Lightsource BP switches on first battery project from ‘multiple-gigawatt global pipeline’ in UK
Solar developer Lightsource BP has energised its first BESS project, in the UK – the first of its global multi-gigawatt pipeline.
UK ROUNDUP: CIP’s 1.5GW approvals, Home batteries exempted from tax, Gore Street on GB market revenue concerns
Another roundup of news in brief from the UK’s busy energy storage market with project and financial news from Copenhagen Infrastructure Partners, Gore Street Energy Storage Fund, and a tax break for home batteries.
Alcemi given green light for 1.5GW/3GWh of BESS projects in Scotland
Alecemi has been awarded planning permission for two battery energy storage system (BESS) projects totalling 1.5GW in Scotland.
UK’s battery storage assets subject to ‘weak revenue environment’, says Gresham House
The UK battery storage market is suffering a “weak revenue environment”, with assets not able to participate in balancing the GB grid or replacing gas-fired generation to their fullest capability, according to Gresham House Energy Storage Fund.
UK’s Low Carbon signs revenue share deals with optimisers for 95W of BESS
Independent power producer Low Carbon has signed optimisation agreements with Habitat Energy, Flexitricity, and EDF across four battery energy storage systems (BESS) with a capacity of 95MW.
Additional BESS capacity leads France to reopen secondary reserve/aFRR auction
The energy regulator in France has ordered a reopening of a postponed auction for secondary reserve/aFRR services, citing an increase in the number of BESS certified to provide it.
Estonia’s first grid-scale BESS to come online in 2025, LG to supply batteries
Eesti Energi has completed the procurement for its 26.5MW/51MWh BESS, the first of that scale in Estonia, with LG Energy Solution among the successful parties.
Finland moves to 2-hour durations as Neoen launches largest BESS in Nordics
IPP Neoen has started construction on a 2-hour 56.4MW/112.9MWh BESS in Finland, in the context of market dynamics which optimiser Capalo AI explained to Energy-Storage.news.
Sweden BESS: SENS secures land for 40MW, Alfen deploying 20MW at wind plant
In a double whammy of Sweden BESS market news, developer SENS has secured the land for a 40MW project while system integrator Alfen will deploy a 20MW system at a wind farm.
Manufacturers, materials dominate Mercom 2023 list of top VC-funded energy storage companies
UK-headquartered Zenobē Energy attracted the most venture capital (VC) funding of any company in the energy storage industry during 2023, as found by Mercom Capital.
