Frequency response drives Gresham House’s earnings to £22.4m
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.
Articles tagged with: Frequency Response
Gresham House acquires first Scottish battery storage site 30MW Byers Brae
Gresham House Energy Storage Fund (GRID) has conditionally agreed to acquire a c.30MW battery project known as Byers Brae.
Thrive Renewables enters battery storage market with 5MW acquisition
Thrive Renewables is to acquire a 5MW/7.5MWh battery storage facility from Eclipse Power Generation.
Lumcloon energises 100MW Irish battery in Hanwha partnership
A 100MW battery storage facility in Co. Offaly in Ireland has this week been energised, having been developed as part of a partnership between local developer Lumcloon Energy and South Korea's Hanwha Group.
Frequency response remains main driver for beleaguered UK storage sector
Frequency response continues to be a key driver of front of the meter storage in the UK, but the market is slowing as it faces numerous challenges.
Gore Street fund makes new battery acquisitions with 19MW pair from Origami Energy
Gore Street, the UK’s first listed fund targeting energy storage specifically, has acquired two battery storage projects from Origami Energy, taking its portfolio to 29MW across four projects.
National Grid to trial solar, wind in frequency response markets next year
National Grid has confirmed its intent to trial distributed energy generators including solar PV as sources of frequency response next year.
Battery costs must fall another 30% before storage projects are viable, investor says
Battery storage technology costs will have to fall by a further 30% before projects are feasible without lucrative frequency response revenue, a leading investor has said.