UK Infrastructure Bank plans to invest up to £265 million (US$331.45 million) in energy storage development in the UK, in partnership with British Gas owner Centrica Plc.
The decision by the new owners of UK gigafactory startup Britishvolt to pivot its initial focus towards energy storage rather than EVs has pros and cons, a senior industry consultant told Energy-Storage.news
British renewable energy investment company Thrive Renewables is offering Bristol Energy Co-operative up to 20% investment in its new 20MW/30MWh battery energy storage project, in a first for co-ownership.