gresham house

Solar Power Portal took a look at the top five most read battery energy storage stories across the site over 2022.

Gresham House Energy Storage Fund (GRID) has seen its net asset value (NAV) increase by 53.5% to £785 million, the firm disclosed in its half year results ending 30 June 2022.

Gresham House has acquired a 20MW Devon-based solar farm from Anesco as part of a partnership worth over £100 million.

Canadian Solar has completed the sale of two fully-permitted solar and battery energy storage projects to Gresham House.

Gresham House Energy Storage Fund has raised £150 million following it announcing the new share placing earlier this week.

Gresham House Energy Storage Fund is to issue new ordinary shares with an intention of raising approximately £150 million.

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.

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.

Gresham House has partnered Irish developer Strategic Power Projects to develop a solar and storage pipeline with a combined capacity of over 1GW.

Gresham House Energy Storage Fund has seen the EBITDA generated by its portfolio soar to £22.4 million in the first half of this year, jumping from £4.5 million in H1 2020.