Storage

Small-scale renewables and battery storage installs could be set for a boost in London after the mayor’s energy efficiency fund secured £500 million in funding.

Cleve Hill Solar Park, the joint-venture of Hive Energy and Wirsol intending to develop a 350MW+ solar farm on the Kent coast, has yet to make any decisions regarding the battery storage element of its plans, contrary to media reports.

Manchester Science Partnerships (MSP) has installed a 380kWh Tesla battery alongside two electric vehicle charging points as the science park sets out to turn its flagship building into “an energy island”.

The UK solar and storage markets are on the brink of overcoming a deployment roadblock, according to a number of vendors actively monitoring the territory.

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.