The hybrid power solutions company - formed in early 2020 by energy veteran Mark Patterson and his two sons Harry and Philip - has substantially heavily in technology to meet the growing challenge of storing and using electricity produced from renewable sources.

The firm is now preparing for a major fundraising campaign to ensure it has the right level of funding to exploit the opportunity and build a business capable of creating hundreds of green energy jobs in Scotland.

Using a range of mobile, modular energy storage systems with large capacity battery storage, CNE aims to increase green electrification and reduce carbon emissions.

Mark Patterson, chairman and interim chief executive, said: “Green power has advanced but the challenge in storing that power leads to significant waste - the drive towards electrification, coupled with the rising need for energy storage, means there is a massive, global demand for our systems.

“Capacity has been lacking for years leading to in excess of £100m of taxpayers’ money being spent year on paying windfarms to stop producing - this could be diverted into storage and delivering the power when we need it.

“Being able to deliver green power to remote sites, for example, is a game-changer for connectivity in relation to electric vehicles. The applications for sizeable electric storage systems are immense and the need is right now.”

CNE’s eGen battery storage units have a 10-year lifecycle, with power capacity ranging from 1MW to 5MW in the form of a mobile unit, with a suite of smaller static modules that can also be combined to create mega storage banks.

CNE has already secured a long-term agreement for the supply of green wind power with renewables developer Muirden Energy, headquartered in Turriff, Aberdeenshire.
Harry Patterson, chief operating officer of CNE, added: “Through long-term contracts, we will supply the green power customers want to move to, minimising the major capital expenditure of costly infrastructure.”

He added that said the products - which currently use lithium-ion technology - would be ideal for ports, construction sites, hospitals, supermarkets, businesses and for roadside charging in remote locations.

CNE is separate from the Patterson family’s Aberdeen-based investment group Mansefield, which has put money behind the new battery venture.

Mr Patterson senior will hold the chief executive role on an interim basis while CNE secures investment, at which point he will step away from the top job.