The government has published its Technical Decision Document confirming the crucial aspects of the long duration electricity storage (LDES) cap-and-floor scheme, with an increase in minimum duration among the main updates.
NextEnergy Capital (NEC) has announced that its private fund focused on new-build UK solar, NextPower UK ESG (NPUK) has raised £733 million at its final fundraising close, almost 50% over target.
Renewable energy consultancy Natural Power has supported NTR to successfully acquire 326MW of solar and battery energy storage system (BESS) capacity in Ireland.
Wind energy developer Ørsted has broken ground on a battery energy storage system (BESS) development to be co-located with the Hornsea 3 Offshore Wind Farm.