Harmony Energy successfully bid six battery energy storage system projects in the latest T-1 Capacity Market auction for delivery years 2024/25, increasing its revenue for this period to £3.2 million.
The Energy Storage Summit EU 2024 heard praise for the UK BESS industry’s approach to “perhaps the most complex energy asset to optimise” from a market perspective.
Norwegian state-owned power company Statkraft has been granted planning permission for its fifth Greener Grid Park, located adjacent to the Coylton substation.
Independent power producer (IPP) Econergy and Rivage Investment have agreed to £128 million (€150 million) in debt financing to progress their pipeline of European PV projects.