The search is on for a fund manager to manage the UK’s £400 million electric vehicle (EV) charging infrastructure investment fund (CIIF) after the Treasury launched a request for proposals via the Infrastructure and Projects Authority (IPA).
Pivot Power has had the first of its 2GW network of battery storage projects approved by Test Valley Borough Council, paving the way for the company’s first electric vehicle (EV) charging hub powered by energy storage to be just outside Southampton.
Pivot Power’s maiden 50MW battery and electric vehicle charging hub could be set for Southampton after the first planning documents appeared for the company’s proposed 2GW nationwide network.
Pivot Power grabbed headlines last week after revealing it was to deploy 45 large scale batteries on the transmission system alongside rapid electric vehicle chargers. Directors Matt Allen and Michael Clark explain how their model offers something new to UK energy infrastructure.
A national network of high speed electric vehicle chargers and large-scale batteries connected directly to the transmission network has been unveiled to offer a new business model to the country’s energy storage market.
