Centrica and the UK Infrastructure Bank (UKIB) have backed Highview Power with a £300 million investment. The funding will enable the liquid air energy storage firm to start building its first large-scale project.
At the Renewable Energy Revenues Summit 2024, a panel praised National Grid ESO’s role in facilitating the market and suggested that third-party optimisation may not be commoditising as some had anticipated.
Harmony Energy Income Trust (HEIT) has cancelled its first quarter dividend and appointed JLL to sell some or all of its BESS portfolio, partly to demonstrate that the fund is undervalued by the markets.
Recurrent Energy, a subsidiary of Canadian Solar, has secured a multi-currency revolving credit facility worth up to €1.3 billion (£1.1 billion) to finance new solar projects in several countries, including the UK.
International diversification helped the Fund, which trades on the London Stock Exchange under the GSF ticker, maintain average revenues across its portfolio.