population under 40.
Over 70% of companies choose to reinvest in Northern Ireland, it’s already home to over 1,100 international investors it is including Allstate, Citi, Seagate, Spirit AeroSystems, and FinTrU.
Two of the world’s leading universities are within easy reach of Weavers Cross; more than 73% of his research is considered world-leading or
international awards. There are also two hospitals within walking distance, each with significant R&D capabilities.
Research and expertise
Weavers Cross is a flagship project for the Executive of Northern Ireland and is seen as a major catalyst for the region as a whole. It is so important it has the support of public sector stakeholders such as Belfast City Council, the Executive Office, the Department for Infrastructure, Translink, Invest Northern Ireland and the Department for International Trade (DIT). ECD Minister Graham Stuart helped launch autumn 2020 marketing for the project with key local stakeholders.
Opportunities to invest in Renewable Energy UK,
Also Read |
Why invest in the UK?
Waseem Shahid Malik CEO – Eco Energy Rating Ltd.
Contact:-
Waseem Shahid Malik CEO – Eco Energy Rating Ltd.
When opportunity presents itself don’t be afraid to go after it …