Developer Penso Power has signed a new agreement with global maritime group BW Group that will see the build-out of the former’s UK battery storage pipeline fully funded.
London-headquartered investment fund GLIL Infrastructure has invested £150 million into Flexion Energy, a “modern utility company and energy storage infrastructure specialist” which is aiming to build 1GW of energy storage in the UK over five years.
Solar module manufacturer and developer Canadian Solar has launched a US$150 million fundraise to support its growth strategy and build out a substantial battery energy storage business.
A 99.9MW energy storage project in development in northern England by Renewable Energy Systems (RES) has secured planning permission, with the asset set to be operational in late 2023.
Update 21 August 2020: A representative of Capital Dynamics contacted Energy-Storage.news with additional information on the sizing and capacity of the projects.
US-based energy storage technology provider Powin Energy has claimed it has a pipeline close to 500MWh of projects under contract, including recent awards totalling 70MWh for customers in North and Central America and in Italy.
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.
