NextEnergy Solar Fund acquires 250MW/500MWh ‘strategic battery storage portfolio’
NextEnergy Solar Fund has acquired a “strategic portfolio” of battery storage development projects located in a grid-congested area in the East of England.

NextEnergy Solar Fund has acquired a “strategic portfolio” of battery storage development projects located in a grid-congested area in the East of England.
Cambridge Power has confirmed it has received planning permission for a 50MW battery energy storage system (BESS) situated in Essex.
RheEnergise, developer of long-duration hydro-energy storage, has appointed ex-Centrica executive Sophie Orme as commercial director.
Balance Power and TagEnergy are set to capitalise on the growing interest surrounding energy storage with the firms having partnered to build, own and operate 500MW of battery energy storage system (BESS) projects across the UK.
Gresham House Energy Storage Fund has seen its net asset value increase by 53.5% to £785 million (US$879 million).
Swiss fund manager SUSI Partners is exploring PV-plus-storage investment opportunities, building on a string of announcements in recent months that have seen it bolster its utility-scale solar position in markets such as Poland and Italy.
Scottish energy storage developer ILI Group has confirmed a sales tender for a 300MW battery energy storage (BESS) portfolio.
TagEnergy and Harmony Energy have confirmed construction has started on a 49MW/98MWh standalone energy storage system (BESS) situated near Abernethy, Scotland, with financial support from Santander UK.
Zenobē Energy has started construction of a 300MW/600MWh battery energy storage project in Blackhillock, Scotland, following a £235 million long-term debt facility secured from five banks.
Zenobē secures £235 million to develop two battery energy storage projects in Scotland. The agreement also includes a £400 million accordion facility that will be used to debt finance expansions as well as future projects.