Axiscades Subsidiary Wins UK Energy Storage Project
By Rediff Money Desk, New Delhi Aug 20, 2024 16:32
Axiscades subsidiary Epcogen has secured a contract from Highview Power to build the world's largest liquid air energy storage facility in the UK. The project will provide power to over 1 million homes.
![Axiscades Subsidiary Wins UK Energy Storage Project](https://im.rediff.com/money/2016/jun/08energy.jpg)
New Delhi, Aug 20 (PTI) Homegrown engineering solutions provider Axiscades on Tuesday said its subsidiary Epcogen has bagged an energy storage project from UK-based Highview Power.
The project is expected to generate 50 MW of power for 6 hours, aggregating to 300 MW, according to a company statement.
"Subsidiary Epcogen has been awarded a long-term contract by Highview Power, a British energy storage technology producer. This project will feature the world's largest liquid air energy storage (LAES) facility, supporting a 50 MW, 300 MWh (six-hour) long-duration energy storage capacity to provide power to over 1 million homes in the UK," the company said.
The project will be set up on an engineering, construction and procurement (EPC) basis at Carrington in Manchester over a period of 20 months, the company said, adding that the commercial operation at the site is planned to begin in 2026.
Epcogen has been engaged by Highview Power to provide multi-discipline engineering activities, including process detailing, technical safety, static, rotary, piping, civil structural, electrical, instruments, and telecom. The project is now moving into the EPC execution stage.
Highview Power is globally renowned for developing long duration energy storage technology from renewable sources.
"This contract represents a significant opportunity to enhance our engineering proficiency and strengthen our commitment to supporting innovative energy solutions that drive sustainability and efficiency, Arun Krishnamurthi, CEO and MD of Axiscades, said.
John Goldie, Programme Director at Highview Power, said, We are looking forward to continuing to build and further our relationship with Epcogen which we have developed during the pre-execute phase of the Carrington project."
Bengaluru-based Axiscades is a leading end-to-end engineering and technology solutions provider, catering to sectors such as aerospace, defence, heavy engineering, automotive and energy, among others.
The project is expected to generate 50 MW of power for 6 hours, aggregating to 300 MW, according to a company statement.
"Subsidiary Epcogen has been awarded a long-term contract by Highview Power, a British energy storage technology producer. This project will feature the world's largest liquid air energy storage (LAES) facility, supporting a 50 MW, 300 MWh (six-hour) long-duration energy storage capacity to provide power to over 1 million homes in the UK," the company said.
The project will be set up on an engineering, construction and procurement (EPC) basis at Carrington in Manchester over a period of 20 months, the company said, adding that the commercial operation at the site is planned to begin in 2026.
Epcogen has been engaged by Highview Power to provide multi-discipline engineering activities, including process detailing, technical safety, static, rotary, piping, civil structural, electrical, instruments, and telecom. The project is now moving into the EPC execution stage.
Highview Power is globally renowned for developing long duration energy storage technology from renewable sources.
"This contract represents a significant opportunity to enhance our engineering proficiency and strengthen our commitment to supporting innovative energy solutions that drive sustainability and efficiency, Arun Krishnamurthi, CEO and MD of Axiscades, said.
John Goldie, Programme Director at Highview Power, said, We are looking forward to continuing to build and further our relationship with Epcogen which we have developed during the pre-execute phase of the Carrington project."
Bengaluru-based Axiscades is a leading end-to-end engineering and technology solutions provider, catering to sectors such as aerospace, defence, heavy engineering, automotive and energy, among others.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Zomato
- 263.00 (+ 0.27)
- 210300584
- GTL Infrastructure
- 2.81 ( -2.09)
- 29254970
- Vodafone Idea L
- 15.94 ( -0.13)
- 28664688
- Filatex Fashions
- 1.35 (+ 1.50)
- 26589865
- Ola Electric Mobilit
- 137.72 ( -5.69)
- 20176730
MORE NEWS
![IDBI Bank Raises...](https://im.rediff.com/80-80/getahead/2020/nov/04fd.jpg)
IDBI Bank Raises FD Rate to 7.85% for 444 Days
IDBI Bank has increased its fixed deposit rate to 7.85% for a 444-day tenure, aiming to...
BIS Hackathon: Boosting Awareness of Indian...
The Bureau of Indian Standards (BIS) launches a hackathon to create an online platform...
![Paddy Sowing Area...](https://im.rediff.com/80-80/money/2018/sep/25paddy.jpg)
Paddy Sowing Area Up 6% in India
India's paddy acreage has increased by 6% in the ongoing kharif season, while pulse...