Lithium power storage company in Manchester UK

Who funded Highview Power's Liquid air storage plant in Manchester?

UK scaleup Highview Power has secured £300mn to build a liquid air storage plant in Manchester. The UK government’s Infrastructure Bank led the funding round. Investment bank Goldman Sachs, British energy firm Centrica, and mining giant Rio Tinto also took part.

Where is Highview Power storing liquid air energy?

A render of Highview’s liquid air energy storage facility near Manchester. Image: Highview Power. Liquid air energy storage firm Highview Power has raised £300 million (US$384 million) from the UK Infrastructure Bank (UKIB) and utility Centrica to immediately start building its first large-scale project.

What is Highview Power Storage?

In addition to Carlton’s two projects, Highview Power Storage is planning to build and operate the world’s first commercial liquid air storage system.

When will Trafford be able to build a battery storage scheme?

Planning permission for the BESS was granted by Trafford Council, the local planning authority. Subject to a final investment decision, construction of the battery storage scheme is expected to begin in the first quarter of next year (2024) with it entering commercial operation in the final quarter of 2025.

How does levistor energy storage work?

Its patented technology is based on a simple principle: raising and lowering a heavy weight to store energy. Levistor has developed a unique, low-cost flywheel energy storage system that they are using to boost the grid for ultra-rapid EV charging (350kW). Industrial Power Response develops energy storage systems for intensive applications.

Where is the world's largest liquid air battery facility planned?

This was published under the 2019 to 2022 Johnson Conservative government The world’s largest and first commercial liquid air battery facility is planned for Trafford, Greater Manchester, creating over 200 jobs and putting the city at the forefront of the latest green technologies.