LS ELECTRIC has started the construction of the Botley Energy Storage System (ESS) project in the UK, which acts as a key center for the company's expansion into the European renewable energy market.
A groundbreaking ceremony was recently held for the Botley ESS project, attended by more than 50 stakeholders, including LS ELECTRIC's Global/SE CIC President, Kim Jong-woo.
In April, LS ELECTRIC secured a contract valued at £73.56 million (approximately KRW 120 billion or $106 million) for the construction of the Botley ESS project. This endeavor represents LS ELECTRIC's largest ESS project outside of its home country and is expected to be completed by June 2024.
The project entails the installation of a 50 MW Power Conversion System (PCS) and a 114 MWh battery-based ESS system. This infrastructure will ensure a reliable supply of electricity from the Botley region to the National Grid transmission network, a major UK power utility.
LS ELECTRIC will oversee the entire process of the ESS system, including design, procurement, construction (EPC), and integrated operation (O&M), leveraging their expertise in smart energy projects at both domestic and international levels.
Through this project, LS ELECTRIC aims to accelerate its growth in the expanding European renewable energy market by entering the UK ESS sector. The company plans to utilize its technological capabilities in renewable energy, such as the Modular Scalable String Platform (MSSP), and leverage their overseas business experience gained from projects in the United States, Japan, and other countries, in order to achieve tangible outcomes in the local market.
