INOX India Ltd (INOXCVA) secured a major contract from Highview Power, UK, for its Liquid Air Energy Storage (LAES) project in Carrington, Manchester.
Under the agreement, INOXCVA will supply five vertical 690kl high-pressure EN design vacuum-insulated cryogenic tanks. These will be the largest shop-fabricated vacuum-insulated industrial gas tanks the company has ever produced.
This deal marks a significant milestone in INOXCVA’s growth and cements its presence in the rapidly expanding energy storage industry, especially in the global cryogenic equipment market.
A Key Partnership
Siddharth Jain, Promoter and Non-Executive Director, INOX India Ltd, expressed happiness over the partnership with Highview Power.
He highlighted the project’s potential to revolutionize the renewable energy sector, emphasizing INOXCVA’s technological expertise in cryogenic solutions.
Jain also reaffirmed the company’s commitment to investing in the UK’s energy storage infrastructure and driving the shift toward cleaner energy sources.
Net Zero Vision
Richard Butland, Co-Founder and CEO, of Highview Power stressed that the partnership aligns with Highview Power’s objective of achieving net zero emissions in the UK.
A critical role is set to be played by the Carrington project in transforming the UK’s renewable energy storage capacity, which will be essential for supporting the country’s net-zero goals.
A Game-Changer
Highview Power is building the world’s first commercial-scale LAES long-duration energy storage facility in Carrington, Manchester, using its proprietary technology.
Once operational, the facility will have the capacity to store 300 MWh of energy. It will discharge 50 MW for up to six hours.
The innovative project will address the intermittent nature of renewable energy sources. It will ensure that the UK’s energy grid remains stable and resilient.
As reported by manufacturingtodayindia.com, renewable energy continues to grow. The Carrington LAES project will become a vital part of the infrastructure needed to ensure consistent and reliable energy storage. It will contribute significantly to the UK’s broader goal of achieving Net Zero emissions.
