UK developer Low Carbon and Norwegian energy holding company Equinor have announced moves that could help mitigate risks associated with their renewable portfolios.
The UK’s energy regulator Ofgem has launched a new cap and floor investment support scheme in an effort to unlock billions in funding for new Long Duration Energy Storage (LDES) projects.
Solar energy developer Aukera Energy has secured a £135 million senior debt facility from two international banks to finance the growth of its UK solar portfolio.
Enzygo has announced that it has successfully secured planning permission for a 200MW battery energy storage system (BESS) on behalf of Energi Generation.
Planning consent was awarded to BESS projects totalling 1,590MW/3,179MWh of capacity last month, meaning the UK now has a total of around 55.4GW/117GWh approved.
Developer Kona Energy has secured a circa £40 million capacity market contract for its 228MW/456MWh battery energy storage system (BESS) in East Lothian, Scotland.
