Successful optimisation of batteries co-located with wind is complex but could help “unlock a blueprint” for managing assets at portfolio level, the chief executive of UK software company Arenko has said.

Company valuations and developer premiums for project sales have come down in the UK market amidst rising financing costs and plummeting revenues.

UK battery storage investor Harmony Energy Income Trust (HEIT) has energised two grid-scale battery energy storage system (BESS) assets, including one of the same size as its flagship ‘largest BESS project in Europe’.

Renewable energy developer BayWa r.e. has got the green light to develop and build a 3-hour duration battery energy storage system (BESS) in the UK, set to come online in 2026.

Developers Innova and Banks Renewables have progressed two large-scale battery energy storage system (BESS) projects in the UK totalling 3.7GWh of capacity.

Developer Banks Renewables has unveiled plans for a 200MW/400MWh BESS in Scotland, the same week its parent company agreed to sell it to investor Brookfield.

Pacific Green has followed its ramp up of activities in the UK with moves to secure land for a pipeline of projects in Australia.

Quinbrook Infrastructure Partners has raised £620 million (US$750 million) for a UK-focused renewables fund, with solar, storage and flexibility assets a key focus.

UK prime minister’s decision to delay net zero policies is disappointing, but unlikely to deter its battery storage industry.

The optimisation arm of oil and gas major bp will provide power trading and optimisation services for two UK battery energy storage system (BESS) projects owned by Harmony Energy Income Trust (HEIT).