GridBeyond has confirmed it will move forward with its strategy to bring distributed energy storage assets together as one resource to access to National Grid Electricity System Operator’s (ESO) suite of dynamic services.
Despite macroeconomic challenges, Gore Street’s asset value surged 45% over the six months from 31 March 2022, as ancillary service revenues stayed strong.
Two UK battery energy storage systems (BESS) under development by Japanese engineering firm Nippon Koei’s Netherlands-based subsidiary have reached financial close.
Gresham House Energy Storage Fund has seen the EBITDA generated by its portfolio soar to £22.4 million in the first half of this year, jumping from £4.5 million in H1 2020.
More information on the 1,500V energy storage system solutions supplied by Sungrow for the 100MW Minety battery storage project have today (5 August) been revealed.
Pivot Power, Wärtsilä and Habitat Energy have today (23 June) activated what the trio claim to be the UK’s first grid-scale battery storage system directly connected to the transmission network.
Gore Street Energy Storage Fund has acquired an 80MW energy storage project from RES, having also entered into exclusivity with the renewable energy company for over 300MW of assets.