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.
Alcemi and Copenhagen Infrastructure Partners (CIP) have partnered for the development, construction and operation of a 4GW portfolio of UK energy storage assets.
Israel’s Nofar Energy is to pursue the development of UK battery energy storage systems (BESS) in a new joint venture (JV) with investment group Interland.