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.
Energy storage firm Gravitricity has secured new project support led by the European Investment Bank (EIB) for its plans to build a full scale 4-8MW project in a former mine shaft.
Gresham House Energy Storage Fund is targeting a market share of c.25% to 30% in the UK and Ireland in 2022 following an increase in earnings over 2021.
European investor Catalyst Capital has acquired a site in Yorkshire for the development of a 100MW battery facility as part of its £300 million battery storage strategy.