Published: 12 May 2023, 16:47 Chape Farm is the company’ second UK site to go live following the 20MW/40MWh site in Dorset. Image: Pixabay. TagEnergy’s largest capacity battery storage facility in the UK – a 49.5MW/99MWh site near Luton – has gone live. Located at Chapel Farm the £30 million development is a joint venture […]

Published: 12 May 2023, 17:23 Bluefield Solar’s unaudited Net Asset Value (NAV) fell slightly in the first quarter of the year, to £850.2 million, or 139.1 pence per share. The company posted a NAV of £870.7 million in Q4 2022.  The NAV fell by 3.3% from a price per share of 142.4 pence with the

Published: 11 May 2023, 12:17 The agreement follows Masdar’s recent commitment to invest £1 billion in UK battery storage. Image: Octopus (Richard Boll Photography). Octopus Energy has signed a framework agreement with Masdar to use Octopus’ technology platform Kraken to flexibly manage the clean energy developer’s UK battery storage portfolio. The agreement – signed by

Envision to supply BESS for two Harmony Energy projects totalling 166MWh. Image: Harmony Energy. Chinese multinational corporation Envision Energy has agreed on a partnership with Harmony Energy Income Trust to provide battery energy storage systems (BESS) for projects in the UK. The strategic partnership will see BESS implemented into a number of Harmony Energy’s power

Published: 9 May 2023, 11:33 ORIT currently has eight solar photovoltaic (PV) assets in the UK with a total capacity of 123MW. Image: ORIT. According to Octopus Renewables Infrastructure Trust plc’s (ORITs) Q1 2023 financial results, lower forecast wholesale power prices across Europe were the biggest contributor to the company’s Net Asset Value (NAV) decrease.

Foresight Solar Q1 2023 NAV decreases due to lower near-term power prices. Image: Foresight. Foresight Solar Fund has seen its Q1 2023 net asset value (NAV) decrease to £757.5 million as a result of lower near-term power price forecasts. The fund, which invests in ground-based solar PV and battery storage assets across the UK and

Published: 5 May 2023, 10:45 Home solar and EV installation design. Image: Otovo Residential solar marketplace Otovo says solar installation prices fell by 13% in a six month period to March 2023 for British households. Otovo, a Norwegian company which launched in the UK in February, expects both the cost of panels and labour to

Image: SSE Energy Solutions. SSE Energy Solutions has provided technology to help manage the operation of a 2MW battery at The University of Sheffield. The local energy infrastructure division of SSE is set to install its Enhance platform to optimise the 2MW battery storage asset which is situated within the £4 million Willenhall Energy Storage

Published: 4 May 2023, 15:05 Image: Schroders Greencoat Schroders Capital has announced that it has received approval from the UK’s Financial Conduct Authority for its second Long-Term Asset Fund (LTAF), and the first dedicated to renewable energy. The fund, to be managed by Schroders Greencoat, is the first LTAF authorised to have an investment remit

Wärtsilä is developing a similar project with EDF which is set to begin construction in Spring 2023. Image: Wärtsilä. Technology group Wärtsilä has signed a repeat order with EDF Renewables UK to deliver a 57MW/114MWh grid-scale energy storage system (ESS) in Bramford. The order, which was booked in the first quarter of 2023 and is