finance

Battery storage developer Harmony Energy has received new finance from sustainable bank Triodos, to help fund its expansion across Europe.

ESB Networks has announced that Ireland’s electricity grid now has 1GW of energy storage available from different battery energy storage system (BESS) assets.

Solar developer and construction company Eden Sustainable has secured £75 million from Thrive Renewables for a solar accelerator facility.

E.ON Next has unveiled two new solar export tariff rates designed to offer solar-equipped customers attractive returns when selling excess energy back to the grid.

The energy storage arm of EV supercar technology firm Rimac has opened its UK innovation and manufacturing facility, where it will build the first units of its SineStack BESS platform.

GridBeyond has indicated that investors are progressively embracing the potential of battery storage while managing associated risks.

Gore Street Energy Storage Fund has detailed that its portfolio generated an average revenue of £16.1/MWh in January and February.

The Allied Irish Banks (AIB) Group has announced it will purchase renewable energy from a purpose-built solar farm in County Wexford.

HEIT has predicted that it can generate “attractive returns” despite the ongoing woes in GB energy storage market revenues.

According to new data sourced by CBI Economics, the UK’s net zero economy grew by 9% in 2023, with solar energy developed in deprived areas as a key contributor.