Despite macroeconomic challenges, Gore Street’s asset value surged 45% over the six months from 31 March 2022, as ancillary service revenues stayed strong.
Two UK battery energy storage systems (BESS) under development by Japanese engineering firm Nippon Koei’s Netherlands-based subsidiary have reached financial close.
Gresham House Energy Storage Fund has seen the EBITDA generated by its portfolio soar to £22.4 million in the first half of this year, jumping from £4.5 million in H1 2020.
More information on the 1,500V energy storage system solutions supplied by Sungrow for the 100MW Minety battery storage project have today (5 August) been revealed.
Gore Street Energy Storage Fund saw its NAV increase 192% in the year ending March 2021, as its portfolio continued to expand to 440MW.
Battery storage firm Zenobe has announced it is to start construction on its 100MW/107MWh battery at Capenhurst, near Chester.
Pivot Power, Wärtsilä and Habitat Energy have today (23 June) activated what the trio claim to be the UK’s first grid-scale battery storage system directly connected to the transmission network.
Gore Street Energy Storage Fund has acquired an 80MW energy storage project from RES, having also entered into exclusivity with the renewable energy company for over 300MW of assets.
Solar Power Portal caught up with Virmati's founder Amit Gudka to discuss the energy transition, the growing need for battery storage and going back to the beginning of a start-up.
Downing LLP has announced its first utility-scale battery storage site in the UK, with a 50MW/53MWh project in Nursling, Southampton.
Solar Power Portal caught up with Harmony Energy CEO Peter Kavanagh about how the industry has changed and what that means for the growth of battery energy storage, as barriers to large-scale development continue to fall away.
Gresham House Energy Storage Fund (GRID) has completed the acquisition of the 50MW Wickham battery project for £32.75 million.