Renewable energy developer BayWa r.e. has been granted planning permission to develop a three-hour duration 171MWh battery energy storage system (BESS) in England.
Following the 71% decline in average profits for Britain’s battery storage market, a new report by LCP Delta has urged investors to consider more “sophisticated strategies” to increase revenue.
GridBeyond has confirmed it will move forward with its strategy to bring distributed energy storage assets together as one resource to access to National Grid Electricity System Operator’s (ESO) suite of dynamic services.
Record solar panel installation rates have set the UK on track for “best year ever for renewable energy” installations said Microgeneration Certification Scheme (MCS).
DIF Capital Partners, together with ib vogt, has agreed to acquire a 100% interest in the largest UK co-located solar and battery portfolio from Cero Generation and Enso Energy, the companies confirmed.
Zenobē Energy has started construction of a 300MW/600MWh battery energy storage project in Blackhillock, Scotland, following a £235 million long-term debt facility secured from five banks.
Zenobē secures £235 million to develop two battery energy storage projects in Scotland. The agreement also includes a £400 million accordion facility that will be used to debt finance expansions as well as future projects.