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Dundee to host battery Megafactory
cells required to assist amaze vehicles, homes, and also markets for the UK's power transition. AMTE Power remains one of the only companies in the
Jul 29, 2022 // Storage, AMTE Power, SCOTLAND
Octopus Energy, Nest And GLIL Spend ₤ 200 Million In Hornsea One
farm off the shore of Yorkshire makes use of the plentiful wind sources of the UK to produce green energy for over a million residences. Larger than the Gherkin
Aug 9, 2022 // Markets & Finance News, clean energy, finance, Octopus Energy, Renewable Energy, International, solar projects, green energy, Hornsea One, Octopus Energy Investments
House of Lords gets in touch with Government to support community energy projects
bulk of MPs as well as a wide nationwide coalition consisting of four of the UK's six circulation network operators. Presently there are no actions that
Aug 15, 2022 // Commercial, Residential, Markets & Finance News, UK, Europe, James Newcombe, Steve Shaw
Octopus to invest ₤ 150m mandate in sustainable assets
to invest in a series of eco-friendly possessions, consisting of solar in the UK. Octopus Renewables is currently the biggest financier of utility-scale solar
Oct 18, 2021 // Markets & Finance News, UK, Europe, Octopus, Alex Brierley, Chris Hulatt
Scottish designer offers 50MW battery
Group are behind plans for 3GW of energy storage space projects in the UK, which will certainly bring 2GW of pumped storage space hydro and 1GW of
Nov 2, 2021 // Markets & Finance News, Storage, UK, Europe, ILI Group, Mark Wilson, Amit Gudka
Harmony Energy protects ₤ 60m from NatWest for battery storage acquisition
2021. This is helping it increase its battery storage portfolio in the UK, consisting of the company securing a lease for its 100MW Creyke Beck project
Jun 23, 2022 // Markets & Finance News, Storage, UK, Europe, Harmony Energy Income Trust plc, Norman Crighton
Freshly created Q ENERGY Group goes into European market with a 12GW project pipeline
Group overall is energetic across Spain, France, Portugal, German, Italy, the UK and the Netherlands. The new Group will have a 12GW development portfolio,
Jul 4, 2022 // Markets & Finance News, Europe, Hanwha Q Cells, Hanwha, european solar, hanwha solutions corporation, Q ENERGY France, Q ENERGY Solutions
Sun shines on solar with 2.2 GW auction success
2209MW of capacity have actually been assigned support under the most recent UK Contracts for Difference (CfD) Round 4. The strike price for solar PV
Jul 7, 2022 // Markets & Finance News, UK, Lightsource BP, Europe, Chris Hewett, JBM Solar, England, BEIS, Cleve Hill, SCOTLAND, CFD4
Octopus Energy Completes Full Acquisition of Exagen
Energy Generation has completed a full acquisition of UK renewables developer Exagen Group, enhancing its support for Exagen's growth and project
Sep 24, 2024 // Storage, Octopus Energy
Boom Power Secures Approval for 300-MW Battery Project
UK solar developer Boom Power has received planning approval for a 300-MW/660-MWh battery energy storage system in Wales, near the village of Cemaes on Anglesey's north coast. Spanning 38.7 acres, this standalone facility will connect directly to the power grid and is designed to store energy from wind and solar sources, discharging it during peak demand periods.The project aligns with the Welsh government's net-zero emissions target by 2050 and aims to enhance the resilience of the UK energy network amid increasing electricity demands. Boom Power's founder, Mark Hogan, emphasized that battery storage is essential for maximizing renewable energy potential and reducing reliance on fossil fuels. How will Boom Power's new battery storage system impact Wales' renewable energy goals? Enhanced Energy Storage Capacity: The 300-MW/660-MWh battery storage system will significantly bolster Wales' energy storage capacity, enabling greater integration of renewable sources like wind and solar into the grid. This expanded capacity is crucial in addressing the intermittency of these energy sources. Support for Renewable Integration: By storing excess energy generated during peak production times, the system will facilitate a smoother transition to renewable energy, allowing Wales to better utilize its renewable resources and support the Welsh government's commitment to increasing the share of renewables in the energy mix. Peak Demand Management: The ability to discharge stored energy during peak demand periods ensures a more stable energy supply, which is vital for both residential and industrial consumers. This will help in minimizing the risk of blackouts and maintaining grid stability. Economic Growth and Job Creation: The construction and operation of the battery storage facility can create job opportunities within the local community. Additionally, it can attract further investment in renewable technologies and infrastructure, contributing to economic development in Wales. Reduction of Carbon Footprint: By enabling a higher penetration of renewable energy and fostering a decrease in fossil fuel usage, the battery system will directly contribute to reducing Wales' overall carbon emissions, helping meet its ambitious climate goals. Innovation and Technological Advancement: This project aligns with broader initiatives to promote innovation in energy technologies. It may act as a model for future energy storage projects in Wales and across the UK, showcasing the effectiveness of large-scale battery systems in tackling energy challenges. Resilience Against Energy Market Fluctuations: With the ongoing energy crisis, having a robust battery storage solution will provide Wales with greater energy independence and resilience against fluctuations in energy prices, as it can store energy when prices are low and discharge it when they are higher. Grid Modernization and Smart Energy Solutions: The project is likely to play a role in modernizing the energy grid in Wales, potentially paving the way for the integration of smart technologies that optimize energy distribution and usage across households and businesses. Community Engagement and Partnership Opportunities: Boom Power’s commitment to working with local communities can strengthen partnerships for future renewable energy projects, fostering a sense of ownership and involvement among local residents in the transition to a sustainable energy future Synergy with Other Renewable Initiatives: The battery storage system can complement existing and planned renewable projects across Wales, such as offshore wind farms and solar installations, creating a more interconnected and efficient renewable energy landscape. Potential for Energy Export: By improving the reliability and stability of the energy supply, the battery storage system may enhance Wales' potential to export excess renewable energy to other regions, thereby reinforcing its role in the UK's energy market and supporting regional economic ties.
Oct 2, 2024 // Storage, Boom Power
Britishvolt and Welsh Govt Sign MoU for 30 GWh Battery Factory
have now signed an MOU, to team up on the potential of constructing the UK's very first complete cycle battery cell gigaplant subject to UK
Jul 22, 2020 // Manufacturing News, Storage, battery, Lithium ion, Britishvolt, Wales, Orral Nadjari
Roadmap Launched for Future Deployment of Energy Storage Technology
of power storage as well as the part it will certainly play in helping the UK reach its net-zero targets on carbon emissions by 2050 has actually been laid
Dec 9, 2020 // Markets & Finance News, Storage, EVs, University of Birmingham, Jonathan Radcliffe, David Elmes
10 ways to ensure bees gain from the solar energy boom
from sustainable resources - at the start of 2020 a record breaking 47% of the UK's electrical power originated from renewables, consisting of wind, solar,
Apr 26, 2021 // Technology, UK, Europe, Hollie Blaydes, Simon Potts, University of Reading, Alona Armstrong
Octopus Energy launches ₤ 185 million renewable fund and buys developer Exagen
fund will target solar, onshore wind and also energy storage projects in the UK in addition to the rest of Europe. The firm also specified it can optimize
Aug 25, 2022 // Markets & Finance News, Storage, UK, Europe, Octopus Energy, Exagen
Solar trees could soon be charging your car
prior to beginning commercial production at the end of the year. In the UK, EV charging framework is rapidly growing, with more than 40,000 public
May 30, 2023 // Technology, Transport, solar tree