Solar and infrastructure investor NextPower UK ESG (NPUK) has acquired a 29MW, 2-hour duration standalone battery energy storage system (BESS) in Glasgow.
Northern Powerhouse Investment Fund II (NPIF II), a £600 million fund launched in March this year, has completed its first investment in County Durham, funding solar technology firm Power Roll.
Renewable energy investment company Thrive Renewables has entered into a joint venture with TopCashback that they say will help fund the next phase of the UK’s net zero transition.
Following the 71% decline in average profits for Britain’s battery storage market, a new report by LCP Delta has urged investors to consider more “sophisticated strategies” to increase revenue.
