Close Brothers Leasing has signed an agreement with independent power producer (IPP), Conrad Energy, to provide £85 million in funding for eight battery energy storage sites (BESS) across the UK.
Conrad Energy has started construction of a 6MW/12MWh battery energy storage system (BESS) in Somerset, UK, after local opposition thwarted original plans for a new gas generator.
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.
