Gore Street Capital’s Energy Storage Fund has fallen someway short of its £100 million fund raising target, securing less than one-third of that figure.
The Environmental Audit Committee (EAC) has issued a damning verdict of the government’s approach to clean energy investment in recent years, calling on it to publish an urgent plan to plug looming policy gaps.
Bristol City Council has said that as much as £40 million could be invested in the city’s renewables capacity by 2027 as it bids to become carbon neutral by 2050.
British perovskite solar cell developer Oxford PV has undertaken a new funding round, led by key existing investors Statoil and Legal & General Capital.
Myenergi, the clean tech manufacturer behind the Zappi EV charger and Eddi power diverter, has landed £1.2 million in new finance from private investors.
Battery storage technology costs will have to fall by a further 30% before projects are feasible without lucrative frequency response revenue, a leading investor has said.
EFG Hermes has heaped praise on its asset optimisation team after the 365MW former-SunEdison portfolio it acquired earlier this year performed some 25% ahead of expectation.
