Some 1.9GW of grid-scale battery energy storage was deployed across Europe last year, of which nearly 85% was in UK, Ireland, Germany and France according to research firm and consultancy LCP Delta. The company said 170 grid battery storage projects came online last year totalling 1.9GW, a record-breaking year. It is forecasting 3.7GW to come […]
Dear All, Below we provide our quarterly update for Megawatt Mosaic (“MM”) up to 31st March 2023. Headlines Megawatt Mosaic has partnered with two leading developers to deploy 1.0 GWn (GigaWatt Nominal) of Battery Energy Storage System (BESS) by the end of 2023. We have increased the scale of the business: 777 MWn (6 projects) […]
The global energy storage capacity has been on the increase as a total of 16GW was added last year, equivalent to a 68% of year-on-year growth, according to BloombergNEF (BNEF). BNEF’s Energy Storage Market Outlook series unveiled that 2022 was the global energy storage’s record addition. However, the growth is expected to continue in the […]
UK energy company TagEnergy said it closed financing on its fourth battery storage facility, the 49.9MW/100MWh Roaring Hill development in Fife, Scotland. Construction will commence and the facility is expected to begin operating in Q1 2024. Energy company RES will be as asset manager, said TagEnergy. It acquired Roaring Hill from RES in September 2021. The facility […]
The link below takes you to all the energy nodes across europe along with grid lines: See All the Energy Nodes Across Europe Click in ” Legend ” at 9 O’clock and you can see the voltage of the lines and the mosaic of power generation plants in operation and planned. Click on the white […]
Two weeks ago it was announced that Origis Energy, one of America’s largest solar and energy storage developers, had contracted Mitsubishi Power Americas to provide three utility-scale battery energy storage systems (BESS) that would be co-located with three photovoltaic solar facilities in the Southeast United States. Why had Origis taken the step of acquiring the storage […]
Don’t invest unless you’re prepared to lose all the money you invest. This is a high risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more. WE’RE CROWDFUNDING! Dear All, Please find below a business development and funding update from Megawatt Mosaic. Business Development Currently we are […]
What is thought to be Europe’s biggest battery energy storage system has begun operating near Hull. The site, said to be able to store enough electricity to power 300,000 homes for two hours, went online at Pillswood, Cottingham, on Monday. Its launch was brought forward four months as the UK faces possible energy shortages this […]
Asset manager BlackRock has acquired US battery energy storage developer Jupiter Power from EnCap Investments. The largest asset management firm in the world, with around US$10 trillion under management, has agreed to buy Jupiter through its BlackRock Alternatives arm. The selling parties are EnCap’s EnCap Energy Transition Fund I (EETF I) and co-investors Yorktown Partners […]