energy storage

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.

Battery storage developer, Pulse Clean Energy, has acquired 90MW of battery assets in Stafford and Aberdeen, which are due to come online in 2024.

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.

Geoenergy company dCarbonX has signed an agreement with Irish-based utility ESB to expand its collaboration to evaluate and progress onshore large-scale subsurface hydrogen energy storage opportunities in the UK.

Lobbying from Solar Energy UK has paid off, the trade association has said, with the government changing its stance on VAT for battery storage.

Two of Connected Energy’s second life 300kW battery energy storage systems (BESS’s) will support a depot for over 200 electric fleet vehicles in Nottingham become a “full building energy ecosystem.”

Due to high irradiation, solar PV and battery storage fund Foresight Solar Fund saw its UK assets produce 8.6% above budget last year.

Inverter supplier Sungrow and developer Constantine Energy Storage are partnering on 825MWh of BESS projects in the UK, including two with discharge durations of nearly three hours.

Gresham House Energy Storage Fund has seen a 20% like-for-like growth in underlying portfolio EBITDA due to a range of projects having become, or being closer to becoming, operational during 2022.

Gore Street Energy Storage Fund has declared its estimated unaudited net asset value (NAV) per share increased to 113.5 pence as of 31 December 2022.