Storage

Statera Energy has clinched a refinancing deal for its 50MW Pelham utility-scale battery storage plant in a transaction which it says demonstrates both the maturity and “bankability” of the asset class.

Foresight Solar is continuing to explore the possibility of retrofitting battery storage plant on its solar portfolio as it bids to capitalise on its existing grid connections.

Solar and battery energy storage is to be used to power deliver local flexibility via a virtual power platform after UK Power Networks signed what is thought to be the first commercial contract of its type using residential assets.

Solar capacity is set for a 17-fold increase globally by 2050 owing to falling technology costs, particularly in battery energy storage, and a decline in the levelised cost of electricity (LCOE), according to a new report from Bloomberg New Energy Finance (BNEF).

NextEnergy Solar Fund’s Abid Kazim explains why his firm made its first co-located solar-plus-storage acquisition last month, and why more are set to follow.

Kingfisher has opened its first net zero energy store powered by a combination of solar with battery storage and air source heat pumps to generate and use as much power as it needs, passing the excess into the grid.

Solar Media, the publisher of Solar Power Portal and organiser of the Solar Power Portal Awards, is delighted to announce that a new nominations record has been set for this year’s ceremony.

Battery storage manufacturer Varta is aiming to take advantage of the UK’s position as an early adopter in the technology, launching domestic sales alongside Waxman Energy this week.

Solar Power Portal publisher Solar Media has announced that the deadline for nominations for this year’s Solar Power Portal and Energy-Storage.News Awards has been extended.

Prolific solar investor NextEnergy Solar Fund (NESF) has made its maiden battery storage play, acquiring two utility-scale solar-plus-storage farms.