Irish energy storage

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VRB Power Systems has entered into an agreement with Tapbury Management Limited of Letterkenny, Ireland for the sale of a 12MWH energy storage system.

has entered into a sale agreement with Tapbury Management Limited of Letterkenny,

for the sale of a 1.5 MW x 8 hour (12 MWH) VRB-ESS energy storage system.

Tapbury oversees the management of Sorne Hill Windfarm, a recently commissioned 32MW windfarm which is located in Buncrana, Inishowen, County Donegal, Ireland.

The 12MWH VRB-ESS will be coupled to Phase II of the Sorne project - an additional 6.9MW of wind power for which turbines have been ordered and are due to be installed during the autumn of 2007. This will make Sorne, at 38MW, one of the largest wind farms in Ireland.

The total contract value for VRB Power from this sale is approximately $6.3m. The sale is subject to the execution of final contracts between VRB Power and Tapbury. The sale is also conditional upon Tapbury completing its offtake and other commercial agreements, obtaining licences and permits for the system and completing its project finance requirements.

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