London-based company Powervault has secured £3.8 million from climate change investors to develop its battery energy storage manufacturing capabilities.
The UK Department for Energy Security and Net Zero (DESNZ) is providing £30 million in grants for three long-duration energy storage (LDES) projects using novel energy storage technologies.
Renewable energy company Harmony Energy has an extensive UK-based portfolio that harnesses wind, solar and battery energy storage to contribute to the decarbonisation of the UK energy system.
The 5MW Whites Pit solar farm in Wimborne, Dorset, has been commissioned by renewable energy Ethical Power to provide power to the Dorset Green Hydrogen project.
Renewable energy company Low Carbon has announced plans to develop a 600MW energy park in North Kesteven, Lincolnshire, which includes solar and energy storage.
The solar industry has welcomed the UK government’s plans to establish a Solar Taskforce as part of a range of measures introduced in the “Energy Security Day” package.
Octopus Renewables Infrastructure Trust (ORIT) has achieved strong net asset value (NAV) growth across 2022 primarily due to rising inflation and high power prices.