storage

Liam Stoker looks ahead to tomorrow lunchtime to see what the UK’s solar industry might expect to see within Philip Hammond’s – and the UK’s – first Autumn Budget.

Centrica will “most likely” install up to 100 residential energy storage batteries in selected homes in Cornwall, alongside new installs of solar panels if they are not already in place, as part of its local energy market (LEM) programme.

Solar and other renewables will generate more than half of all electricity in the UK by the mid-2020s according to a new study by Bloomberg New Energy Finance and Eaton, which expects the cost of the technology to more than halve by 2040.

What is thought to be the largest operating containerised vanadium redox flow machine system in the UK has been connected to the grid by redT energy, with the 1MWh project expected to cut a Cornish business’ reliance on grid imports in half by time shifting excess solar generation.

M&S Energy has announced the 25 winners of its third annual community energy fund, with solar and storage among the most popular technologies yet again.

Home battery storage company Moixa is to expand its GridShare aggregation platform to include third party units for the first time after securing over £250,000 from the UK government.

Ofgem has sought to reassure solar farm owners that it will not withdraw accreditation to subsidy schemes without having a good reason to do so as it continues to work on guidance for co-locating energy storage assets with solar.

Hive Energy has confirmed it is the developer behind ambitious plans for a huge solar farm on the north Kent coast which could have a final generation capacity in excess of 350MW.

Last week, renewables developer and investor Hazel Capital was acquired by Gresham House. Tony Dalwood, chief executive of the asset management group, explains to Solar Power Portal what the acquisition means for both Gresham House and Hazel Capital; what projects will be brought forward from the existing pipeline; and what uncertainties lay ahead for UK energy storage.

E.On has launched a 12 month repayment plan for its solar and storage offering in an effort to help interested homeowners overcome the upfront costs of installing the technologies.