Investor EQT Infrastructure has acquired UK clean energy and battery storage developer-operator Statera, the latest in a flurry of deals in the UK market.

Wholesale trading revenues for UK battery storage systems grew 45% month-on-month in October, accounting for half of revenue growth, Modo Energy said.

Energy-storage.news sat down with energy storage integration company Shenzhen Enershare at the Solar & Storage Live 2023 event in Birmingham, England earlier this month.

CATL has signed an agreement with Quinbrook to deploy over 10GWh of its EnerC Plus battery storage technology over the next five years.

Pacific Green has secured £123.5 million (US$153 million) facility to support construction of its 1.5-hour, 249MW/373.5MWh BESS in Kent, UK.

The renewable energy IPP arm of UK utility SSE is to start building a 320MW/640MWh battery energy storage system (BESS), which could be the largest under-construction in the country.

In a trio of UK battery storage announcements, EDF Renewables has commissioned a 50MW battery energy storage system (BESS), while TagEnergy and Exagen have progressed two projects totalling another 175MW.

The intentions of battery storage developers and operators from the UK in Poland and CEE are ‘not very concrete’ with most just ‘getting a feel’ for what’s out there, sources said. 

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.