Storage

German renewables funders Capital Stage is lining up its first battery storage move, but stressed it could be some time before business models are mature enough.

Solarcentury has announced a major partnership with European renewables funder Capital Stage in a move which will provide a substantial boost to its international expansion.

The UK’s large-scale battery storage installations have reached 100MW of capacity, made up of around 50 individual sites larger than 250kW. However, as Solar Media Market Research analyst Lauren Cook explains, data from the UK Battery Storage Project Database report shows that this is just the beginning, with revenue stream patterns emerging to show how projects are proving to be successful.

Hazel Capital has been bought by investment manager Gresham House through a combination of cash and newly issued shares, which includes new investment in three energy storage projects.

Cambridge Fire and Rescue Service (CFRS) has moved to pre-emptively dispell claims that it would not respond to solar panel incidents for fear of being electrocuted after a potential scam emerged.

Investors in renewable energy technologies have had to undergo “a journey” from the fixed revenue offered by traditional solar projects to the “grey area” of energy storage revenues.

Earlier this month Solarcentury chief Frans van den Heuvel became the fifth recipient of the Solar Power Portal Awards’ outstanding achievement accolade. We caught up with Frans to discuss his five years at the helm of one of the UK solar industry’s stalwarts and what the future might hold for the firm.

The Microgeneration Certification Scheme has confirmed the election of a new management panel of six industry representatives.

New build housing developers are in need of a re-education if they are to realise the benefits that solar and storage installations pose for their projects.

Chinese manufacturer Growatt has revealed it is building up a base of accredited storage installers in the UK.