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.
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.
Power station closures in Fife and East Lothian, combined with rising interest in cheap, renewable energy has seen demand for solar PV soar in Scotland, property consultancy Galbraith has said.
The 2023 Queen Elizabeth Prize for Engineering (QEPrize) has been awarded for the research and development of passivated emitter and rear cell (PERC) solar photovoltaic technology.
Copenhagen Infrastructure Partners (CIP) and Amberside Energy have partnered to develop a 2GW portfolio consisting of solar and battery energy storage system (BESS) projects across the UK.