Modo Energy secures £3.2m to expand Asset Success Platform
Modo Energy has secured £3.2 million in its pre-Series A funding round as it looks to expand its Asset Success Platform across Europe and broaden its British offering.
Articles tagged with: battery energy storage
One hour batteries result in ‘substantial cost efficiencies’, states Gore Street
The optimal revenue mix for battery energy storage is made up predominantly of grid balancing services, Gore Street Energy Storage Fund has said as it reiterates its commitment to one hour systems.
Arenko begins optimisation of Vattenfall’s co-located 22MW battery storage asset
Software provider Arenko is now optimising Vattenfall’s 22MW/16MWh battery, co-located at the 228MW Pen y Cymoedd Wind Farm in South Wales.
Field continues recruitment drive with appointment of ex-Royal Mail CTO
Battery energy storage company Field has hired the former CTO of Royal Mail to optimise the deployment of its growing energy storage portfolio.
Statkraft passes 1.2GW flex portfolio milestone
Statkraft has announced a new milestone, as its third-party distributed flexible generation and storage portfolio exceeds 1.2GW of installed capacity.
Gresham House secures over £108m in Capacity Market auctions
Gresham House Energy Storage Fund (GRID) has secured over £108 million in revenues through the T-1 and T-4 Capacity Market auctions.
T-4 Capacity Market clears at record high of £30.59/kW/year marking ‘watershed moment’
The T-4 Capacity Market auction has cleared at a record high of £30.59/kW/year, due largely to the decommissioning of old assets and higher capacity needs.
Eelpower and Habitat Energy sign battery optimisation agreement
Eelpower and Habitat Energy have signed a three-year battery optimisation agreement for two battery storage assets.
Aceleron secures over £927k in government funding for circular battery storage project
Lithium-ion battery developer Aceleron has been granted £927,426 in government funding to help develop its Project BATLAB.