investment

Strategic Power Projects’ (SPP) managing director Paul Carson has said that Ireland is “now beginning to move in the right direction” upon receiving planning approval for a 125MW solar and 285MW battery energy storage (BESS) co-located site in Movallet, Co.Louth.

Renewable development company Fotowatio Renewable Ventures (FRV) has completed the financial close of a UK-based battery energy storage system (BESS) portfolio with a combined capacity of 133MW/266MWh.

TagEnergy has confirmed it has reached financial close on its fourth UK battery energy storage facility with a capacity of 49.9MW/100MWh in Fife, Scotland.

Energy storage company Gravitricity has appointed Gneiss Energy to support the development of a £40 million funding drive to spearhead the creation of three demonstrator projects for its technology in the next five years.

Centrica is set to repurpose a former gas-fired power plant in North Yorkshire to include a 28MW battery and the potential to develop off-grid hydrogen production and solar.

In the UK, a new wave of large-scale solar projects continue to emerge as the country accelerates towards net zero targets, including reaching a decarbonised power system by 2035. At the heart of these are Nationally Significant Infrastructure Projects (NSIPs).

A Scottish Water treatment works at Skellyton, Larkhall, is partially self-generating its energy needs via an array of 560 solar PV panels.

Statkraft, one of Europe’s largest renewable power generators, has agreed a “forward trade” for a Statera Energy battery asset in what has been called an “industry first” by the companies.

Atrato has confirmed the appointment of Tim Roebuck as senior commercial manager from SSE.

The Department for Business, Energy and Industrial Strategy (BEIS) has released the Chris Skidmore MP independent review into the UK’s net zero prospects which calls for a “rooftop revolution” to unlock 70GW of solar generation by 2035.