Tag Archives: Renewable Energy

Invinity Secures UK’s Largest Vanadium Flow Battery Project

Invinity Energy Systems is set to make UK energy history with the development of its flagship LODES project, a 20.7 MWh vanadium flow battery (VFB) system in South East England. The project will be the largest vanadium battery system ever deployed by the company and one of the UK’s first commercial sites to pair long-duration storage directly with on-site solar generation.

This development arrives at a critical time for the UK’s energy transition. As intermittent renewables like wind and solar grow, the need for grid-scale battery energy storage systems (BESS) has surged. Historically dominated by lithium-ion technology, BESS projects have played a key role in short-term grid balancing. However, lithium-ion systems face challenges in providing multi-hour to multi-day storage, are prone to thermal runaway risks, and often suffer reduced lifespans under heavy cycling.

Vanadium flow batteries, like Invinity’s VS3 technology, offer a compelling alternative. These systems provide long-duration storage, have no risk of fire, lower degradation over time, and are better suited to daily heavy cycling without loss of capacity. Their ability to store and release energy over extended periods is seen as essential to reducing renewable curtailment and cutting fossil fuel backup requirements.

Supporting this shift, companies such as Largo Inc, a major global producer of vanadium, play a crucial role by supplying the essential raw materials needed for these advanced battery systems. The growing demand for vanadium highlights its importance in securing resilient, sustainable storage capacity for renewable energy projects across the UK and beyond.

The LODES project is backed by up to £10 million from the Department for Energy Security and Net Zero (DESNZ) under the Longer Duration Energy Storage (LDES) Demonstration programme. Once operational, the battery will provide crucial grid-balancing services, storing excess solar power during the day for dispatch during evening peaks. This could significantly reduce dependence on gas-fired power stations and lower electricity costs for consumers.

Notably, Invinity has opted to own and operate the asset directly, allowing it to optimise operations, showcase the system’s full capabilities, and serve as a vital reference site for future commercial flow battery deployments. Manufacturing is already underway at Invinity’s facility in Motherwell, Scotland, with the project scheduled for commissioning in 2026.

#RenewableEnergy #EnergyStorage #GridScaleStorage #VanadiumFlowBattery #LDES

More News

1

Apr 25

Invinity Secures UK’s Largest Vanadium Flow Battery Project

Invinity Energy Systems is set to make UK energy history with the development of its flagship LODES project, a 20.7…
Read More

18

Mar 25

BYD’s 5-Minute EV Charging Blows Tesla Out of The Water

Chinese electric vehicle (EV) manufacturer BYD has unveiled a ground-breaking charging system capable of delivering up to 1,000 kilowatts (kW)…
Read More

17

Mar 25

Foresight’s Bid at 29% Premium for Harmony Energy Income Trust

Foresight Group LLP has announced a possible cash offer to acquire Harmony Energy Income Trust PLC (HEIT), valuing the company…
Read More

15

Mar 25

Battery Storage Gains Ground in UK’s T-4 Capacity Market Auction

The latest T-4 Capacity Market Auction has awarded long-term contracts to a range of battery energy storage systems (BESS), reinforcing…
Read More

13

Mar 25

Heat Pump Installations Surge in the UK

The United Kingdom has witnessed a significant rise in the adoption of heat pumps, with installations reaching record levels in…
Read More
1 2 3 6

Foresight’s Bid at 29% Premium for Harmony Energy Income Trust

Foresight Group LLP has announced a possible cash offer to acquire Harmony Energy Income Trust PLC (HEIT), valuing the company at £190.8 million. If accepted, HEIT shareholders will receive 84.0 pence per share, representing a significant premium to HEIT’s recent trading prices. This offer marks a strategic move by Foresight, a prominent investment manager in energy transition and infrastructure, to further strengthen its position in the UK battery storage sector.

The bid represents a 29% premium over HEIT’s closing share price of 65.2 pence on 14 March 2025 and a 76% premium compared to its 47.8 pence closing price on 29 May 2024, just before HEIT initiated an asset sale process. While HEIT had already progressed in negotiations to sell its entire portfolio to another party, its board has now indicated that the Foresight offer could provide a superior outcome for shareholders.

Foresight, known for its extensive investments in renewable energy and storage, sees HEIT’s battery energy storage system (BESS) portfolio as a strong complement to its existing assets. The potential acquisition aligns with Foresight’s broader strategy of expanding its footprint in the energy storage market, which plays a crucial role in supporting renewable energy integration and grid stability in the UK.

