Developer Eku Energy, backed by global investor Macquarie, and system integrator NHOA will start building two battery energy storage system (BESS) projects totalling 130MWh.
The commercial manager for Balance Power, one of two UK developers to have announced project approvals this week, has questioned whether the market standard 2-hour duration is enough for net zero.
The closure of UK battery storage specialist EPC and independent connection provider (ICP) firm G2 Energy has been confirmed by Companies House, with a senior manager describing “unsympathetic clients” in comments given to Energy-Storage.news and that the bulk of the team is joining outsourcing giant Mitie.
New company Allye Energy has raised £900k (US$1.1 million) to scale up production of its mobile battery energy storage system (BESS) using second life EV batteries.
Investor DIF and renewable energy optimiser Pexapark have announced what they claim is the UK’s ‘first bankable and unsubsidised co-located PPA’, for a solar and storage project.
A roundup of battery storage news in the UK, with projects from Centrica, Pulse Clean Energy, Habitat Energy and Gore Street, as the country’s operational capacity reaches over 3GW.
London-based investor NextEnergy Capital has closed a US$480 million tranche of investment in its NextPower V ESG (NPV ESG) fund, which is targeting solar and battery storage.
Energy trader Danske Commodities will optimise a BESS for parent company Equinor, while optimisation specialist Habitat Energy will manage a large fleet for investor Gresham House.
Renewable energy developer TagEnergy has closed a €570 million (US$622 million) green bond for its solar, wind and energy storage pipeline in the UK, Europe and Australia.
