The Gore Street Energy Storage Fund has funded 160 MW of battery storage schemes in Northern Ireland and the Republic of Ireland . It has also secured £ 30 m ( $ 38 m ) from Ireland 's National Energy Energy fund ( NTMA ) . The battery storage projects include two 50 MW sites in Northern Ireland and two 30 MW sites in the Republic of Ireland . NTMA will provide 40 % of total costs , which are around £ 77 m , and Gore energy is raising up to £ ##50 m from a proposed bond issue . The company has also agreed an option to buy a further 190 MW of energy storage schemes in Ireland .
The Gore Street Energy Storage Fund has bought 160 MW of battery storage schemes in Northern Ireland and the Republic of Ireland. It has also secured £30m ($38m) from Ireland's National Treasury Management Agency (NTMA). The battery storage projects include two 50 MW schemes in Northern Ireland and two 30 MW sites in the Republic of Ireland. NTMA will provide 40% of total costs, which are around £77m, and Gore Street is raising up to £50m from a proposed share issue. The company has also agreed an option to buy a further 190 MW of energy storage schemes in Ireland.