A new report written by Cornwall Insight in partnership with global law firm DLA Piper has emphasised the “urgent need” to incentivise the development of new long-duration energy systems that are “crucial” to the UK achieving net zero by 2050.
Global optimiser Habitat Energy has signed an agreement with Gresham House Energy Storage Fund that will see over 500MW of battery energy storage optimised.
TagEnergy, a renewable energy developer, confirmed this week that it had closed a €570 million (£487 million) green bond to boost its solar, wind and energy storage pipelines in the UK, Europe and Australia.
Renewable energy company Boom Power is set to develop a 237.5MW co-located solar-based Nationally Significant Infrastructure Project (NSIP) in Fenwick, Doncaster.
Renewable energy company Pacific Green Technologies has agreed to sell a 99MWh battery energy storage system (BESS) at Richborough Energy Park for £74 million.
Solar and battery storage developer Renewable Connections has been given the greenlight to develop a 42MW battery energy storage system (BESS) in Dunfermline, Fife.