VRB Power Systems
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,
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
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.
Subject to the performance results from this initial 12MWH VRB-ESS, Tapbury has the option to expand the power and storage elements of the system to cover the existing 32MWs of wind power at Sorne which would equate to approximately 50MWHs of additional VRB energy storage.
‘With approximately 3,000MW of wind energy in the application process in
‘In terms of our own portfolio of wind projects, we would have some 70-80 MW of wind projects which would be immediately enabled by this technology. We are currently in discussions with Bord Gais Energy Supply, in relation to the offtake of the VRB-ESS conditioned wind power from phase II at Sorne. Bord Gais Energy Supply is an Independent Energy Supplier in
‘This purchase is a significant milestone in the development of a real and credible alternative to fossil generation in
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