investors

Two UK battery energy storage systems (BESS) under development by Japanese engineering firm Nippon Koei’s Netherlands-based subsidiary have reached financial close.

Bluefield Solar Income Fund (BSIF) is looking to diversify its portfolio, branching out into storage and other renewable technologies.

Bluefield Solar Income Fund has seen a slight drop in its NAV, but is lauding its generation portfolio as performing “extremely well”.

While Brexit looms, bringing uncertainty into the country’s economy and international relationships, the role energy storage will play in a decentralised, low(er) carbon and more flexible energy system at least seems a little more assured than it did before.