Harmony and Downing trumpet clean power buys
Two London-quoted investment funds were today separately celebrating new power assets joining their portfolios.
Harmony Energy Income Trust, which invests in UK battery energy storage,...
EV drivers “seven times more likely” to have home solar installed
Solar installers have always sensed the link between EV drivers and a solar array on their homes' roofs. Now power retailers Good Energy and...
Salted (sic) for Is and whizz: Mancs brave Italian brine to lift lithium
A Manchester University spin-off has signed a deal with an Italian mining company aimed at making lithium in commercial quantities.
Watercycle Technologies, a deep tech...
Gold rush! Gore Street buys Big in California, finds amp-sheltering Rock
London-quoted investors Gore Street Energy Storage Fund are buying big into America’s grid-scale storage market, acquiring a 200 MW project to be located in...
Zenobē reaches financial close on Phase 1 of world’s first 300 MW battery hooked...
Ground is being broken at Blackhillock, between Aberdeen & Inverness, to deliver the first 200MW of a planned 300MW storage project. Zenobē say it’s...
Zenobē sparks up Europe’s biggest net-plugged battery, in quest of multi-million savings
Battery optimisers and traders Zenobē have begun operations at the weekend from their new 100MW installation at Capenhurst, Cheshire.
It is Europe’s biggest to be...
Faraday Challenge hands out £27.6 million to battery innovators
Projects exploring battery recycling, digital twins, new battery materials, and new manufacturing techniques have received funding from the government’s Faraday Battery Challenge.
From digital twins...
ITM Power’s shares drop 12% on new boss’s profits warning
Shares in AIM-quoted catalyser builder ITM Power closed more than 12 per cent down today at a year low, as investors reacted to a...
Gravitricity ponders hydrogen as “porridge” for ‘Goldilocks’ storage shafts
Inertia-based power storage pioneers Gravitricity are positing steel-lined mine shafts and rock piercings nearly 400 metres deep as storage tanks for Britain’s soon-to-be-abundant hydrogen.
The...
Planners green-light Britain’s biggest battery, and first CCUS plant in Lincs
Innovative generation projects on opposite sides of Britain have this week received planning approval, speeding innovation in the nation’s dispersal and deployment of practical...
Four big battery plants to ease Scotland’s clean transmssion
Over 1GW of new power storage was announced this morning for Scotland's transmission grid.
Innovators Xenobe revealed plans for three amp hotels with a combined...
NextEnergy Solar extends paw, takes Lion’s share of 250MW battery portfolio
Battery investment fund NextEnergy Solar (NESF) is set to pay £32.5 million for development rights on an unbuilt portfolio of two-hour grid-scale storage, set...
RES wins planners’ blessing for 100MW Durham battery
Clean energy developer RES has secured planning permission to progress a 99.9MW battery close to an existing substation near Spennymoor, County Durham.
The mega-device is...
JLEN and Foresight together pledge £28.2 million to 50MW Aberdeenshire battery
Environmental infrastructure investors JLEN and Foresight Solar Fund are going halves on the purchase of a 50MW lithium ion battery project set for Buchan,...
Profits soar at Centrica & Shell
Energy supermajors Centrica and Shell pleased investors today but antagonised customers and politicians, reporting soaring profits. British Gas’s owner declared its first dividend for...
“1.3 TWh of UK wind generation wasted” due to lack of grid-scale storage, developer...
Failure to store renewable electricity during Britain’s escalating energy crisis wastes clean electricity that otherwise could be used by half a million homes a...
£163m Humberside factory to challenge China for magnets and rare earths recovery
Construction has begun of a pioneering British plant designed to wrest control from China of recycling valuable magnetic metals used in EVs and wind...
Harmony exercises firm hold on non-flyaway batteries
Another glimpse quantifying the investment boom in Britain’s grid-scale batteries came this morning, with debutant fund Harmony Energy Income Trust publishing its first performance...
Lithium for EVs “could stymie Europe’s grid storage in mid-decade”, say analysts
Europe’s and the UK’s current deployments of grid-scale power storage will leave the continent falling as much as two-thirds short of the industry’s 200GW...