The UK battery storage market is experiencing rapid growth, with key players such as Gresham House Energy Storage Fund (GRID), Harmony Energy Income Trust (HEIT), and Invinity Energy Systems (IES) driving investment in large-scale BESS projects. Companies like Fluence Energy and Siemens Energy are also advancing innovative storage solutions, which are essential for balancing the increasing share of renewable energy in the national grid. The demand for flexible energy storage is being fueled by ambitious government net-zero targets and increasing penetration of wind and solar power.

Grid-scale battery projects are becoming a cornerstone of the UK’s energy transition, enhancing stability and efficiency while reducing reliance on fossil fuels. Investment in this sector is expected to accelerate as grid flexibility and storage capacity become key priorities for policymakers and industry leaders. The HEIT takeover bid highlights the growing investor confidence in BESS and the sector’s long-term profitability.

The HEIT board is now in discussions with Foresight to finalise the terms of the offer. However, there is no certainty that a firm offer will be made. Foresight has secured an irrevocable undertaking from Harmony Energy Limited, which owns approximately 12.04% of HEIT’s shares, to support the offer if it proceeds.

With an offer period now officially commenced, HEIT shareholders will await further announcements as negotiations progress, while the wider battery storage sector continues to gain momentum in shaping the UK’s renewable energy future.

#BatteryStorage #RenewableEnergy #EnergyTransition #GridStability #SustainableInvesting

More News

1

Apr 25

Invinity Secures UK’s Largest Vanadium Flow Battery Project

Invinity Energy Systems is set to make UK energy history with the development of its flagship LODES project, a 20.7…
Read More

18

Mar 25

BYD’s 5-Minute EV Charging Blows Tesla Out of The Water

Chinese electric vehicle (EV) manufacturer BYD has unveiled a ground-breaking charging system capable of delivering up to 1,000 kilowatts (kW)…
Read More

17

Mar 25

Foresight’s Bid at 29% Premium for Harmony Energy Income Trust

Foresight Group LLP has announced a possible cash offer to acquire Harmony Energy Income Trust PLC (HEIT), valuing the company…
Read More

15

Mar 25

Battery Storage Gains Ground in UK’s T-4 Capacity Market Auction

The latest T-4 Capacity Market Auction has awarded long-term contracts to a range of battery energy storage systems (BESS), reinforcing…
Read More

13

Mar 25

Heat Pump Installations Surge in the UK

The United Kingdom has witnessed a significant rise in the adoption of heat pumps, with installations reaching record levels in…
Read More
1 2 3 6

Battery Storage Gains Ground in UK’s T-4 Capacity Market Auction

The latest T-4 Capacity Market Auction has awarded long-term contracts to a range of battery energy storage systems (BESS), reinforcing the critical role of storage in supporting the UK’s electricity grid. Over 1.8 GW of de-rated BESS capacity secured agreements, nearly doubling last year’s allocation of approximately 1 GW. This growth reflects the increasing importance of energy storage in balancing renewable generation and maintaining supply security.

Among the projects awarded contracts, major developments include Fidra Energy’s 1.4 GW Thorpe Marsh and 500 MW West Burton C, alongside several other grid-scale battery storage initiatives. Additionally, longer-duration storage is gaining traction, with 404 MW of 4-hour, 189 MW of 5-hour, 31 MW of 6-hour, and nearly 240 MW of 8-hour projects securing contracts. This shift highlights the need for more sustained energy storage solutions to support grid reliability.

The Capacity Market provides financial incentives for energy projects that contribute to grid stability. This year’s auction, clearing at £60/kW/year, marks a slight decrease from last year’s £65/kW/year but demonstrates continued investment in energy storage as part of the UK’s transition to low-carbon electricity generation. Meanwhile, gas-fired generation saw a marginal decline, with 27.3 GW awarded compared to 28.7 GW in the previous auction, further indicating the shift towards renewable and storage technologies.

Battery storage sites, including those within sustainable energy parks, will play a key role in securing future energy supply. The final confirmation of the auction results is expected from the Secretary of State for Energy Security and Net Zero by 24th March.

