Gresham House Energy Storage Fund has secured £155 million incremental term debt via an Accordion arrangement contemplated under an existing senior debt facility.
Proposals have been brought forward by Photovolt Development Partners (PVDP) for the creation of a solar project in Botley West, Oxfordshire, which could deliver 840MW of clean energy to National Grid.
EDF Renewables UK is to develop 50MW/100MWh of battery energy storage system (BESS) technology in the UK’s second Energy Superhub being constructed in Coventry.
NextEnergy Solar Fund has acquired a “strategic portfolio” of battery storage development projects located in a grid-congested area in the East of England.
Developer Fotowatio Renewable Ventures (FRV) has acquired two new battery energy storage projects, with a combined capacity of up to 100MW, from RE Projects Development Limited (REPD).
PowerMarket have released the results of a study that indicates that if the UK used 5% of available UK commercial rooftop space for solar, it could lead to an estimated £12.6 billion per year in energy cost savings.