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NextEnergy Capital launches £500m solar fund with support from UK Infrastructure Bank

NextEnergy Capital launches £500m solar fund with support from UK Infrastructure Bank

Published: 1 Dec 2021, 12:54 At 75MW, NextEnergy Capital says its Llanwern solar farm is the largest in operation in the UK. Image: NextEnergy Capital. Investment manager NextEnergy Capital (NEC) has launched a £500 million subsidy-free solar fund, with up to £250 million to come from the UK Infrastructure Bank (UKIB). The fund, NextPower UK […]

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Macquarie’s GIG partners Capbal to develop 187MWh storage portfolio

RGREEN INVEST makes first step into UK market with investment into 110MW of battery storage

National Grid has said at least 13GW of storage will be needed by 2030. Image: Getty. French investment management company RGREEN INVEST has made its first step into the UK market, investing in four greenfield battery storage plants These have a combined capacity of 110MW, and have been purchased from Arlington Energy and funded by

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Gore Street raises £135m to fund 1.3GW development pipeline

Gore Street’s Kilmannock BESS to expand by 90MW

Published: 29 Nov 2021, 11:51 Gore Street’s Drumkee battery storage system, which was called on after two gas generators tripped on 22 November. Image: Gore Street. Gore Street Energy Storage Fund’s Kilmannock battery energy storage system (BESS) in Co. Wexford, Ireland, has received an additional grid volume allocation of 90MW, building on the 30MW currently secured.

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Aberystwyth University gets green light for £2.9m solar farm

Aberystwyth University gets green light for £2.9m solar farm

The solar farm will sit on university owned land at Aberystwyth University’s Penglais Campus. Image: ScottWaby. Aberystwyth University has got the green light for the development of a £2.9 million solar array on land adjacent to its Fferm Penglais student accommodation. Work is set to begin on the 2.5MW solar array in February 2022, with

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Strong solar growth could save €106m per year in Ireland

Elgin Energy targets 5GW of solar plus storage by 2025 following £25m fundraise

Published: 26 Nov 2021, 12:54 Elgin Energy now has a portfolio of over 4GW of projects in late-stage development across the UK, Australia and Ireland. Image: David Meehan (Elgin Energy). Solar and storage developer Elgin Energy has raised £25 million, and will target an ambitious medium-term growth strategy. The company is looking to use the

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Gresham House records boost in profits despite 'one of the most challenging years'

Gresham House to significantly grow its BESS pipeline thanks to £380m NatWest funding

Gresham House Energy Storage Fund has a portfolio of 425MW of operational battery energy storage, including the 50MW Wickham Market site in Suffolk (pictured). Image: Gresham House Gresham House Energy Storage Fund plc (GRID) is to significantly grow its pipeline having secured a £380 million funding package from NatWest. The funding includes plans for seven

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MCS launches battery installation standard in bid to provide 'one-stop-shop' to installers

MCS launches battery installation standard in bid to provide ‘one-stop-shop’ to installers

Published: 26 Nov 2021, 12:24 The battery installation standard was first piloted in 2020. Image: MCS The MCS has launched what it says is the first battery installation standard, detailing requirements for MCS certified installers who supply, design and install electrical energy storage or battery systems. Having been piloted at the beginning of 2020 with volunteer

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Balance Power secures planning approval for 30MW BESS with further southwest sites to come

Balance Power secures planning approval for 30MW BESS with further southwest sites to come

Published: 25 Nov 2021, 10:16 A mock up of the battery energy storage site. Image: Balance Power. A 30MW battery energy storage system (BESS) in North Tawton, Devon, has been granted planning approval by West Devon Borough Council. Developed by Balance Power, the site is to be the first stand-alone battery project in West Devon, and the

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