Key highlights Eneco will acquire a 50% interest in the project, comprising both development capital and construction equity Eneco will secure the entire storage capacity under a long-term offtake agreement for phase one of the project The transaction represents Eneco’s second agreement with Corre Energy, following its 15-year offtake agreement for the ZW1 project in […]
Corre Energy moves forward with a large compressed air storage project in the Netherlands – EQ Mag
Utility Eneco and Corre Energy have signed an agreement for the latter to deploy a 320MW, 84-hour duration compressed air energy storage system (CAES) in Groningen, the Netherlands. Dublin-based Corre Energy plans to build the facility in a salt cavern in the municipality of Zuidwending. Exploratory drilling will start in 2023 to assess if the […]
