Independent power producer (IPP) Econergy and Rivage Investment have agreed to £128 million (€150 million) in debt financing to progress their pipeline of European PV projects.
Gore Street Energy Storage Fund has joined other BESS investors in expressing concerns over the current challenges regarding low revenue in the GB market.
Gresham House Energy Storage Fund has stated that the UK market is suffering from a “weak revenue environment” due to assets not being able to participate in balancing the GB grid or replacing gas-fired generation to their fullest capability.