Bess Kunststoffpulver Co Ltd

Pioneering BESS in Asia Pacific. CHC is a leading pure-play Battery Energy Storage Systems (BESS) project development and electricity data management company. With our dynamic team and the depth our shareholders bring, we

What is the Bess project?

This project is being developed with the ability to expand from the initially planned 2-hour duration, 240MWh capacity, up to 4-hour duration and 480MWh capacity. The BESS project's target grid connection date is October 2026 and it will connect into the existing grid infrastructure on the USEP site.

How much does Bess project cost?

According to the Company's latest estimates, the BESS project will generate average annual revenues of £12m and annual average EBITDA of £9m per annum in its first five full years of operation. The estimated capital cost of the project is £65m, which includes the deferred consideration and transaction costs.

Who is Bess AG?

An owner-managed family business since 1988, we are now a dynamic and growing group of companies, headed by our holding company bess AG (Berlin, Germany). It is our vision to provide life sciences products of high value yet cost-effective, enabling us to become market leaders in as many of our medical fields as possible.

What is Bess group?

We utilize synergy within bess group to develop, manufacture and market specialty products that meet the exacting needs of physicians worldwide specializing in ear, nose, throat, respiratory, pulmonary and gastroenterological disorders.

Where will the Bess project be built?

The BESS project will be built on the site of the old cooling towers, which SAE is pleased to report have already been demolished in preparation for the construction phase. The project received planning permission in January 2024. The cooling tower site is large enough and has planning and grid connection rights for a BESS of up to 4-hour duration.

How long will a Bess system last in the UK?

For the UK government to achieve its Net Zero targets 4-hour plus duration BESS systems will become necessary in the future. This project is being developed with the ability to expand from the initially planned 2-hour duration, 240MWh capacity, up to 4-hour duration and 480MWh capacity.