Varco Energy has secured debt financing facilities from bank NatWest to fund its pipeline of battery energy storage systems (BESS) in the UK.

The Poland arm of UK-based developer Harmony Energy is looking to bid in around 500MW of battery storage projects into the upcoming capacity market auction, executive director Michał Maćkowiak said.

Confirming reports made earlier this week, UK battery storage developer Zenobē Energy has secured c.£600 million from investment firm KKR.

UK battery storage project developer Clearstone Energy has unveiled the first project in a 2.2GW pipeline, the largest by an independent developer, it claimed.

Developer SENS has secured a 30-year land lease for a 40MW battery energy storage project in Södermanland, Sweden.

Developer Peregrine Energy Solutions has raised US$700 million in credit, equity and debt to go towards its US pipeline of energy storage, solar and wind projects.

UAE-based renewable energy developer AMEA Power has signed a long-term PPA with the national utility of Djibouti for a 25MW solar PV plus battery storage unit.

Canadian Solar has reiterated guidance that it expects to ship between 1.8GWh and 2GWh of BESS equipment during 2023.

A recent report by UK Electricity Networks Commissioner Nick Winser laid out how to halve the time needed to build up the grid infrastructure for net zero.

Origis Energy plans to use funding facility to develop 2GW of large-scale solar and energy storage projects in the US.