Statkraft Buys Loch Ness Battery Storage Project

GALWAY, IRELAND--December 26, 2023--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--A major 450-megawatt (MW) hydropower scheme located above the famous Loch Ness in Scotland will move forward following the £550 million (US$697 million) buyout of the project by Norway's state-owned energy company Statkraft (Oslo, Norway). Within this article: Details takeover of Scottish battery energy project, capacity, investment, timescale, related projects