Gresham House Energy Storage Fund has acquired two battery storage facilities from VLC Energy for £29.2 million.
“Significantly” more electric and thermal storage will be needed for a low-cost 2050 energy system than previously thought.
60MW of energy storage developed by Fluence and Sembcorp Energy UK has come online, lauded as one of the largest transacted fleets of its kind in Europe.
As much as 500MW of additional large-scale battery storage capacity could be built in the UK in 2019, increasing its capacity by more than 70% to 1.2GW. Lauren Cook, analyst at Solar Media Market Research, reports.