News

GettyImages-154974489_darker_cropped

Battery storage revenues increase by 22% to £4.8k/MW

November 8, 2023
Battery energy storage revenues rose by 22% from September to October to £4.8k/MW, Modo Energy has revealed.
This now means that ORIT’s NAV has decreased by £15.7 million since the start of 2023. Image: ORIT.

ORIT’s NAV sees further decrease in Q3 to £604m

November 7, 2023
Octopus Renewables Infrastructure Trust (ORIT) has posted a NAV of £604.6 million for Q3 2023, yet another decrease on the previous quarter.
This adds to the 10GW of capacity that was unlocked for 'shovel-ready' power projects earlier this year. Image: National Grid.

National Grid to streamline 10GW of battery storage for connection

November 7, 2023
National Grid has unveiled plans to streamline 10GW of battery energy storage (BESS) capacity that is currently waiting for a grid connection.
Picture2

Sungrow holds signing ceremony for 100MW BESS following increase in project capacity

November 6, 2023
Sungrow held a signing ceremony as it penned an agreement to to deliver a 100MW battery energy storage system (BESS) in Bramley, Hampshire.
An image of Statera's Pelham battery asset. Image: Statera.

EQT agrees deal to acquire UK developer Statera Energy

November 6, 2023
Investment organisation EQT Infrastructure has today (6 November) announced that it has agreed a deal with InfraRed Capital Partners to acquire Statera Energy.
PacificGreen-1164x535

Pacific Green gets £123.5 million facility to build 373MWh BESS

November 3, 2023
Pacific Green has secured a combined £123.5 million facility to support construction of its 1.5 hour, 249MW/373.5MWh BESS in Kent.
The debt facility will help develop Innova's project pipeline. Image: Innova.

Innova, Triple Point agree £40m debt facility for UK solar and BESS

November 3, 2023
Triple Point and Innova have agreed a debt facility of up to £40 million to accelerate Innova’s UK solar and energy storage system pipeline.
A battery storage site next to a green field on the left. Cloudy skies and concrete ground

Work begins on UK’s ‘largest under-construction BESS’ at 640MWh

November 2, 2023
SSE Renewables has commenced construction of a 320MW/640MWh BESS, which could be the largest under-construction in the country.
The investigation started in 2021. Image: Piqsels.

Ofgem takes action following solar community energy scheme investigation

November 2, 2023
Ofgem has recommended several measures to be implemented for the solar-based Community Energy Scheme UK (CES) following an investigation.
Arenko's 41MW Bloxwich battery. Image: Arenko.

Arenko partners with Varco on two 57MW battery assets

November 1, 2023
Arenko Group has entered into a partnership with Varco Energy on the Native River and Sizing John battery energy storage solution (BESS) assets.

Email Newsletter

Most Read

EDF Renewables UK solar plant to power London Tube network

Energy secretary greenlights 140MW South Derbyshire solar project

UK, Ireland lead European renewable PPA market in May

Solivus, UrbanChain in shared commercial solar partnership

Gresham House Energy Storage Fund finances augmentation of Glassenbury BESS

Upcoming Events

Green Hydrogen Summit UK & Ireland 2025

1 July 2025
London, UK

UK Solar Summit 2025

1 July 2025
London, UK

Wind Power Finance & Investment Summit

1 July 2025
Leonardo Royal Hotel London Tower Bridge, London, UK

Intersolar Mexico

2 September 2025
Mexico City, Mexico

Large Scale Solar Southern Europe 2025

16 September 2025
Athens, Greece
Solar Power Portal is part of the Informa Markets Division of Informa PLC
This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
Copyright © 2025. All rights reserved. Informa Markets, a trading division of Informa PLC.

You are now subscribed!

Thank you for subscribing to the email newsletter. You can opt-out at any time.