Engie acquires majority stake in KiWi Power, CEO Zingher stands down
Engie has acquired a majority stake in energy and flexibility aggregator KiWi Power in a deal which has seen chief executive Yoav Zingher leave the company.
Engie has acquired a majority stake in energy and flexibility aggregator KiWi Power in a deal which has seen chief executive Yoav Zingher leave the company.
Flexibility providers with units as small as 1MW will be able to access the Balancing Mechanism (BM) by April next year under proposals published by National Grid which will also allow aggregators to play in the market.
Kiwi Power has completed its latest behind-the-meter battery installation at a manufacturing site in Plymouth as the demand aggregator continues to target the commercial and industrial (C&I) sector with similar projects.
Highview Power and Viridor has taken the UK “a great step forward” after completing what is thought to be the world’s first grid-scale liquid air energy storage (LAES) plant at the Pilsworth landfill gas site in Bury, near Manchester.
Scottish Power has submitted a proposal to extend recently introduced battery de-rating factors in the Capacity Market to storage included in demand side response bids in what has been described as the latest attack on the battery market.
Kiwi Power has unveiled its largest behind the meter battery to date with the completion of the 4MW / 4.8MWh Tesla battery at Cenin Renewables in south Wales.