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compared to the previous year. In contrast, investments in the US, the UK, and Europe grew by at least 22%, reaching a combined total of $718 billion.

the importance of battery storage systems like Fiddler's Ferry in the UK's transition to net zero. OCU Energy's chief operating officer, Vince Bowler,

UK storage specialist Zenobe Energy has unveiled detailed plans for a 68-MW battery energy storage system (BESS) on an industrial site outside Lerwick, Shetland’s main town. Backed by about £60 million of non-recourse project-finance debt arranged with NatWest, Lloyds and Siemens Financial Services, the project will be the largest standalone battery ever built on Scotland’s islands and one of the biggest off-grid assets in Europe. The installation—dubbed the Shetland Standby Project—is designed to keep electricity flowing to the archipelago’s 23,000 residents whenever the new 600-MW HVDC cable linking Shetland to the mainland is unavailable. In such situations the battery will “ride through” faults for several minutes, giving Lerwick’s ageing diesel-fired power station time to start up from standby and take over, thereby slashing routine fuel burn and associated emissions. Technically, the system goes beyond conventional storage. Zenobe will pair grid-forming inverters with an AC chopper—a first for a UK battery deployment—to absorb excess wind power and stabilise frequency on an island grid that already hosts more than 450 MW of wind capacity. Construction crews began foundation work this week, and the company expects the plant to enter commercial operation in the second half of 2026 after roughly 12 months on site. Project financing is structured on a non-recourse, 15-year term aligned with a long-term services contract awarded by Scottish and Southern Electricity Networks (SSEN) following a regulated tender. The arrangement provides predictable cash flows while insulating Zenobe’s balance sheet—an approach the company previously used on its Blackhillock, Kilmarnock South and Eccles batteries on the Scottish mainland. With Shetland in hand, Zenobe’s Scottish portfolio tops 1.2 GW of capacity either operating or under construction, reinforcing the firm’s leadership in Britain’s fast-growing long-duration storage market. Analysts say the Lerwick plant will serve as a test case for other islands and remote grids seeking to phase out diesel while maintaining rock-solid reliability.

operates." In spite of an overall strong collection of results, the firm's UK solar portfolio saw outcome 2.9% below budget despite greater than projection

a renewables pipeline of more than 6GW in markets such as Italy, Spain, the UK and also Chile, where the company recently secured financing for 14 solar

company has been conducting comparable community possession schemes for its UK wind ranches for over 15 years, Falck

pipe of further solar chances for which the events can team up. In Italy, the UK firm presently owns completely eighteen solar PV nuclear power plant which

is additionally building the 857-MW Triton Knoll offshore wind park in the UK and also the 150-MW Kidston Stage-3 Wind onshore wind park in

(988.4 acres), the business said. These websites were initially developed by UK solar energy firm Solarcentury. Statkraft acquired the portfolio when it

it is progressing prepare for a variety of solar and also battery sites in the

and dispersed energy markets in Brazil, Portugal, Spain, and also the

to Statkraft's dedication to release 600MW of eco-friendly projects in the UK by

report, is aimed at redirecting its focus toward opportunities in the UK and Europe. In Australia, the fund's assets include 170 MW of operational

output of Quinbrook Infrastructure Partners' Cleve Hill solar project in the UK, a 373-MW solar-plus-storage initiative expected to launch in early 2025.

A 100MW UK power storage space website being established in England by Penso Power looks readied to obtain a 50MW development.