Kona Energy develops utility‑scale battery energy storage projects across the UK, aiming to build a 1,000 MW portfolio that balances supply and demand and increases renewable utilisation. The company sites batteries on 2–10 acre parcels near substations, covering all development costs and offering long‑term leases to landowners, while providing grid services such as frequency response, peak shaving, and renewable firming.
Funding
Funding not disclosed
Founders
Product
Problem
The electricity grid requires flexible resources to balance intermittent renewable generation with variable demand, but large‑scale battery storage capacity is limited, hindering the integration of clean power and the achievement of net‑zero targets.
Solution
Kona Energy develops grid‑scale battery energy storage projects across the UK, targeting a 1000 MW portfolio of flexible assets. By storing excess electricity when renewable output is high and discharging during peak demand, these batteries provide rapid response services that stabilise the grid and increase renewable utilisation. The company works with landowners to site batteries on 2–10 acre parcels near substations, covering all development costs and offering long‑term lease agreements. Kona Energy’s projects are designed to deliver reliable, low‑carbon power balancing while creating additional revenue streams for landowners and supporting investors focused on decarbonisation.
Target Audience
Primary customers are landowners with suitable acreage near substations and investors seeking exposure to large‑scale clean‑energy infrastructure projects.
Features
- Development of utility‑scale battery storage facilities ranging from megawatt to gigawatt capacity
- Site selection on modest land parcels (2–10 acres) close to existing electricity substations
- Full project financing and execution, including planning, grid connection applications, and construction at no cost to landowners
- Long‑term lease structures (up to 40 years) with upward‑only rent reviews to provide stable income for landowners
- Integration of battery assets into the national grid to provide frequency response, peak shaving, and renewable firming services