Nidec ASI is continuing to expand its presence in Europe, announcing it is to provide battery energy storage system (BESS) solutions for a project in Northern Ireland, UK, that is being developed by SUSI Partners.
Gore Street saw its net income increase by 191% over the year to 31 March 2022, whilst the EBITDA of its operational portfolio surged 704%.
Bluefield Solar has raised £150 million to pay down its fully drawn Revolving Credit Facility (RCF) following its acquisition of a 93MW portfolio earlier this month.
Gresham House Energy Storage Fund is to issue new ordinary shares with an intention of raising approximately £150 million.
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.
Gore Street Energy Storage Fund is looking to raise £75 million via the issue of 68,181,818 new ordinary shares to fund the acquisition and construction of a new pipeline.
Anesco has secured a new £12 million revolving credit facility (RCF) from Santander UK to support the delivery of a pipeline of UK and European renewable projects.
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.
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.
Gore Street has acquired a portfolio of eight energy storage assets in Texas, as it continues to target international expansion.
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.
RES has submitting a planning application for a 49.9MW solar farm near East Leake in Nottinghamshire.
Renewable asset developer RES has submitted a planning application for a 99.9MW battery energy storage project in County Durham.
NTR battery storage projects totaling 22MW have secured ten-year contracts for the supply of grid capacity to the Irish grid system.
Gore Street Energy Storage Fund’s Kilmannock battery energy storage system (BESS) in Co. Wexford, Ireland, has received an additional grid volume allocation of 90MW, building on the 30MW currently secured.
Gresham House Energy Storage Fund plc is to significantly grow its pipeline having secured a £380 million funding package from NatWest.
Eirgrid and ESB Networks have released the full list of renewable energy projects to receive grid connection offers in Ireland through their enduring connection policy (ECP) process, with solar PV representing the majority of these.
TagEnergy has started construction on a £16 million 20MW/40MWh battery storage facility following Santander financing.
RES has sold its 50MW Roaring Hill Energy Storage Project to clean energy enterprise TagEnergy.
Gore Street Energy Storage Fund has acquired a 57MW construction-ready energy storage project in Leicester.
Anesco’s new 50MW battery storage site has been given the green light by Brentwood Borough Council, with the project to be another example of how batteries are benefiting the grid and offering returns for investors, the company has said.
Gore Street Energy Storage Fund saw its NAV increase 192% in the year ending March 2021, as its portfolio continued to expand to 440MW.
A 99.9MW energy storage project in development by RES has secured planning permission, with the asset set to be operational in late 2023.
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.
A potential 80MW acquisition - plus Gore Street Energy Storage Fund’s 1.3GW development pipeline - is to be funded by the net proceeds of the company’s latest £135 million fundraise.
As UK battery energy storage capacity drives past the 1GW mark, the industry is now plotting its advance towards the next sizeable hurdle. Solar Media Market Research’s Mollie McCorkindale details how the UK’s battery energy storage market can move towards 10GW of operational capacity.
RWE Renewables’ first European battery - an 8.5MWh project - has gone live in Dublin, Ireland.
Norwegian utility Statkraft has completed the construction of its second large-scale battery storage project in the Republic of Ireland.
Gore Street Energy Storage Fund is proposing a new issue of ordinary shares at 102 pence per share to raise further capital for its development pipeline of 1.3GW.
Gore Street Energy Storage Fund’s two Northern Ireland batteries have been completed, taking its operational portfolio up to 210MW.
Gore Street Energy Storage Fund’s two 50MW battery assets in Northern Ireland are in the final stages of construction and testing, the company announced.
Anesco is partnering with Gresham House for the development of a 200MW solar PV portfolio over the next three years.
State-owned electricity supply company ESB has announced its first major battery projects in Ireland, at sites in Inchicore, Co Dublin and Aghada, Co Cork.
The Foresight Group has today announced it is considering proceeding with an initial public offering (IPO) in a move that executive chairman and co-founder Bernard Fairman described as the “next logical step” for the investor.
Solar Power Portal caught up with Harmony Energy CEO Peter Kavanagh about how the industry has changed and what that means for the growth of battery energy storage, as barriers to large-scale development continue to fall away.
A 100MW battery storage facility in Co. Offaly in Ireland has this week been energised, having been developed as part of a partnership between local developer Lumcloon Energy and South Korea’s Hanwha Group.
Gore Street Energy Storage Fund has raised gross proceeds of £60 million from an initial placing, offer for subscription and intermediaries offer.
A battery storage site in Northern Ireland developed by Low Carbon and Gore Street Energy Storage Fund has been energised.
Gore Street Energy Storage Fund has applied to triple its capacity in the Republic of Ireland, up to a total of 180MW.
Gore Street Energy Storage Fund has acquired an 81MW operating battery storage portfolio from Anesco, as the latter continues its transition from asset owner to services provider.
Gore Street Energy Storage Fund’s NAV has risen by 1.7% in its latest quarterly results.
Gore Street Energy Storage Fund has raised £23.7 million through a new share placing.
London Stock Exchange-listed energy storage fund Gore Street has outlined how it sees Japan as a “very interesting market” following its investment from JXTG Nippon Oil & Energy Corporation.
Gore Street has acquired a further 131MW energy storage portfolio, including an operational portfolio of 81MW.
Gore Street Energy Storage Fund has sealed the deal to acquire a 100% interest in a 50MW energy storage system in Scotland.
Gore Street Energy Storage Fund has suspended all construction on assets currently in the works as it also announces the completion of Lower Road.
Gore Street Energy Storage Fund has raised gross proceeds of £3.5 million through a new placing of ordinary shares.
BayWa r.e. has announced the appointment of a new country manager for Ireland as it eyes new solar, wind and storage developments.
Innogy is to construct its maiden battery storage facility in Ireland as it looks to continue the expansion of its battery storage business.
Gore Street Energy Storage Fund has awarded NEC Energy Solutions EPC and long-term O&M contracts for 100MW of storage.