Listed fund Gresham House Energy Storage Fund (GRID) has completed a third-party equity funding of £8.6 million to finance the augmentation of the combined 50MW Glassenbury projects.
The UK and Ireland were the two countries to sign the highest number of renewable energy power purchase agreements (PPAs) in May, according to Swiss consultancy Pexapark.
As part of its Industrial Strategy, the UK government has published the Clean Energy Industries Plan to “unleash the tidal wave of jobs and investment” that the energy transition will bring.