Nidec ASI, the Italy-based industrial solutions division of Japanese conglomerate Nidec Group, will provide EPC services for a 50MW battery energy storage system (BESS) project in Northern Ireland.

Gore Street saw its net income increase by 191% over the year to 31 March 2022, whilst the EBITDA of its operational portfolio surged 704%.

Another edition of our news in brief from the energy storage industry focusing on the bustling UK market.

Fotowatio Renewable Ventures (FRV) and UK developer Harmony Energy have begun construction of their 198MWh Tesla battery project in England.

The UK will have 50GW-plus of energy storage installed by 2050 in a best case scenario attainment of net zero, according to grid operator National Grid’s Future Energy Scenarios report.

The UK government has cemented the role of energy storage as a generation asset in last week’s landmark Energy Bill.

Energy Superhub Oxford, a project with a lithium-ion-vanadium hybrid battery energy storage system (BESS) totalling 55MW, has officially launched.

News in brief, from another busy week for our colleagues reporting on the UK battery storage market at Solar Power Portal.

Investor Quinbrook Infrastructure Partners has acquired exclusive project development rights for a 230MW/460MWh battery energy storage system (BESS) in Wales, UK.

Harmony Energy has secured a £60 million debt facility from major UK retail and commercial banking group NatWest.