News

Energy company EDF Renewables UK has signed a deal to work on a 116MW solar and battery storage portfolio previously invested by DIF Infrastructure VII and ib vogt.

Gore Street Energy Storage Fund has joined other BESS investors in expressing concerns over the current challenges regarding low revenue in the GB market.

Alecemi has been awarded planning permission for two battery energy storage system (BESS) projects totalling 1.5GW in Scotland.

As of 1 February 2024, the UK government has removed the VAT charge for domestic battery energy storage systems (BESS) under any circumstance.

Harmony Energy Income Trust (HEIT) signaled that BESS revenues for the year ended 31 October 2023 were markedly lower year-on-year.

Gresham House Energy Storage Fund has stated that the UK market is suffering from a “weak revenue environment” due to assets not being able to participate in balancing the GB grid or replacing gas-fired generation to their fullest capability.

Low Carbon has signed optimisation agreements with Habitat Energy, Flexitricity and EDF across four BESS with a capacity of 95MW.

Solar cell developer Oxford PV and Fraunhofer ISE have successfully developed a full-sized tandem PV module with a record efficiency of 25%.

Integrated solar developer British Solar Renewables (BSR) has submitted revised plans for a 20MW solar farm in West Oxfordshire.

Hare Brewery, under the ownership of St Austell Brewery, has installed 608 new solar panels with the help of ZLC Energy Limited.