Listed fund Gresham House Energy Storage Fund (GRID) has completed a third-party equity funding of £8.6 million to finance the augmentation of the combined 50MW Glassenbury projects.
A survey commissioned by battery energy storage system (BESS) developer Root-Power has revealed that both the English public and local officials are broadly in support of BESS developments in their local area.
The UK and Ireland were the two countries to sign the highest number of renewable energy power purchase agreements (PPAs) in May, according to Swiss consultancy Pexapark.
As part of its Industrial Strategy, the UK government has published the Clean Energy Industries Plan to “unleash the tidal wave of jobs and investment” that the energy transition will bring.
Octopus Renewables Infrastructure Trust (ORIT) has agreed to conditionally acquire a 32.6MW solar site in Ireland for approximately €27 million (£23.13 million).
International energy major TotalEnergies has revealed plans for a proposed solar PV power plant with a co-located battery energy storage system (BESS) near Birmingham Airport.