RPC, Eelpower launch joint venture to develop 1GW utility-scale energy storage
Renewable Power Capital (RPC) is set to work with UK battery storage firm Eelpower to develop 1GW of utility scale energy storage capacity in the UK.
NextEnergy Solar Fund acquires 250MW/500MWh ‘strategic battery storage portfolio’
NextEnergy Solar Fund has acquired a “strategic portfolio” of battery storage development projects located in a grid-congested area in the East of England.
Cambridge Power secures planning permission for 50MW BESS project in Essex
Cambridge Power has confirmed it has received planning permission for a 50MW battery energy storage system (BESS) situated in Essex.
RheEnergise appoints ex-Centrica executive as commercial director
RheEnergise, developer of long-duration hydro-energy storage, has appointed ex-Centrica executive Sophie Orme as commercial director.
Balance Power, TagEnergy partner to develop and manage 500MW of BESS
Balance Power and TagEnergy are set to capitalise on the growing interest surrounding energy storage with the firms having partnered to build, own and operate 500MW of battery energy storage system (BESS) projects across the UK.
UK’s Gresham House Energy Storage Fund reports 53.5% net asset value increase in half-year financials
Gresham House Energy Storage Fund has seen its net asset value increase by 53.5% to £785 million (US$879 million).
SUSI Partners eyes solar-plus-storage opportunities in Italy
Swiss fund manager SUSI Partners is exploring PV-plus-storage investment opportunities, building on a string of announcements in recent months that have seen it bolster its utility-scale solar position in markets such as Poland and Italy.
Industry group hails inclusion of flow batteries in EU’s ‘Battery Passport’
The European Union has resolved a glaring omission in the design of its forthcoming Battery Passport, according to Flow Batteries Europe.
Zenobē begins construction of 300MW battery energy storage project in Scotland
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.
Gravitricity appoints Gneiss Energy to lead £40 million raise to spearhead energy storage projects
Energy storage company Gravitricity has appointed Gneiss Energy to support the development of a £40 million funding drive to spearhead the creation of three demonstrator projects for its technology in the next five years.
