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Anesco named a leading player in energy storage

 

Utility scale battery storage unit

Anesco utility scale energy storage unit

Energy efficiency solutions company, Anesco, has been named one of the UK’s top providers of energy storage by a respected industry league table.

Energy Storage 100, compiled by Solar Media, highlights the top 100 businesses who are most likely to make a significant impact. It recognises those who are shaping the UK market and promoting the long-term, sustainable growth of the sector.

As an early pioneer of battery storage, Anesco was the first company in the country to introduce residential and commercial scale battery storage solutions, installing its first unit – a 250kWh battery connected to an existing solar farm in Dorset – in September 2014.

The company now has units totaling 20MW in either operation, construction or delivery and is the largest commercial developer of such schemes in the UK. A further 50MW is due for installation by the end of this year, with 100MW planned for both 2017 and 2018.

Commenting on the listing, Delvin Lane Anesco CEO, said: “We’re delighted to feature in the energy storage league table. At Anesco we have a strong track record of being first to understand and introduce new technologies, and energy storage is no different. We installed our first utility scale and residential units back in 2014, and since then our offering has gone from strength to strength.”

He continued: “If we are to decarbonise the electricity network then the ability to store energy and reduce the strain placed on the grid, particularly at peak usage times, is going to be critical. Energy storage solutions support the use of renewables as they provide the flexibility that is needed to be able to match generation to supply and meet customer’s needs.”

Anesco’s first unit was connected to an existing solar farm based in Dorset. It was the first time that a solar park owner, energy supplier and energy efficiency solutions company had joined forces in this way. It went on to secure all three TRIAD payments and released power in the evening, when the UK grid required it. This enabled the solar farm to be registered as a non-intermittent generator, which was another first in the UK.

Delvin added: “The value now being placed on storage solutions is very encouraging, as if we are to reduce the country’s reliance on fossil fuels, while coping with growing power demands, then effective and sustainable power systems need to be in place. The ability to store energy and match generation with demand is a vital part of that.”

Anesco works with clients ranging from major corporations to small businesses and individuals, helping to drive carbon reduction and transform energy use. To date, the company has helped to raise over 275,000 people out of fuel poverty and the technologies it manages and has deployed are generating over 500MW of renewable energy – enough energy to power to over 130,000 homes.

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Green energy firm cements reputation as one of Britain’s fastest growing companies

 

 

Solar panel long with sky

Anesco, the UK’s leading energy efficiency solutions provider, has achieved a 33% growth in revenue in the last financial year, with its turnover now hitting £213m and an operating profit of £25.1m.

The figures cement Anesco’s reputation as one of the fastest growing companies in Britain, with further growth expected and forecasts pointing towards a turnover of £500m by the 2019/20 financial year.

Reading-based Anesco, which recently topped the Sunday Times Profit Track 100 list, works with businesses, local authorities and homeowners to reduce their carbon emissions.

Demand for its services, which include solar PV, ground source heat pumps and lighting design, installation and maintenance, has seen both its turnover and workforce swell. The company now has more than 150 permanent members of staff and up to 600 contractors and 103 supply chain partners and logistics staff employed at any one time.

Anesco’s recent innovations include being the first to introduce commercial scale battery storage, with over 20MW in either operation, construction or delivery. It was also the first to roll out residential battery storage solutions and to launch the ESCO model in the UK, which offers organisations fully funded energy efficiency solutions.

Solar energy measures Anesco has under management generate over 586MWh of power – enough to supply more than 154,000 homes for a year – whilst its residential energy business has helped raise over 275,000 people out of fuel poverty.

Last month Anesco was ranked number one in The Sunday Times’ Profit Track 100 list, having grown its operating profits by an average 179% a year since 2012, reaching £21m in 2015. The latest financial results from Anesco show the operating profit for 2016 stands at £25.1m.

The organisation has been named one of the country’s fastest growing private companies for the last two years and is recognised as one of the top 100 cleantech firms in the world. Its senior team has been named BVCA management team of the year for three years running – an achievement never before seen in the history of the awards.

Looking ahead the company plans to keep building on its strengths and expertise to benefit others, with several community energy projects in the pipeline and further partnerships with the likes of the RSPB aiming to boost the diversity of wildlife at its solar farm sites.

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