Investor NextEnergy Capital has received a US$110 million capital commitment for its solar PV and energy storage-focused fund, NextPower V ESG (NPV ESG).
Developer NatPower has claimed it will invest £10 billion (US$12.8 billion) in the UK’s battery energy storage system (BESS) market, targeting 60GWh of deployments by 2040.
Energy-Storage.news Premium sits down with Helena Li, executive president at Trina Solar, to discuss the launch of Elementa 2, the group’s new integrated battery storage solution.
UK-based clean energy developer Harmony Energy now has a pipeline of BESS projects that are ready-to-build in France, Germany and Poland, its chief investment officer said at the Energy Storage Summit EU in London last month.
A 150MW battery energy storage system (BESS), to be deployed along with 373MW of solar PV as part of the Cleve Hill Solar Park project, has reportedly been rejected by the local planning authority in the UK.
London Stock Exchange-listed battery storage investment firm Harmony Energy Income Trust (HEIT) has predicted that it can generate “attractive returns” despite the ongoing woes in battery energy storage revenues in the GB market.
We hear from industry sources about why we’ve seen a flurry of investors acquiring energy storage developer-operators in the UK and Germany, Europe’s two largest markets by BESS deployments.
UK firm G2 Energy is moving into full BESS wrapped EPC services under its new owner Mitie, having focused on a grid connections and balance-of-plant (BOP) engineering services prior to its predecessor company’s bankruptcy last year, CEO Kelvin Ruck said.
The UK electricity system operator’s T-4 Capacity Market Auction (CMA) for delivery year 2027/28 cleared earlier this week (27 February) after two rounds at an “all-time high” clearing price of £65 (US$82.23)/kW/year.
Masdar Arlington Energy, Renewable Power Capital and TagEnergy have broken ground on, acquired and financed projects UK battery energy storage system (BESS) projects totalling 162MW of power.
