MUNICH, Oct. 16, 2024 /PRNewswire/ -- Recently, Trina Storage, a global leader in energy storage solutions, announced the successful grid connection and commissioning of the Maldon 40MWh Battery Energy Storage System (BESS) in collaboration with the renowned energy storage specialist Eku Energy. Located in Essex, England, this project marks Eku Energy's first commercially operational battery storage project in the UK. The deployed storage system features a rapid response capability of 350 milliseconds, providing crucial ancillary and balancing services to the UK national grid and local networks, effectively enhancing grid flexibility and stability.
As a global leading energy storage solution provider, Trina Storage leveraged its exceptional technical capabilities and extensive project experience to successfully complete the engineering design, system integration, and commissioning of the project, providing a solid guarantee for the reliability of the UK energy transition and power system. The 10-year contract with Eku Energy further underscores Trina Storage's dedication to ensuring the system's sustained performance.
Gabriele Buccini, Head of Energy Storage, Trinasolar Europe, stated, "We are delighted to partner with Eku Energy in the successful delivery of this milestone battery storage project. This achievement not only showcases Trina Storage's technological leadership in the energy storage field but also lays a solid foundation for our further expansion into the European market. We look forward to continuing to promote more efficient and sustainable energy solutions in the future."
Daniel Burrows, CEO of Eku Energy, commented, "The commissioning of the Maldon Battery Energy Storage System will provide support for the flexibility of the UK electricity network and the integration of renewable energy. Our collaboration with Trina Storage enabled the efficient implementation of this project, positively impacting the UK's energy transition."
As a leading company in energy storage solutions, Trina Storage is committed to promoting sustainable global energy development through technological innovation and high-quality localized services. The successful implementation of the Maldon project not only reflects Trina Storage's expertise in system integration but also further strengthens its competitive position in the international market. In the future, Trina Storage will actively expand its global business footprint and promote the realization of more high-quality energy storage projects, contributing significantly to the global energy transition.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Trina Storage powers Eku Energy in Completing its First Battery Storage Project in the UK
STUTTGART, Germany, Oct. 16, 2024 /PRNewswire/ -- Exyte, a global leader in the design, engineering, and delivery of high-tech facilities, has completed the acquisition of Kinetics Group. The transaction, announced in April 2024, closed on October 15, 2024, following receipt of all required regulatory approvals.
Kinetics is a globally recognized leader in installation services, equipment, and technical facility management. The company's expertise spans the biopharma, semiconductor, and high-tech industries, with operations across Asia, Europe, and North America. With the acquisition of Kinetics, Exyte significantly enhances the portfolio of its Technology & Services business area, reinforcing its position as a leader in high-tech facility solutions while also increasing its regional coverage.
"Through the acquisition of Kinetics, we are strengthening our capabilities and expanding our service offerings," says Exyte CEO Dr. Wolfgang Büchele. "Kinetics is an ideal addition to Exyte, allowing us to capitalize on the ongoing investments in high-tech facilities. Together, we will leverage new opportunities and continue providing our clients with innovative solutions."
With the transaction, Exyte also ventures into the field of technical facility management. Technical facility management services enable Exyte to extend its business activities beyond the engineering, planning, and construction phases, ensuring the continuity of its client relationships by offering services during operations.
Kinetics CEO Peter Maris adds: "Joining forces with Exyte provides Kinetics with a strategic partner committed to our sustained growth and excellence. Together, we will continue to serve our global clients with enhanced expertise and a broader range of high-tech solutions, ensuring ongoing success and innovation."
Strategic expansion of Technology & Services
Kinetics will operate within Exyte's business area Technology & Services, leveraging the combined strengths to foster innovation and growth. The business area consists of entities that provide cleanroom technology, installation services, and equipment for subsystems to their clients as well as off-site manufacturing (OSM). Exyte is currently pursuing its "Pathway to Ten" with the goal to achieve ten billion euros in sales by 2027. The business area Technology & Services is expected to contribute significantly to the company's success in the coming years.
About Exyte
Exyte is a global leader in the design, engineering, and delivery of ultra-clean and sustainable facilities for high-tech industries. With cutting-edge expertise developed over more than a century, the company serves clients in the sophisticated markets of semiconductors, battery cells, pharmaceuticals, biotechnology, and data centers. Exyte offers a full range of services from consulting to managing the implementation of complete solutions with the highest standards in safety and quality to its customers worldwide. Exyte creates a better future by enabling key industries to enhance the quality of modern life. In 2023, the company generated sales of €7.1 billion with around 9,900 employees worldwide. www.exyte.net
More information about Kinetics can be found on www.kinetics.net.
Contact
Samy Abdel Aal
Public Relations Manager
Phone: +49 711 88044696
Mobil: +49 172 840 33 01
samy.abdelaal@exyte.net
www.exyte.net
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Exyte completes acquisition of Kinetics
