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Archive for May 23rd, 2023

We create and operate valuable solar and storage projects that benefit communities for decades.
May 23, 2023

Megawatt Mosaic has analysed 744 Italian substations

MM will move into profitability this year in its first year of trading. Along with our partners, Megawatt Mosaic has analysed 744 Italian substations. As of 1 April 2023, we have 1.37GWn in grid capacity request, of which 882MWn is grid authorised. MM is now diversifying into other markets, to bring BESS (Battery Energy Storage […]

May 21, 2023

Octopus and Masdar agreement to support £1bn investment in UK battery storage

Octopus Energy has signed a framework agreement with Masdar to use Octopus’ technology platform Kraken to flexibly manage the clean energy developer’s UK battery storage portfolio. The agreement – signed by Mohamed Jameel Al Ramahi, CEO of Masdar and Greg Jackson, Founder and CEO of Octopus at the UAE Climate Tech Forum – follows Masdar’s […]

May 14, 2023

Largest UK battery energy storage facility comes online

The $15.7m facility will use Tesla lithium-ion batteries and double TagEnergy’s storage capacity. TagEnergy and Harmony Energy have completed construction on the UK’s largest battery storage facility with a capacity of 99MWh. The $38m (£30m) development has a throughput of 49.5MW and lies near Luton, in the southeast of the UK. International bank Santander UK […]

May 7, 2023

UK battery energy storage market to grow to 24GW by 2030, says Rystad Energy

The UK’s battery energy storage market will grow to 24GW by the end of the decade and account for almost 9% of all global capacity installations, energy research firm Rystad Energy said. Utility-scale battery systems could also present an opportunity investment in the battery storage space with Rystad having said it could “attract investment of […]

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