Zenobē secures £235 million to develop two battery energy storage projects in Scotland. The agreement also includes a £400 million accordion facility that will be used to debt finance expansions as well as future projects.
Copenhagen Infrastructure Partners (CIP) and Amberside Energy have partnered to develop a 2GW portfolio consisting of solar and battery energy storage system (BESS) projects across the UK.
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.
The UK added a record high 800MWh of new utility energy storage capacity last year, as the sector moves closer to GWh additions out to 2030 and beyond.
Smart energy infrastructure business SMS announced it now has a combined 90MW of battery energy storage systems (BESS) in operation in Ipswich and Barnsley.
The UK’s newly introduced Electricity Generator Levy has seen Octopus Renewables’ net asset value (NAV) on its renewable portfolio decrease by £10.6 million as of 31 December 2023.
Strategic Power Projects’ (SPP) managing director Paul Carson has said that Ireland is “now beginning to move in the right direction” upon receiving planning approval for a 125MW solar and 285MW battery energy storage (BESS) co-located site in Movallet, Co.Louth.
Renewable development company Fotowatio Renewable Ventures (FRV) has completed the financial close of a UK-based battery energy storage system (BESS) portfolio with a combined capacity of 133MW/266MWh.
