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.
System integrator Fluence is set to support Statkraft, a Norwegian state-owned power producer, in delivering a 50MW transmission system-connected battery energy storage system (BESS) in the UK.