battery energy storage system

Gresham House Energy Storage Fund is targeting a market share of c.25% to 30% in the UK and Ireland in 2022 following an increase in earnings over 2021.

Sembcorp Energy UK is planning on building what it claims will be Europe’s largest battery energy storage system (BESS).

Norwegian oil and gas giant Equinor has acquired a 45% stake in UK utility scale storage and stability services developer Noriker Power.

Harmony Energy has raised gross proceeds of £186.5 million through the placing and offer for subscription of its Initial Public Offering (IPO).

TagEnergy has started construction on a £16 million 20MW/40MWh battery storage facility following Santander financing.

A major framework agreement has been signed between GE Renewable Energy and Conrad Energy for the design, manufacture and supply of GE’s battery energy storage system in the UK.

Pacific Green Energy Storage is to acquire a 249MW battery energy storage development in Kent.

Pacific Green Technologies is to finance the construction of its 99.8MW battery energy storage system with £23 million of debt financing.

Gresham House Energy Storage Fund (GRID) is on track to own more than 1.2GW of operational battery energy storage systems after securing a deal to acquire 425MW of projects from Gresham House Devco and expanding its exclusive pipeline by a further 427MW.

Gresham House Energy Storage Fund has unveiled an 802MW pipeline, with 275MW of this currently funded and due to start construction shortly.