Paris, May 17, 2024 – Kyotherm announces the extension of its biodiesel generator park in Northern Ireland from 16 MW to 20 MW. Cool Planet will support Kyotherm as constructor, operator and shareholder of the project. The project will be commissioned in Q3 2024 and will make its power available to the Irish electricity grid.
The project aims to provide essential services to the Northern Ireland electricity network, such as capacity contracts, DS3 contracts and energy trading. This initiative is part of the region’s overall strategy to develop intermittent sustainable energy sources such as wind and photovoltaics. The generators installed and connected to the grid will help to ensure a secure electricity supply and reduce greenhouse gas emissions.
The extension of this project is the fruit of collaboration between several key players in the energy and sustainable development sector. Kyotherm is being supported by the CoolPlanet group, which consolidated its market position in 2021 by acquiring PowerHouse, one of the UK’s leading grid services companies.
Commissioning of the entire facility is scheduled for the third quarter of 2024. As well as contributing to the diversification of energy sources in Northern Ireland, this project will support the transition to a low-carbon economy.
The funding of this project for the additional 4 MW of biodiesel power generators will further ensure the long-term stability of the electricity network and the uptake of renewable energy sources in Northern Ireland.
Construction site – Credits: Kyotherm
About CoolPlanet Group
CoolPlanet is a global leader in industrial decarbonisation. Through a combination of technology and world-leading engineering expertise CoolPlanet enables complex organisations to reach Net Zero faster, at scale. For over 15 years, the company has been decarbonising large industrial, manufacturing and real estate organisations, helping them to take real and tangible actions to reduce their emissions. Operating in 17 countries, CoolPlanet has a global team of decarbonisation experts on a mission to bring the world closer to solving climate change. https://www.coolplanet.io/
About Kyotherm
Kyotherm is a European Energy-as-a-Service investment company and energy producer dedicated to renewable heating and energy efficiency projects, with varied technologies including solar thermal, biomass, geothermal, storage and waste heat energy as well as district heating networks and installations allowing reduced energy consumption. As of February 2024, it has financed, owns, manages, or has committed to fund a total of 55 projects, representing an aggregate capacity of 250 MW. The company is headquartered in Paris, France, and is present in 12 countries. www.kyotherm.com/en
