UK renewable energy and energy storage company Anesco is to build and maintain 100MW of battery energy storage for investors JLEN and Foresight Solar Fund Limited (FSFL).
Developer Penso Power has signed a new agreement with global maritime group BW Group that will see the build-out of the former’s UK battery storage pipeline fully funded.
Energy storage is a key enabler of net zero emissions in the UK, but some unresolved challenges still make it a complex sector to navigate, as Antonia Silvestri and Gary Roscoe, partners at law firm TLT, explain.
Investment manager Quinbrook Infrastructure Partners has acquired a 350MW solar-plus-storage site expected to be the largest single site PV install in the UK once completed.
Gore Street Energy Storage Fund has acquired a 57MW project while Pacific Green Technologies has closed debt financing on the first project in a 1.1GW pipeline in the UK.
London Stock Exchange-listed solar PV investor NextEnergy Solar Fund (NESF) has signed a £100 million (US$136.8 million) Joint Venture Partnership (JVP) with battery storage specialist Eelpower.