Work has started at a battery storage site lauded as the largest of its kind under construction in the UK by developers Harmony Energy and Fotowatio Renewable Ventures.
A new 50MW battery storage site in the UK will be another example of how batteries are benefiting the grid and offering returns for investors, the company behind the project has said.
Highview Power, currently the world’s only provider of a liquid air energy storage (LAES) technology which enables bulk, long-duration storage of energy, will get a new CEO as it targets a rollout of its systems at large-scale around the world.
It’s been a long time since the UK built any new pumped hydro capacity. Among new projects proposed, Coire Glas in Scotland could be pivotal, says Andy Sloan at consultancy COWI and John Ord from Stantec.
Greece’s electricity market holds the potential to become an important European market for energy storage technologies like lithium-ion batteries in the coming months and years.
Energy Vault has become the latest startup with a novel, non-lithium battery energy storage technology to attract significant investment, raising US$100 million through a Series C funding round.
Scotland-headquartered multinational energy company SSE has acquired development rights for its first 50MW battery storage asset from developer Harmony Energy.
