Gresham House to significantly grow its BESS pipeline thanks to £380m NatWest funding
Gresham House Energy Storage Fund plc is to significantly grow its pipeline having secured a £380 million funding package from NatWest.
Articles tagged with: Grid
Gresham House acquires another 50MW battery project for £32.75m
Gresham House Energy Storage Fund (GRID) has completed the acquisition of the 50MW Wickham battery project for £32.75 million.
PODCAST: New behind-the-meter tech and grid carbon intensity lows
This month’s episode of the Solar Media Podcast is now available to listen to, with discussion around emerging renewables financing and new grid records in the UK.
Somerset Council-owned battery to be boosted to 30MW
A 25MW battery energy storage system (BESS) in Somerset will see an additional 5MW, taking it to its maximum capacity.
Varta battery software update to introduce new grid charging function
Battery manufacturer Varta is to rollout a software update to UK customers in March introducing a new, grid-charging function to its installed domestic batteries.
Gore Street’s battery storage fund underwhelms in debut issue
Gore Street Capital’s Energy Storage Fund has fallen someway short of its £100 million fund raising target, securing less than one-third of that figure.
Records tumble as solar PV dominates UK bank holiday power supply
The bank holiday sunshine helped solar PV become the UK’s dominant source of electricity for three hours on Sunday afternoon.
UK’s maiden listed storage fund eyeing £100 million float
The UK’s first listed fund for energy storage is setting out to raise £100 million for investment in battery projects, with a seed portfolio of an estimated 18MW/20MWh already arranged.
Northern Powergrid to invest £83 million in upgrades to allow more solar
Northern Powergrid (NPg) has unveiled an £83 million plan to upgrade thousands of substations that will allow more solar to connect to its network without the need for costly upgrades.
INRG in pursuit of ‘perfect answer’ for subsidy-free solar economics
Solar developer INRG has spoken of how it wants to crack subsidy-free solar economics with its planned 120MW solar project.
Solar pivotal in greenest year yet for UK energy
UK solar has been lauded for the pivotal role it played in what has been billed as the greenest year yet for the UK’s energy supply.
Domestic batteries to link Irish homes together with variable renewables in new trial
Battery storage and smart technologies are to be rolled out to homes in the Irish town of Dingle as part of a new trial to test their potential to support the use of variable renewable energy supply resources and smart connection to the Irish electricity grid.
Government policy and regulation put up an ‘entrenched barrier’ to 12GW of battery storage say MPs
Government policy and regulation offer the biggest barriers to the deployment of battery energy storage in the UK according to the All-Party Parliamentary Group (APPG) on Energy Storage, which claims 12GW of batteries could be deployed by 2021 under the right circumstances.
NESF commits to developing UK subsidy-free solar in 2018
NextEnergy Solar Fund has accelerated its timeline for developing subsidy-free solar in the UK, committing to completing four such projects over the next 12 months.
Feature
Editor's blog
EFPs, CFDs and every other acronym in between: solar’s role in the Helm review
Liam Stoker takes a look at the acronym-tastic review of energy costs, led by Dieter Helm, which recommended, among more than 60 other things, the phasing out of CfDs and the introduction of equivalent firm power auctions.
Renewables sets new UK record despite stagnating solar deployment
Renewable generation set a new record in the UK throughout Q2 2017, however there have been repeated warnings for government as solar deployment continued to falter.
Solar contributes to second successive quarter of clean power surge
Solar power contributed 17% of total renewable energy generation in Q3 2017 totalling 3.2TWh, according to the latest report from energy monitoring firm EnAppSys.
Soaring solar sends UK power demand to eight-year low
Soaring generation from the UK’s solar assets sent UK power demand to a new low last month, according to data compiled by monitoring firm EnAppSys.
Isle of Wight curtailment reduced following intense negotiations with SSE
Widespread curtailment of solar generators that had been planned for the Isle of Wight between July and October will be largely avoided following intense negotiations between SSE and a consortium of affected generators on the island.
European trade lobby leaps to renewables’ defence as anti-priority dispatch rhetoric is ramped up
The European renewables lobby has leapt to the defence of the sector, warning that a withdrawal of priority dispatch for renewables would be counterproductive.
Engie chief lauds ‘prominent’ role for solar in future energy systems
Solar is set to play a prominent role in future energy systems, according to the chief executive of French power company Engie.
UK renewables muscle out fossil fuels for first time
Renewables energy generation records have tumbled once more in the UK as low carbon electricity sources outperformed fossil fuels for the first time ever.
Isle of Wight generators slam ‘years of under investment’ as curtailment nears
A coalition of generators affected by outages on the Isle of Wight has released a statement revealing that a number of assets were fully curtailed for almost the majority of April after SSEN provided just two months’ notice of the disconnection.
STA bolsters policy team as new government and Brexit loom
The Solar Trade Association (STA) has strengthened its policy development team as it moves to ready itself for the “pivotal moment” of a new government and the looming Brexit negotiations.
Feature
Editor's blog
How UK solar broke records last week
Liam Stoker looks back at the contributing factors to UK solar's record-breaking half-hour last Friday as the industry sets its sights on further landmarks to come this summer.
Exclusive: Isle of Wight solar set for summer of switch-offs
Solar farms on the Isle of Wight are set for a summer of rolling constraint periods while Scottish and Southern Electricity Networks (SSEN) and National Grid conduct work on the island’s infrastructure, SPP can reveal.
UK braced for ‘record’ solar generation as prospect of negative pricing is raised
The UK’s energy market is braced for a potential new record for solar generation this weekend as industry professionals raise the prospect of negative pricing.
WPD investigates the future of storage following ‘unprecedented’ applications
Western Power Distribution (WPD) has launched a consultation seeking views on the potential growth of energy storage on its distribution network after receiving an ‘unprecedented’ 8GW of applications in the last 18 months.
UK energy market faces ‘intolerable outcomes’ if it fails to embrace changing, distributed dynamic
Any failure of the UK’s energy market to embrace the “rapidly changing” nature of generation and demand will lead to “intolerable outcomes” such as blackouts and brownouts, a new report from think-tank Green Alliance has warned.
Early taste of summer sees UK renewables set new records
The UK’s suite of renewables set new records last weekend as the country basked in unseasonably bright conditions for much of Sunday.