Energy storage manufacturer HiTHIUM has announced that it will collaborate with solar PV and energy storage developer Elements Green to deliver a 720MWh battery energy storage system (BESS) project.
Under the deal, HiTHIUM will supply multiple units of its 5MWh BESS DC block for the construction of Elements Green’s 360MW/720MWh Staythorpe BESS, located in Nottinghamshire, England. Construction of the site has already begun, in collaboration with G2 Energy, a firm owned by engineering powerhouse Mitie, with Elements Green having made an agreement with G2 for design and construction services for the project earlier this year.
The Staythorpe BESS project, which was granted planning consent in June of last year, is set to be fully commissioned in mid-2027. The BESS will connect into the nearby Staythorpe substation through a 400kV.
Mizhi Zhang, president of global business at HiTHIUM, called the deal “a testament to HiTHIUM’s unwavering commitment to innovation and sustainability”, adding that the project is “a cornerstone of our strategy to lead the global energy storage market and empower a cleaner, more sustainable future”. Zhang also commented: “By deploying our advanced BESS technology at scale, we are not only supporting the UK’s energy transition but also setting a benchmark for grid resilience and renewable integration worldwide.”
Earlier this month, Elements Green secured a major funding injection courtesy of Danish investor Copenhagen Infrastructure Partners (CIP). The two firms have inked an €80 million (£69.5 million) platform financing agreement, structured through CIP’s Green Credit Fund I (CI GCF I). The funds from this agreement will be used to develop and construct Elements Green’s solar PV and BESS pipeline, which currently totals over 13GW of combined solar and BESS capacity.
Last week, Elements Green revealed in a post on LinkedIn that it had secured financial close on the Staythorpe BESS project, with a £140 million credit facility being supplied by Private Credit at Goldman Sachs Alternatives, for which IDCM acted as financial advisor to Elements Green. Commenting on the financial close, James Gates, CIO of Elements Green, said that the funding “marks a significant step forward for Elements Green and for battery storage in the UK.” He added that the partnership with Goldman Sachs Alternatives and the advisory support of IDCM “demonstrates the confidence in our platform and our ability to deliver high-impact energy projects at scale.”