#BatteryStorage #EnergyTransition #GridStability #RenewableEnergy #SustainableFuture

More News

1

Apr 25

Invinity Secures UK’s Largest Vanadium Flow Battery Project

Invinity Energy Systems is set to make UK energy history with the development of its flagship LODES project, a 20.7…
Read More

18

Mar 25

BYD’s 5-Minute EV Charging Blows Tesla Out of The Water

Chinese electric vehicle (EV) manufacturer BYD has unveiled a ground-breaking charging system capable of delivering up to 1,000 kilowatts (kW)…
Read More

17

Mar 25

Foresight’s Bid at 29% Premium for Harmony Energy Income Trust

Foresight Group LLP has announced a possible cash offer to acquire Harmony Energy Income Trust PLC (HEIT), valuing the company…
Read More

15

Mar 25

Battery Storage Gains Ground in UK’s T-4 Capacity Market Auction

The latest T-4 Capacity Market Auction has awarded long-term contracts to a range of battery energy storage systems (BESS), reinforcing…
Read More

13

Mar 25

Heat Pump Installations Surge in the UK

The United Kingdom has witnessed a significant rise in the adoption of heat pumps, with installations reaching record levels in…
Read More
1 2 3 6

UK’s Long Duration Electricity Storage (LDES) Cap & Floor Scheme to Launch

The UK’s energy sector is poised for a significant transformation with the upcoming launch of the Long Duration Electricity Storage (LDES) Cap & Floor scheme. Jointly announced by Ofgem and the Department for Energy Security and Net Zero (DESNZ), this initiative aims to bolster the integration of renewable energy sources by supporting large-scale energy storage projects.

Key Features of the Scheme

  • Minimum Storage Duration: Projects must provide a minimum of eight hours of continuous rated power, an increase from the previously proposed six-hour threshold.
  • Project Capacity Requirements: Stream 1 targets well-established technologies with a minimum capacity of 100 MW, while Stream 2 caters to emerging technologies with a minimum capacity of 50 MW.
  • Revenue Assurance: The cap and floor mechanism ensures that projects receive a minimum revenue (floor) while capping maximum earnings, providing financial stability over a 20-25 year period.

Implications for Energy Storage Companies

The scheme is expected to have a profound impact on various stakeholders within the energy storage sector:

  • Invinity Energy Systems: The company’s vanadium flow batteries align with the scheme’s objectives, offering scalable solutions for long-duration energy storage.
  • ITM Power PLC: Specializing in green hydrogen production, ITM Power could see indirect benefits from increased grid stability and renewable energy storage solutions.
  • Gresham House Energy Storage Fund PLC: Focused on grid-scale battery storage, Gresham House is poised to expand its portfolio under the LDES scheme, supporting renewable energy integration.
  • SSE’s Coire Glas Project: The £1.5 billion pumped storage hydro project at Loch Lochy stands to benefit from the scheme, potentially doubling the UK’s storage capacity to 30 GWh.
  • Harmony Energy Income Trust PLC: As a specialist in large-scale battery storage projects, Harmony Energy is well-positioned to participate in the scheme, leveraging its expertise to enhance grid stability.

Environmental and Economic Benefits

By facilitating the deployment of long-duration storage solutions, the LDES Cap & Floor scheme aims to:

  • Enhance Grid Stability: Balancing supply and demand, particularly with the increasing integration of intermittent renewable energy sources.
  • Reduce Consumer Costs: Minimizing the need for expensive grid upgrades and reliance on fossil fuel-based peaking plants.
  • Promote Sustainability: Supporting the UK’s commitment to achieving net-zero emissions by 2050 through the adoption of clean energy technologies.

The scheme’s application window is set to open in April 2025, marking a pivotal moment in the UK’s transition towards a more resilient and sustainable energy system.

#EnergyStorage #LDES #RenewableEnergy #GridStability #NetZero

More News

1

Apr 25

Invinity Secures UK’s Largest Vanadium Flow Battery Project

Invinity Energy Systems is set to make UK energy history with the development of its flagship LODES project, a 20.7…
Read More

18

Mar 25

BYD’s 5-Minute EV Charging Blows Tesla Out of The Water

Chinese electric vehicle (EV) manufacturer BYD has unveiled a ground-breaking charging system capable of delivering up to 1,000 kilowatts (kW)…
Read More

17

Mar 25

Foresight’s Bid at 29% Premium for Harmony Energy Income Trust

Foresight Group LLP has announced a possible cash offer to acquire Harmony Energy Income Trust PLC (HEIT), valuing the company…
Read More

15

Mar 25

Battery Storage Gains Ground in UK’s T-4 Capacity Market Auction

The latest T-4 Capacity Market Auction has awarded long-term contracts to a range of battery energy storage systems (BESS), reinforcing…
Read More

13

Mar 25

Heat Pump Installations Surge in the UK

The United Kingdom has witnessed a significant rise in the adoption of heat pumps, with installations reaching record levels in…
Read More
1 2 3 6

Tesla Faces Boycott as Backlash Grows

Tesla is facing a wave of consumer backlash as CEO Elon Musk’s political controversies fuel a boycott movement. Once the dominant force in EVs, Tesla is now struggling with slumping sales, protests, and increasing competition. But the impact extends beyond cars—Tesla’s energy business, including solar and battery storage, is also feeling the heat.

