Harmony Energy Income Trust (HEIT), a leading battery energy storage system (BESS) investment firm, has released its interim results for the six months to April 30 2024.
Centrica and the UK Infrastructure Bank (UKIB) have backed Highview Power with a £300 million investment. The funding will enable the liquid air energy storage firm to start building its first large-scale project.
At the Renewable Energy Revenues Summit 2024, a panel praised National Grid ESO’s role in facilitating the market and suggested that third-party optimisation may not be commoditising as some had anticipated.
Harmony Energy Income Trust (HEIT) has cancelled its first quarter dividend and appointed JLL to sell some or all of its BESS portfolio, partly to demonstrate that the fund is undervalued by the markets.