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57MW Battery Comes to Essex
Renewables UK has recently secured planning permission from the Braintree District Council to install a 57-MW battery energy storage facility in Essex, East
Sep 11, 2023 // Storage, UK, Europe, EDF Renewables, England, Essex
Lightsource BP to begin developing Tiln solar farm
bp will certainly kick-start the building contracts for its biggest ever UK solar project. Construction of the 61MWp project will start at Tiln Farm,
Oct 10, 2022 // Plants, Large-Scale, Commercial, UK, Lightsource BP, Europe, Kareen Boutonnat, Tiln solar farm, Louise Kingham
PACE submits 13MWp co-located solar as well as energy storage project in Lincolnshire
will be the business's 7th planning application in the UK, with the solar farm - that includes the possibility of energy storage - expected to be
Jul 5, 2022 // Plants, Large-Scale, Commercial, UK, Europe, PACE
Elgin Unloads 100MW Solar to Pennon Group
Energy has agreed to sell a 100-MW portfolio of solar projects in the UK to a unit of the Pennon Group Plc. These projects consist of 3 photovoltaic
Jul 11, 2023 // Plants, Commercial, Markets & Finance News, UK, Europe, Elgin Energy, Pennon Group
NextEnergy shuts first tranche of ₤ 1bn solar fund
Capital has announced the first close of its NextPower UK ESG fund at ₤ 327m, which is focused on spending right into new-build utility scale,
Aug 25, 2022 // Markets & Finance News, UK, Europe, Michael Bonte-Friedheim, NextEnergy
UKIB to provide ₤ 200m in storage financing
UK Infrastructure Bank has released plans to invest as much as ₤ 200m across 2 mutual fund to increase the development as well as deployment of energy storage innovations. The bank will invest ₤ 75m on a match financing basis into Gresham House Secure Income Renewable Resource & Storage LP (SIRES) alongside a ₤ 65m financial investment from Centrica. UK infrastructure Bank has also devoted to invest ₤ 125m on a match-funding basis right into Equitix UK Electricity Storage Fund. The deals, which represent the bank's initial investments in the electricity storage field, can assist in around 1300 jobs and will certainly unlock a minimum of a more ₤ 200m in match-funded private sector capital. Gresham House's fund will concentrate on creating the junction of renewable generation and short period electricity storage facilities to aid increase grid links. Centrica will be a keystone capitalist, and also this marks the first time the business has put money right into in such a fund. The ₤ 65m injection will certainly be made use of to fund the construction of the seed asset, a collocated solar and battery energy storage project in Hartlepool, County Durham, with 50MW solar capacity and also 75MWh of battery energy storage. Centrica's Energy Marketing & Trading organization will seek to provide a route-to-market for the assets in the fund once they come to be operational. The fund is anticipated to produce and also support 400 jobs throughout the UK with the construction, procedures and also supply chain. Equitix UK Electricity Storage Fund has an asset portfolio across the UK electricity value chain which provides it with understandings into electricity storage project possibilities addressing the much more intense constraints within the UK electricity network, in addition to a tactical companion network that can assist supply these projects. The fund will certainly concentrate on a mix of business models throughout both short as well as long period of time storage. Short period approaches may consist of installment in homes as well as at underutilised industrial premises, as well as co-location (combining both the battery storage as well as renewable energy generation at the very same site). The fund will also intend to deploy a variety of long period of time storage innovations, such as pumped-hydro. It is expected to assist in 900 jobs across the UK. John Flint, CEO of UK Infrastructure Bank, claimed: "The bank's financial investment into these new funds will aid break down the barriers to higher, long-term financial investment throughout a series of storage field and also renewable energy chances."
Apr 3, 2023 // Markets & Finance News, Storage, UK, Europe, UKIB, EQUITIX
Ecoenergy picks team to supply 50MW Yorkshire battery
Swangate project becomes part of a wider pipe of storage projects in the UK that Ecoenergy is creating that amounts to virtually 2.6 gigawatt
Dec 13, 2022 // Storage, UK, Europe, Econergy Renewable Energy
Statkraft gains planning permission for 50MW Stargoose solar farm
this wonderful possibility to contribute to the decarbonisation of the UK's power supply as well as authorized the Stargoose Solar Energy Farm today,"
Apr 14, 2022 // Plants, Large-Scale, Commercial, Storage, Statkraft, solar farm, Gareth Hawkins
Shell to acquire 100MW PV quartet from Anesco
is advancing the purchase of 4 solar projects in the UK being developed by Anesco, with a complete capacity of 100MW. Anesco has actually been developing
Aug 11, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, shell, PV Power Plant, Anesco
London-based NextEnergy Achieved Third Close for Its Private NPUK ESG Fund
investment and asset manager, has reached the third close of its NextPower UK ESG (NPUK ESG) fund, which is the UK’s first private
Feb 21, 2023 // Markets & Finance News, UK, Europe, NextEnergy
Labour challenges plan to limit solar development
and also has actually highlighted Labour's promise to triple the size of the UK solar market in its first term as part of making Britain a "clean energy
Oct 14, 2022 // Policy, UK, Europe, Ed Miliband, Liz Truss, Labour Party
Construction kicks off on 50MW TagEnergy and also Harmony Energy battery storage site
having gotten a 60% stake in the project in November 2021. Santander UK, at the same time, is offering ₤ 12.5 million in funding to the project. The
Mar 29, 2022 // Markets & Finance News, Storage, TESLA, UK, Europe, Harmony Energy, Peter Kavanagh, tagenergy
NextEnergy Solar co-invests in 210-MW solar project in Portugal
50-MW Spanish solar project "NESF currently has solar investments across the UK, Italy, Spain and Portugal, more adding to the diversification of the
May 9, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Portugal, Europe, Solar Project, NextEnergy
Renewable Connections sells two Scottish solar projects
Connections and also European Energy UK have actually offered two 'shovel-ready' Scottish co-located solar and battery storage projects. Both sites,
Apr 19, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, UK, Europe, SCOTLAND, Renewable Connections, Michael Hughes, Adam Spearey, EVC KILT
Tesla Constructs Europe's Biggest Battery Alongside Dogger Bank Offshore Wind Project
Income Trust, a firm that invests in large-scale storage assets around the UK. A Tesla battery developer has claimed to be the largest battery released in
Nov 24, 2022 // Storage, Elon Musk, Europe, Harmony Energy, Dogger Bank offshore wind farm, Pillswood battery, Tesla battery