Together they marked Chapel Farm’s opening by reinforcing their support for the local community signing a memorandum of understanding with the Chalton Parish Council to co-fund community projects that will contribute to biodiversity, education and decarbonisation in the local parish.
Franck Woitiez, Chief Executive Officer of TagEnergy, said: “This is a momentous occasion for our business, the UK electricity market and the local community which continue to take significant steps in accelerating the journey towards decarbonisation in the UK and beyond.
“Support for the communities in which we operate is an integral part of our vision. We are proud to commemorate the opening of Chapel Farm by committing to support the local school’s green forest outdoor classroom.”
Peter Kavanagh, Harmony Energy’s CEO, said: “The completion and energisation of the Chapel Farm scheme is another significant milestone for us especially as it is the first JV project we have delivered with TagEnergy who have been a great partner.”
“Battery energy storage systems are essential to unlocking the full potential of renewable energy in the UK. These projects are not reliant upon taxpayer subsidy and will play a major role in contributing to the Net Zero transition, as well as ensuring the future security of the UK’s energy supply and reduced reliance on foreign gas imports.”
After TagEnergy acquired a 60% stake in Chapel Farm in November 2021, the green energy initiative was supported by a £12.5m funding package from another project partner, Santander UK. Construction commenced following financial close in March 2022.
Now live, Chapel Farm is using a system of Tesla Megapack lithium-ion batteries, together with Tesla’s Autobidder AI software for real-time trading and control. Leading independent renewable energy company RES is overseeing operations as asset manager.
Photographs from the event: Xavier Alexandre Pons