Gore Street Energy Storage Fund, one of two stock exchange-listed investment funds in the UK dedicated to energy storage, is proposing a new issue of ordinary shares at 102 pence (US$1.41) per share to raise further capital for its development pipeline of 1.3GW.
Gore Street Energy Storage Fund, a publicly listed energy storage investment funds in the UK, is entering its portfolio into the Dynamic Containment grid services market while it has 100MW of projects in Northern Ireland nearing completion.
A 50MW battery storage site in Northern Ireland, UK, has been energised by developer Low Carbon and investment fund Gore Street Energy Storage Fund.
Gore Street Energy Storage Fund has awarded NEC Energy Solutions both EPC and long-term O&M contracts for 100MW of storage in Northern Ireland.
Statkraft is laying claim to the first utility-scale battery in the Republic of Ireland with the completion of an 11MW project.
One of the UK’s first stock exchange-listed energy storage funds has entered into agreements to acquire a 160MW portfolio of battery storage projects in Northern Ireland and the Irish Republic.
Northern Ireland’s Queens University Belfast (QUB) has found that battery-based energy storage can provide inertial response for system reliability much more efficiently, at a lower cost and with substantially reduced emissions than thermal generation. Dr Marek Kubic at Fluence, which is working with QUB, explains.
UK energy regulator Ofgem has published guidance outlining how developers and asset owners can add storage to their subsidised solar installations without losing accreditation to the Renewables Obligation (RO) and Feed-in Tariff (FiT).
A new redox flow battery demonstration project was launched in Belfast, Northern Ireland, this week.
The UK and Ireland subsidiary of the Virginia-headquartered AES Corporation has signed an agreement with a Northern Irish government agency to build a 100MW battery storage array.
Ireland-based renewable energy and storage firm Gaelectric has formally filed a planning application and environmental impact assessment for its 330MW compressed air energy storage (CAES) project in Northern Ireland.