Copenhagen Infrastructure Partners (CIP) has reached a final investment decision (FID) for two energy storage projects in Scotland. This investment decision is being made through CIP’s flagship fund, CI IV. These projects have a capacity of 500 MW / 1,000 MWh each. The projects are being developed as part of Alcemi’s partnership with CIP to deploy 4GW of energy storage projects across the UK at strategic locations.
Furthermore, with these projects Alcemi has reached capacity under construction equivalent to 1.5 GW/3 GWh. The two projects are: the Devilla Energy Storage Project and the Coalburn 2 Energy Storage Project. The Devilla Energy Storage Project is located on an 11.5-hectare site east of Kincardine (Fife). The grid connection for the project is scheduled for October 2027. The Coalburn 2 Energy Storage Project is situated on a 21.5-hectare former coal mine site east of Coalburn, just south of Glasgow (South Lanarkshire). The project is expected to be connected to the grid in August 2027.
Earlier in October 2024, CIP, through its Growth Markets Fund II (CI GMF II), made a final investment decision on a 220 MW/1,100 MWh battery energy storage system located in the Antofagasta Region of northern Chile.
