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Battery energy storage company Harmony Energy Income Trust (Harmony) has announced its intention to undertake an initial public offering (IPO), to fund the development of 213.5MW of Tesla battery storage systems.

Specialist international investment manager Amber Infrastructure Group has reached commercial close on the development of a 50MW/100MWh utility-scale battery energy storage project in west Lancashire.

Fotowatio Renewable Ventures (FRV) and Harmony Energy have joined forces to commission their first utility-scale battery system in the UK.