Saturday, October 5, 2024

‘Huge boost’ for region as £300m green energy plant to create hundreds of jobs

Must read

A £300m energy storage plant that could create hundreds of jobs is being built in Carrington – and its backers say shows Greater Manchester is leading the way in helping the UK go green.

Highview Power has been backed by energy giant Centrica and the UK Infrastructure Bank to build the first commercial-scale liquid air energy storage (LAES) plant in the UK, at Carrington.




The company says building work will start immediately and the plant, which got initial planning consent in 2021, should be operational by early 2026. Highview says the project will support 700 jobs in construction and the supply chain while it’s being built.

The plant will store power generated by wind turbines – and then release it back into the grid when needed. It means excess electricity generated when it’s windy won’t go to waste, while stored energy can be used when turbines aren’t spinning.

The £300m funding package includes investment from some of the biggest names in business, including mining and metals giant Rio Tinto and investment giant Goldman Sachs.

Greater Manchester Metro Mayor Andy Burnham said: “My vision is for Greater Manchester to be a leader in the green transition – and Highview Power’s decision to build one of the world’s largest long duration energy storage facilities at Carrington is a huge boost for the region.

“This new plant will deliver renewable energy to homes and business across our region and bring world-leading technology, jobs, skills and investment to Greater Manchester. I’m delighted to welcome Highview Power.”

Highview Power is planning to build four more storage sites across the UK.

Latest article