Spanish renewable energy platform Matrix Renewables has announced its entrance to the UK market with the acquisition of two standalone battery energy storage system (BESS) projects in Scotland.
The UK’s energy regulator Ofgem has launched a new cap and floor investment support scheme in an effort to unlock billions in funding for new Long Duration Energy Storage (LDES) projects.
Energy minister Michael Shanks has written to the heads of the National Energy System Operator (NESO) and Ofgem to address concerns surrounding solar capacities in the Clean Power 2030 Action Plan (CPAP).
Solar energy developer Aukera Energy has secured a £135 million senior debt facility from two international banks to finance the growth of its UK solar portfolio.
Planning consent was awarded to BESS projects totalling 1,590MW/3,179MWh of capacity last month, meaning the UK now has a total of around 55.4GW/117GWh approved.
