Octopus Energy has signed a two-year fixed-price tolling agreement with Gresham House Energy Storage Fund for 500MW of its battery assets, bringing the utility’s virtual power plant (VPP) portfolio to over 1.5GW.
Octopus’ solar and storage development in Durham has been offered a grid connection date of 2036, as constraints continue to be huge challenge for the rollout of green technologies.
Octopus Energy’s generation arm has signed a Power Purchase Agreement (PPA) with the UK food retailer, Iceland Foods, to provide 150 of its sites with an estimated 64GWh of solar energy.