News

Finance agreed for 612MW battery fleet

NORD/LB bank has announced a landmark £180 million financing package for a portfolio of nine batteries totalling 612MW/1,652MWh, to be built across England and Wales. The portfolio belongs to Constantine Energy Storage, a partnership of the Alberta Investment Management Corporation…

Two battery approvals total 150MW for Downing

Downing Renewable Developments (DRD) has secured two planning consents for new batteries. The company celebrated receiving both in a week, and said both were approved without any objections from members of the public. It was granted approval for a 40MW…

NextPower UK raises £773M to install new UK solar

NextPower UK ESG, a private fund focused specifically on new-build UK solar, has raised £733 million, nearly 50% higher than its target of £500 million, to invest in new projects. The National Wealth Fund was the cornerstone investor, with £250…