Solar Power Portal caught up with Virmati’s founder Amit Gudka to discuss the energy transition, the growing need for battery storage and going back to the beginning of a start-up.
By 2030, all of the world’s solar resource will be economic in comparison to local fossil fuel generation, according to a new report from thinktank Carbon Tracker.
A potential 80MW acquisition – plus Gore Street Energy Storage Fund’s 1.3GW development pipeline – is to be funded by the net proceeds of the company’s latest £135 million fundraise.
Gresham House Energy Storage Fund has completed the acquisition of the c.30MW Byers Brae project for a total value of £15.6 million, plus up to £0.35 million of deferred contingent consideration.
Highview Power has chosen MAN Energy Solutions to provide its LAES turbomachinery solution for its 50MW/250MWh CRYOBattery under development in Carrington Village, Greater Manchester.