Harmony Energy Income Trust’s Farnham Site Successfully Energised

Written by
Jack Kelly
Harmony Energy Income Trust plc (HEIT), which invests in battery energy storage systems (BESS), is pleased to announce that its 20 MW / 40 MWh Farnham project (located in Surrey) has been successfully energised and is expected to be fully operational by the end of June 2023.

Harmony Energy Limited (HEL) developed the project with Tesla managing construction with oversight from the Harmony Energy Project Team. Farnham will be operated through Autobidder, Tesla’s algorithmic trading platform, which has also been deployed at the Company’s Pillswood and Broadditch projects.

Peter Kavanagh, CEO of Harmony Energy said:

“Farnham is the Trust’s third project to be energised, taking the total operational capacity to 129 MW. Looking ahead, we remain on track to increase the operational capacity of the Company’s portfolio to over 300 MW by year end.

“It is also a significant achievement for Harmony Energy Limited. Following the successful energisation of the Pillswood site, Europe’s largest battery energy storage project (by MW), Farnham is the fourth site we have developed and delivered through construction.

Peter added: “Our focus is on playing an integral role in the UK’s transition to renewable energy. With the development of battery energy storage systems, we can support the full potential of renewable energy in the UK.”

Find out more about the Harmony Energy Income Trust by visiting the HEIT website.

Harmony Energy Income Trust

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