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EDF Renewables receives planning consent for first large-scale UK solar development

EDF Renewables has received planning consent for its 49.9MW Sutton Bridge solar farm, the company’s first large-scale solar development in the UK.

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Gresham House records boost in profits despite 'one of the most challenging years'

Image: Gresham House Energy Storage Fund
Gresham House – which manages funds including Gresham House Energy Storage Fund – has recorded a net core income of £40.8 million and an adjusted operating profit of £12.1 million.
These were up 29% and 17% from 2019 respectively despite chairman Anthony Townsend describing 2020 in the company’s full year results as being “one of the most challenging years we have seen” due to the COVID-19 pandemic affecting global populations and economies “on an unprecedented scale”.
Even with the backdrop of the pandemic, Gresham House saw a “busy and productive year”, with its assets under management increasing by 42% to £4.0 billion.
When it comes to Gresham House Energy Storage Fund specifically, the fund was praised for the £150 million it raised in the year. It was able to supply 100MW of utility scale battery storage projects from its pipeline, with the proceeds of the fundraising to be used to finance a ....

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FRV and Harmony begin construction of second battery storage project

FRV and Harmony s first storage development, Holes Bay. Image: Harmony Energy.
Construction has got underway for Renewables developer Fotowatio Renewable Ventures’s (FRV) second battery storage project in the UK, together with partner Harmony Energy.
FRV, owned by Saudi Arabian industry group Abdul Latif Jameel, has deployed hundreds of megawatts of wind and solar projects around the world since 2006, when it built what was then the world’s largest solar plant, a 23MWdc project in Spain. However, the company only began its involvement in battery storage in 2019 with the announcement of its first grid-scale battery project, the 7.5MW / 15MWh Holes Bay project in England. ....

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The leading renewable energy resource for all UK solar power and feed-in tariff information. ....

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Thrive Renewables continues to expand portfolio with 20MW battery asset acquisition

Published: 12 Mar 2021, 10:55
By:
The battery will be built on Feeder Road in Bristol. Image: Thrive Renewables.
Thrive Renewables has acquired its second battery storage asset, with this being a 20MW battery project in Bristol.
It has the capacity to deliver between one and two hours of electricity for flexibility services such as frequency response and balancing services to the national and local grid. The Feeder Road site will participate in both wholesale market trading and future Capacity Market auctions, the company said.
The company’s portfolio of projects reflects how the energy system is changing, said Monika Paplaczyk, investment director at Thrive Renewables. ....

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