Renewable energy company Good Energy has seen its H1 2023 revenue increase by 45.6% year-on-year (YoY) driven by higher tariffs due to high wholesale power and gas costs.
So Energy is quadrupling its Smart Export Guarantee (SEG) tariff to 20p/kWh for customers installing their own domestic So Energy branded solar and battery system.
Green energy company EDF Renewables UK has secured planning permission for three grid-scale battery energy storage systems (BESS) in recent weeks, totalling 221MW in capacity.
Volvo Energy and Connected Energy have signed a letter of intent to co-develop a battery energy storage system (BESS) solution using batteries from Volvo Group’s electric buses, trucks and machines
Varco Energy, a vehicle of Adaptogen Capital, announced it had chosen the largest battery energy storage system (BESS) provider globally, Fluence, to deliver a 57MW/137.5MWh asset near Liverpool.
Following the 71% decline in average profits for Britain’s battery storage market, a new report by LCP Delta has urged investors to consider more “sophisticated strategies” to increase revenue.
Battery storage company Varco Energy has partnered with GE Vernova to deliver a transmission-connected 57MW/138MWh battery energy storage system (BESS) south of Liverpool.
Battery energy storage fund Gresham House has released annual accounts for the first half of 2023, showing lower H1 2023 revenues and a drop in share value.