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One of Britain’s biggest battery companies has secured a loan to help increase the UK’s electric bus fleet by taking ownership of the batteries inside scores of UK buses. Zenobe  Energy  has secured a £20m loan from NatWest to finance enough batteries to power about 100 electric buses owned by private transport firms and councils around the UK. The energy storage experts will own the bus batteries and lease...
UK energy storage innovation firm Highview Power, has been awarded £10 million by the UK Department for Business, Energy & Industrial Strategy (BEIS) for a 50MW cryogenic energy storage facility, just outside of Manchester. The company has entered into a joint venture with Carlton Power, a UK independent power station developer, to build and operate the facility located in Carrington Village, which is expected to enter...
  A significant number of large energy storage projects are in the pipeline for the UK and the Republic of Ireland.   Over the last few years, the UK has experienced a considerable rise in new applications for battery storage driven by the rise in renewables and the DS3 scheme, introduced to enable the grid to integrate with non-synchronous energy production from renewables. As a result, battery storage in the UK has...