Investment management firm Gresham House is to float an energy storage fund on the London Stock Exchange next month, with an aim to raise £200 million to fund 262MW of energy storage projects over the next year.
UK Power Reserve, a British developer of flexible electricity assets, has confirmed that battery storage solutions from Fluence will be used to build out its entire 120MW portfolio of projects.
International battery brand Duracell is set to launch a home energy storage system in partnership with a UK energy supply and services company which claims it has enabled big increases in revenues available to owners of the devices.
First developed by NASA, flow batteries are a potential answer to storing solar – and wind – for eight to 10 hours, far beyond what is commonly achieved today with lithium-ion. In the second of a two-part special report, Andy Colthorpe dives deeper into questions of bankability, market segmentation and manufacturing strategies with four very different providers of flow energy storage technology.
While the relationship between renewable energy and energy storage is a close one, combining storage with natural gas is also an important stepping stone measure in the transition to 100% renewables, Energy-Storage.news has heard.
Installations of sonnen’s latest hybrid battery storage units are underway, alongside new residential solar arrays, as part of a Local Energy Market (LEM) being built by one of the UK’s largest energy companies to test the capabilities of a virtual marketplace of distributed energy resources.
Gore Street, the UK’s first listed fund targeting energy storage specifically, has acquired two battery storage projects from Origami Energy, taking its portfolio to 29MW across four projects.
The European Commission’s decision to end the minimum import price (MIP) on solar imports from China sends the wrong message about Europe’s future support of the battery storage industry, according to a key figure at French power giant, Total.
Food wholesaler Philip Dennis Foodservice has installed energy storage units totalling over 4MW at one of its UK offices in an effort to generate revenue from grid services, rather than making savings from behind-the-meter activity.
