Europe’s biggest battery storage system earned £2.3 million (US$2.85 million) revenues in Q1 2023.

Renewable Power Capital has tied up with Greenfield to deploy 500MW of battery storage in the UK, shortly after a similar deal with Eelpower.

Developer Pulse Clean Energy has secured a three-year £175 million (US$215 million) credit facility with a number of banks to go towards its pipeline of battery storage projects in the UK.

Another edition of news in brief, this time from the UK’s booming large-scale battery energy storage system (BESS) market.

UK-based utility Octopus Energy will optimise UK battery storage projects for UAE-based Masdar, which has committed to investing £1 billion (US$1.25 million) in the country’s grid-scale market.

Envision Energy has partnered with Harmony Energy Income Trust to provide battery energy storage systems (BESS) for projects in the UK.

Wärtsilä has signed a repeat order with EDF Renewables UK to deliver a 57MW/114MWh grid-scale energy storage system in Bramford, a village in the east of England.

Firm Frequency Response (FFR) auction prices in the UK have hit their lowest level since 2019 as market saturation begins to take effect, market analytics platform Modo Energy said.

A battery storage subsidiary of maritime company BW Group has committed to investing in Swedish energy storage developer Ingrid Capacity.

Renewable energy developer Ameresco and EPC contractor Sunel Group will together bid on 1.5GWp of solar and energy storage projects across Europe.