Delays in the growth of Britain’s battery energy storage sector helped boost Gresham House Energy Storage Fund’s (GRID) portfolio performance, resulting in a “strong growth of earnings” in 2022.
Renewable energy company Harmony Energy has an extensive UK-based portfolio that harnesses wind, solar and battery energy storage to contribute to the decarbonisation of the UK energy system.
Renewable energy company Low Carbon has announced plans to develop a 600MW energy park in North Kesteven, Lincolnshire, which includes solar and energy storage.
Octopus Renewables Infrastructure Trust (ORIT) has achieved strong net asset value (NAV) growth across 2022 primarily due to rising inflation and high power prices.
LCP Delta has warned that grid connection and planning permission constraints threaten Britain’s place as the largest EU energy storage market, causing the market to peak as early as 2026/27.
UK power generator SSE has confirmed it will allocate £100 million in capital to boost Coire Glas – a Scottish-based pumped hydro storage project with the potential to be the “biggest” in 40 years.