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.

Pivot Power’s 50MW/50MWh lithium-ion battery storage site in Oxford is the first tertiary connection in the UK to export to the grid.

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.

This edition of news in brief in energy storage comes from a busy week in the UK.

Pacific Green Energy Storage is to acquire a 249MW battery energy storage development in Kent, southern England in the UK.

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.

generated by its portfolio soar to £22.4 million (US$30.53 million) in the first half of this year, jumping from £4.5 million in H1 2020

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.

Scotland-headquartered multinational energy company SSE has acquired development rights for its first 50MW battery storage asset from developer Harmony Energy.