Equinor completes final investment decision for first UK battery asset
Equinor has approved the final investment decision of its first battery energy storage asset in the UK.
Equinor has approved the final investment decision of its first battery energy storage asset in the UK.
Norwegian oil and gas giant Equinor has acquired a 45% stake in UK utility scale storage and stability services developer Noriker Power.
Gresham House Energy Storage Fund has completed its investment in the 50MW/75MWh Thurcroft battery storage site.
Gresham House, formerly Hazel Capital, is to float an energy storage fund on the London Stock Exchange next month, with an aim to raise £200 million to fund 262MW of energy storage projects over the next year.