Foresight Group, one of the top five asset owners in UK solar, is expecting to close its first battery storage acquisition in the coming weeks as it looks to complement its existing infrastructure portfolio.

UK regulator Ofgem and the Department for Business, Energy and Industrial Strategy (BEIS) are planning to publish their response to the smart power call for evidence (CFE) in late May or early June.

Listed funds in the UK which own a significant portion of the country’s utility-scale solar PV assets are not currently convinced by battery storage’s feasibility, but remain primed to deploy the technology at scale when the time is right.

German power company innogy SE – the renewables arm of utility RWE – has completed its purchase of Belectric Solar & Battery.

Battery storage specialist Younicos has been selected by Centrica to design the 49MW battery storage project that was last week awarded a 15-year Capacity Market contract.

Developers who were successful in winning contracts within last week’s Capacity Market auction have lauded the “crucial role” battery storage is set to play in the future for the national grid.

Storage projects have landed more than 3.2GW of contracts in the latest UK provisional Capacity Market auction results.

Centrica, multinational major utility and owner of British Gas, is to launch a £19 million (US$24.2 million) UK pilot project which will assess the development of a virtual energy marketplace with renewables and storage at its heart in the UK.

German automobile giant BMW is to launch a new ‘Digital Charging Service’ (DCS) for its portfolio of electric vehicles early next year, promising to integrate EVs with national grids and on-site renewable generators.

Low carbon transport body Cenex has launched a technology demonstration trial of vehicle-to-grid (V2G) systems in three major European cities.