Eelpower Energy secures funds for up to 1 GWh of UK battery storage
Eelpower Ltd. joins consortium of public and private sector investors to launch new battery energy storage system (BESS) developer – Eelpower Energy. The developer is targeting final investment decisions on up to 1 GWh of capacity by the end of 2025.
UK storage on the fly with 6.9 GW cumulative pipeline
At an event in London, a new tool was presented which lets the user track the UK storage landscape. The market is gaining traction amidst disfavourable policies for solar PV and other renewables from Westminster. The UK’s storage portfolio seems to be growing rapidly.
Eelpower announces £500 million,1 GW storage plan for the UK
Eelpower Limited has acquired a 20 MW battery storage scheme from Anesco in the U.K. Overall, it plans to invest £500 million in delivering 1 GW of storage capacity by 2022.
