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The increasing capacity of battery energy storage systems (BESS) in the UK is leading to the development of new types of contractual arrangements, while financing is “developing at a rapid pace”, according to Jonathan Cohen, head of energy at law firm Howard Kennedy.

Gore Street Energy Storage Fund is looking to raise £75 million via the issue of 68,181,818 new ordinary shares to fund the acquisition and construction of a new pipeline.

Construction has commenced on a 49.5MW/99MWh standalone energy storage system following new funding from Santander UK.

Gore Street Energy Storage Fund is eyeing changes that would allow it to invest a greater percentage of its assets into projects outside of the UK and Republic of Ireland.

Alcemi and Copenhagen Infrastructure Partners (CIP) have partnered for the development, construction and operation of a 4GW portfolio of UK energy storage assets.

The installation of rooftop solar PV across several buildings, alongside battery storage and solar canopies, has begun at Portsmouth International Port as part of its bid to reduce carbon emissions to net zero by 2030.

Gore Street has signed a deal with Nidec ASI for the provision of engineering, procurement and construction (EPC) services for the 49.9MW Ferrymuir and 79.9MW Stony battery storage sites.

AMPYR Solar Europe (ASE) has signed a deal with Edinburgh Airport to develop a 9MW solar farm linked with battery storage and electric vehicle (EV) charging infrastructure.

Trina Storage has completed the supply of its first UK battery energy storage system (BESS), the 50MW/56.2MWh fully integrated grid-scale battery energy storage system owned by SMS plc.

Cambridge Power Limited has signed a Framework Agreement with Brookfield Renewable to develop a new portfolio of solar and battery storage.