The sale of the UK BESS-holding Harmony Energy Income Trust (HEIT) proved private capital’s greater patience and valuation around the asset class, the CEO of its former investment advisor told Energy-Storage.news.

We catch up with the CEO of BESS developer Harmony Energy about its strategy and plans going forward, following the sale of its affiliated Harmony Energy Income Trust (HEIT).

Statera Energy has begun operating the biggest BESS project in the UK, connected to a National Grid substation that formerly supported two coal power plants.

Long-term BESS offtake and PPA deals are clearly on the rise in Europe, but how are they evolving vi-a-vis structures, tenors and regional differences?

The UK had its busiest month of the year so far in July for large-scale BESS project planning consents, with over 5GW/10GWh approved.

We look at which BESS suppliers have supplied which UK project owner-operators, with data from our Market Research colleagues.

Steady price falls the past few years have made lithium-ion BESS a real contender for long-duration energy storage (LDES), and that is now reflected in global project pipelines.

Activity in the UK battery energy storage system (BESS) market continues to grow substantially year-on-year despite numerous headwinds, as detailed in this H1 recap from our Market Research colleagues.

RM Funds has proposed a meeting of it and other Gore Street Energy Storage Fund (GSF) investors to discuss changes to the board following ‘sustained underperformance’, it said.

UK BESS owner Gresham House Energy Storage Fund (GRID) has entered into long-term floor agreements with Statkraft and Markel Bermuda, which will partially replace its toll with Octopus once that expires next year.