Fotowatio Renewable Ventures (FRV) and Harmony Energy have announced the energisation and launch of a 99 MW / 198MWh Clay Tye battery energy storage system (BESS) located in Essex, UK.
The system features 52 Megapack lithium-ion batteries together with Tesla’s Autobidder AI software for energy capacity sharing and efficient project management. The Megapack batteries have a capacity of 198 MWh and are connected to the UK Power Networks distribution network, allowing them to store energy from renewable sources and provide on-peak flexibility to the UK’s national grid as part of the continued transition away from fossil fuels
The facility has enough power capacity to supply energy to more than 300,000 UK homes for 2 hours at a time.
Virgin Money announced that it is providing EUR33 million of long-term funding for a 45MW solar farm in Hertfordshire in the UK
Read moreExport Finance Norway (Eksfin) is providing loan financing of EUR 525 million (US$570 million) to Ørsted for the purchase of two transformer platforms from Norway’s Aibel f...
Read moreLhyfe has unveiled plans for its 20 MW green hydrogen project in Wallsend, North Tyneside, UK. Named Lhyfe Wallsend, the facility will be capable of prod...
Read moreThe European Investment Fund (EIF) has signed a EUR150 million (US$161.62 million) cornerstone commitment to the White Summit Capital Decarbonisation Infrastructure Fund II (WDIF II).
Read moreSchroders Greencoat, the specialist renewables and energy transition infrastructure manager of Schroders Capital has launched Schroders Greencoat Global Renewables+ Long-Term Asset Fund (LTAF). This...
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