The UK’s first listed fund for energy storage is setting out to raise £100 million (~$139 million) for investment in battery projects, with a seed portfolio of an estimated 18MW/20MWh already arranged.
UK demand response aggregator Flexitricity has successfully secured gas and electricity supply licences from regulator Ofgem, giving the demand response aggregator the green light to enter the country’s balancing mechanism.
German energy giants E.On and RWE have reached an agreement on a major exchange of business activities, promising a significant shake-up of the duo’s energy interests.
India-based solar manufacturer and EPC player Vikram Solar has signed a collaboration agreement with the French Alternative Energies and Atomic Energy Commission (CEA), while at the founding ceremony of the International Solar Alliance (ISA).
Utility Enel has been offering the reward of collaboration and testing agreements to “new technologies, architectures and control strategies” that maximise the value and effectiveness of energy storage.
The UK’s Valuation Office Agency (VOA) is calling on the sector to engage with the development of business rates that will be applied to energy storage projects in 2022, including those attached to subsidy-free solar farms.
Consultancy and engineering firm Pöyry has been chosen to operate energy storage systems as part of a ‘cleantech showcase’ project, creating smart energy systems upon a cluster of Finnish islands.
Mis-selling, insurance risk and the failure of associated costs to fall alongside sell prices could hold back greater battery storage deployment in Britain, a panel discussion has revealed.
North Kesteven District Council, a local authority in England’s Midlands, has approved a near 50MW solar farm alongside planning consent for a 50MWh battery for Pegasus Group, adjacent to an existing 18MW solar farm.
