What is claimed to be the UK’s largest stand-alone battery storage facility has been successfully commissioned by Hazel Capital as the investor continues to build its energy storage project portfolio.
Nancy Pfund is managing partner at DBL Partners, a venture capital firm which specialises in investing in companies and start-ups that offer both rewarding financial returns, and positive social impacts. There have been some serious clean tech companies in DBL’s portfolio, including a pre-IPO investment in Tesla. With this in mind, we spoke to Nancy about how to invest in energy storage wisely and heard her views on the waves of the future. Part 2 to be published tomorrow.
Last year was a “seminal year” for energy storage, where the technology moved from “dream to reality”, according to impact investor Nancy Pfund, one of the earliest backers to Tesla and SolarCity.
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.