Field secures £77m as it looks to ‘double down’ on its battery storage portfolio expansion
Battery energy storage company Field has secured £77 million in funding as it looks to continue the rapid expansion of its portfolio.
Articles tagged with: Energy Storage
Wärtsilä and SSE unveil 50MW/100MWh battery energy storage development
Wärtsilä is to provide a 50MW/100MWh energy storage system for SSE’s first grid-scale battery project in Salisbury, Wiltshire.
GIG joins forces with Bluestone for up to 2GW of UK battery storage
A joint development agreement (JDA) has been signed by Macquarie’s Green Investment Group (GIG) and Bluestone Energy for up to 2GW of UK battery storage projects.
KORE Power to supply batteries for co-located 20MWh ABB, Ecotricity battery storage project
Battery cell manufacturer KORE Power is to provide the batteries for a 10MW/20MWh battery storage project under development between ABB and energy supplier Ecotricity.
60MW RWE battery storage system goes live in Ireland
RWE’s largest battery storage project to date has entered full operations in County Monaghan, Ireland.
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PODCAST: Solar developers feeling the pinch, Europe’s power plan falls short on energy storage
Solar materials and component prices have stayed high longer than expected and developers are now starting to feel the pinch, the latest episode of the Solar Media Podcast has discussed.
Kona Energy’s 200MW battery storage site granted planning permission
A 200MW battery energy storage system (BESS) to be located in Heysham, Lancashire has secured planning permission.
Drax applies to expand Cruachan pumped hydro storage plant
Drax has applied to expand its Cruachan pumped hydro storage plant under Section 36, creating long-duration storage that could boost the rollout of renewables.
Green light given for 100MW Aura Power battery storage system
A battery energy storage system (BESS) being developed by Aura Power at Drax in Yorkshire has been granted planning permission.
Battery storage rollout needs £20bn government investment to support renewables goals
The battery storage rollout needs to continue its upwards trajectory, with increased government spending required, according to new data from Cornwall Insight.
Canadian Solar enters UK battery energy storage space with Pulse Clean Energy deal
Canadian Solar has made its first move in the UK battery energy storage space after signing a number of agreements with Pulse Clean Energy.
‘Considerable demand’ sees Gore Street raise double its target in £150m initial issue
Gore Street Energy Storage Fund has raised gross proceeds of £150 million from an initial issue, which is to be used to pursue its 1.3GW pipeline.
Field acquires 20MW battery energy storage project as its pipeline surges to 775MW
Battery energy storage company Field has acquired another asset, bringing its total pipeline to 775MW/1,510MWh after just over a year of operation.
Gresham House earnings rise 170% in year of ‘significant momentum’ as trading becomes key
Gresham House Energy Storage Fund is transitioning towards a trading-centric business model, with the company to upgrade all of its enhanced frequency response (EFR) battery storage sites to two-hour durations.
Field bags £46m in financing to build 110MW portfolio of battery storage assets
Battery energy storage company Field is to build a portfolio of four assets across the UK after securing financing from investment firm Triple Point Energy Efficiency Infrastructure Company (TEEC).
Feature
The legal perspective: Howard Kennedy on what makes battery storage ‘bankable’
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The increasing capacity of battery energy storage systems (BESS) in the UK is leading to the development of new types of contractual arrangements, while financing is “developing at a rapid pace”, according to Jonathan Cohen, head of energy at law firm Howard Kennedy.
Gore Street looks to further global expansion efforts as it eyes new fundraise
Gore Street Energy Storage Fund is eyeing changes that would allow it to invest a greater percentage of its assets into projects outside of the UK and Republic of Ireland.
Nidec ASI chosen as EPC provider for 129.8MW of Gore Street battery storage
Gore Street has signed a deal with Nidec ASI for the provision of engineering, procurement and construction (EPC) services for the 49.9MW Ferrymuir and 79.9MW Stony battery storage sites.
Solar-plus-storage-plus-EV charging to be installed at Edinburgh Airport
AMPYR Solar Europe (ASE) has signed a deal with Edinburgh Airport to develop a 9MW solar farm linked with battery storage and electric vehicle (EV) charging infrastructure.
Gore Street acquires German energy storage site amid global expansion plans
Gore Street has completed the acquisition of a 90% stake in a 28MWh operational energy storage asset in Cremzow, Germany, as the company plans to "aggressively" pursue certain international markets.
STEAG Solar Energy Solutions to develop 50MWp solar farm as it targets further UK PV pipeline
STEAG Solar Energy Solutions GmbH (SENS) is to build a new solar-plus-storage farm in Norfolk, with planning permission having recently been granted
ILI Group to develop 1.5GW pumped storage hydro project
Clean energy developer ILI Group has begun the initial planning phase for a new pumped storage hydro project in Scotland.
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Bluefield acquires development rights for 20MW battery storage site
Bluefield Solar has acquired the development rights for its first standalone battery energy storage system (BESS).
Gravitricity secures European Investment Bank support for gravity energy storage project
Energy storage firm Gravitricity has secured new project support led by the European Investment Bank (EIB) for its plans to build a full scale 4-8MW project in a former mine shaft.
Gresham House lauds expected doubling of earnings as it eyes two hour duration batteries
Gresham House Energy Storage Fund is targeting a market share of c.25% to 30% in the UK and Ireland in 2022 following an increase in earnings over 2021.
Catalyst Capital acquires Yorkshire site for 100MW battery storage system
European investor Catalyst Capital has acquired a site in Yorkshire for the development of a 100MW battery facility as part of its £300 million battery storage strategy.
Nofar Energy forms JV for 700MWh UK battery storage site
Israel’s Nofar Energy is to pursue the development of UK battery energy storage systems (BESS) in a new joint venture (JV) with investment group Interland.
GIG reaches financial close on 40MW UK battery energy storage site
Macquarie’s Green Investment Group has reached financial close on its first UK battery energy storage system (BESS).
Nippon Koei’s 100MW of UK battery storage to enter construction
Two UK battery energy storage systems (BESS) under development by Japanese engineering firm Nippon Koei’s Netherlands-based subsidiary have reached financial close.
Feature
Solar Power Portal’s top battery storage stories of 2021: Pipelines and new entrants
Solar Power Portal takes a look back at the five most read battery storage stories of this year, with fundraising, pipeline announcements and analysis appearing as trends for 2021.