Gore Street Energy Storage Fund’s international assets generated 2.6 times more revenue than their British counterparts as NAV per share fell by 2.3%, according to results from the first half of the company’s financial year.
UK battery storage developers and operators are “getting a feel for what’s out there” in Poland and Central Eastern Europe (CEE) with many intentions having been deemed “not very concrete”, sources have said.
Siemens Energy is set to deploy the “first” synchronous condenser and a battery energy storage system (BESS) with a capacity of 160MWh for a hybrid project in Ireland.
Developer Innova has been granted planning permission for a 400MW/800MWh battery energy storage system (BESS) in Cumberland, UK, while Banks Renewables has sold a 2,900MWh BESS project to West Burton Energy.
Volvo Energy and Connected Energy have signed a letter of intent to co-develop a battery energy storage system (BESS) solution using batteries from Volvo Group’s electric buses, trucks and machines