energy storage

Gresham House Energy Storage Fund is transitioning towards a trading-centric business model, with the company to upgrade all of its enhanced frequency response (EFR) battery storage sites to two-hour durations.

Battery energy storage company Field is to build a portfolio of four assets across the UK after securing financing from investment firm Triple Point Energy Efficiency Infrastructure Company (TEEC).

The increasing capacity of battery energy storage systems (BESS) in the UK is leading to the development of new types of contractual arrangements, while financing is “developing at a rapid pace”, according to Jonathan Cohen, head of energy at law firm Howard Kennedy.

Gore Street Energy Storage Fund is eyeing changes that would allow it to invest a greater percentage of its assets into projects outside of the UK and Republic of Ireland.

Gore Street has signed a deal with Nidec ASI for the provision of engineering, procurement and construction (EPC) services for the 49.9MW Ferrymuir and 79.9MW Stony battery storage sites.

AMPYR Solar Europe (ASE) has signed a deal with Edinburgh Airport to develop a 9MW solar farm linked with battery storage and electric vehicle (EV) charging infrastructure.

Gore Street has completed the acquisition of a 90% stake in a 28MWh operational energy storage asset in Cremzow, Germany, as the company plans to “aggressively” pursue certain international markets.

STEAG Solar Energy Solutions GmbH (SENS) is to build a new solar-plus-storage farm in Norfolk, with planning permission having recently been granted

Clean energy developer ILI Group has begun the initial planning phase for a new pumped storage hydro project in Scotland.

Bluefield Solar has acquired the development rights for its first standalone battery energy storage system (BESS).