UK battery energy storage acquisitions heating up
About 550 MW of battery energy storage systems (BESS) deals have been signed in the United Kingdom over the past few days. Most recently, Masdar acquired London-based storage developer Arlington Energy.
London fund announces investment vehicle for new subsidy-free UK solar
NextEnergy Capital Group has secured a £100 million credit line from Spanish lender Santander as it aims to connect the U.K.’s largest solar plant to the grid this year.
Shell PPA for electricity from 100 MW energy storage facility in the UK
The oil giant says it will use the electricity provided by two 50 MW batteries to optimize the integration of renewables nearby. The task will be undertaken by the group’s Limejump unit. The energy storage units are set to be operational this year.
PPA-backed solar roll-out sees £20 million pledge in the UK
NESF and Zestec have joined forces for the development of a commercial portfolio in the U.K. NESF provides the capital, which will be refinanced through the proprietary PPA model by Zestec.
Limejump secures solar PPA from NextEnergy Solar Fund
The UK energy technology company said the new contract will provide 120 MW of solar generation through its Limejump Virtual Power Platform. The energy bought from NextEnergy Solar Fund will then be traded on the national grid.
NextEnergy Solar Fund heralds arrival of subsidy-free UK solar
Amid falling costs across the industry, Guernsey-based investment company NextEnergy Solar Fund is planning to develop four solar plants totaling 59.8 MW without the U.K. government’s financial backing.
