The Department for Business, Energy and Industrial Strategy (BEIS) has provided over £32 million to five energy storage projects across the nation to support the development of new technologies such as thermal batteries and liquid flow batteries.
Brookfield Renewable Partners has signed a Framework Agreement with the UK’s Cambridge Power to develop a portfolio of battery storage and solar PV.
Renewable Power Capital (RPC) is set to work with UK battery storage firm Eelpower to develop 1GW of utility scale energy storage capacity in the UK.
NextEnergy Solar Fund has acquired a “strategic portfolio” of battery storage development projects located in a grid-congested area in the East of England.
Cambridge Power has confirmed it has received planning permission for a 50MW battery energy storage system (BESS) situated in Essex.
RheEnergise, developer of long-duration hydro-energy storage, has appointed ex-Centrica executive Sophie Orme as commercial director.
Balance Power and TagEnergy are set to capitalise on the growing interest surrounding energy storage with the firms having partnered to build, own and operate 500MW of battery energy storage system (BESS) projects across the UK.
Gresham House Energy Storage Fund has seen its net asset value increase by 53.5% to £785 million (US$879 million).
Swiss fund manager SUSI Partners is exploring PV-plus-storage investment opportunities, building on a string of announcements in recent months that have seen it bolster its utility-scale solar position in markets such as Poland and Italy.
Liam Stoker and Andy Colthorpe return for the February 2022 episode of the Solar Media Podcast.
