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SAE Showcases Major Battery Storage Project to Welsh Cabinet Secretary

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An update from SIMEC Atlantis Energy Limited ( (GB:SAE) ) is now available.

SIMEC Atlantis Energy Limited recently hosted Rebecca Evans, the Cabinet Secretary for Economy, Energy and Planning, at its Uskmouth Sustainable Energy Park (USEP) to showcase one of the UK’s largest battery storage sites. The USEP project, which repurposes infrastructure from a former coal-fired power station, is crucial for economic growth and aligns with the Welsh Government’s decarbonisation goals. The project aims to deliver over 3.5GWh of battery storage, supporting renewable energy integration and network security, while attracting investment in new technologies like AI.

More about SIMEC Atlantis Energy Limited

SIMEC Atlantis Energy Limited, also known as SAE Renewables, operates in the renewable energy industry. The company focuses on sustainable energy solutions, including battery storage and renewable energy generation, with a market focus on supporting regional energy security and facilitating technological advancements such as AI.

YTD Price Performance: 29.73%

Average Trading Volume: 819,106

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £17.35M

See more insights into SAE stock on TipRanks’ Stock Analysis page.

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