UK’s Gresham House Energy Storage Fund reports 53.5% net asset value increase in half-year financials
Gresham House Energy Storage Fund has seen its net asset value increase by 53.5% to £785 million (US$879 million).
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.
Standalone storage, demand from commercial and industrial (C&I) customers and new types of grid services will increasingly help drive growth in energy storage in the coming years, but the future mix between battery-based and alternative storage types is still unclear.
The European Union has resolved a glaring omission in the design of its forthcoming Battery Passport, according to Flow Batteries Europe.
Zenobē Energy has started construction of a 300MW/600MWh battery energy storage project in Blackhillock, Scotland, following a £235 million long-term debt facility secured from five banks.
Energy storage company Gravitricity has appointed Gneiss Energy to support the development of a £40 million funding drive to spearhead the creation of three demonstrator projects for its technology in the next five years.
Zenobē secures £235 million to develop two battery energy storage projects in Scotland. The agreement also includes a £400 million accordion facility that will be used to debt finance expansions as well as future projects.
Centrica is set to repurpose a former gas-fired power plant in North Yorkshire to include a 28MW battery and the potential to develop off-grid hydrogen production and solar.
Habitat Energy is set to optimise a 18MW battery energy storage asset near Manchester.