Sales Slide in Key Markets

Tesla’s sales are dropping in key regions. In Europe, Tesla registrations plunged 45% in January 2025 despite overall EV sales surging 37%. Sharp declines were recorded in France (-63%), Germany (-60%), and the UK (-12%), with rival brands like China’s SAIC gaining ground. In the U.S., Tesla’s market share shrank from 59% to 45%, marking its first-ever annual drop in deliveries.

Musk’s Political Controversies Fuel Boycotts

Musk’s vocal support for Donald Trump’s re-election and far-right European parties has alienated many Tesla buyers, traditionally drawn to the brand for its progressive, green credentials. His involvement in Trump’s administration and controversial social media activity have further politicized Tesla’s image. Branding experts warn that Musk’s polarizing influence is “pushing many buyers to look elsewhere.”

Protests and Growing #BoycottTesla Movement

Tesla is facing street protests, with showroom demonstrations erupting across the U.S.. Activists blocked dealership entrances in cities like New York and Los Angeles, condemning Musk’s politics. In Europe and Malaysia, Tesla facilities have faced vandalism and consumer boycotts.

Impact on Tesla’s Energy Business

Beyond EVs, Tesla’s solar and battery storage division is also under pressure. Tesla’s solar installations dropped nearly 60% in 2023, and Musk’s political stance has caused some environmentally conscious consumers to rethink their choices. Tesla Energy’s struggles contrast with rising demand for solar and battery solutions from companies like Fluence Energy and Invinity Energy Systems.

Competitors Seize the Moment

Rivals are capitalizing on Tesla’s turmoil. BYD, Volkswagen, and Ford are gaining traction in EV sales, while renewable energy players benefit from Tesla’s declining solar and battery market share. As Musk dismisses the backlash, Tesla faces mounting pressure to repair its brand while fending off fierce competition.

Other News

1

Apr 25

Invinity Secures UK’s Largest Vanadium Flow Battery Project

Invinity Energy Systems is set to make UK energy history with the development of its flagship LODES project, a 20.7…
Read More

18

Mar 25

BYD’s 5-Minute EV Charging Blows Tesla Out of The Water

Chinese electric vehicle (EV) manufacturer BYD has unveiled a ground-breaking charging system capable of delivering up to 1,000 kilowatts (kW)…
Read More

17

Mar 25

Foresight’s Bid at 29% Premium for Harmony Energy Income Trust

Foresight Group LLP has announced a possible cash offer to acquire Harmony Energy Income Trust PLC (HEIT), valuing the company…
Read More

15

Mar 25

Battery Storage Gains Ground in UK’s T-4 Capacity Market Auction

The latest T-4 Capacity Market Auction has awarded long-term contracts to a range of battery energy storage systems (BESS), reinforcing…
Read More

13

Mar 25

Heat Pump Installations Surge in the UK

The United Kingdom has witnessed a significant rise in the adoption of heat pumps, with installations reaching record levels in…
Read More

12

Mar 25

UK’s Long Duration Electricity Storage (LDES) Cap & Floor Scheme to Launch

The UK’s energy sector is poised for a significant transformation with the upcoming launch of the Long Duration Electricity Storage…
Read More

4

Mar 25

Tesla Faces Boycott as Backlash Grows

Tesla is facing a wave of consumer backlash as CEO Elon Musk’s political controversies fuel a boycott movement. Once the…
Read More

27

Feb 25

10% of UK Renewable Energy Wasted Due to Grid Constraints

A growing share of the UK’s wind and solar energy is being wasted due to grid limitations, underscoring the need…
Read More

27

Feb 25

Harmony Energy Income Trust Reports 57% Revenue Growth

As major energy corporations scale back renewable investments, Harmony Energy Income Trust plc (HEIT) continues to expand its battery storage…
Read More

26

Feb 25

Volklec Plans £1bn UK Gigafactory with Chinese Support

Volklec, a Coventry-based battery start-up, aims to build a £1bn gigafactory with backing from former Britishvolt investors and a partnership…
Read More
1 2 3

#SustainableEnergy #RenewableEnergy #EVRevolution #EnergyStorage #BoycottTesla

10% of UK Renewable Energy Wasted Due to Grid Constraints

A growing share of the UK’s wind and solar energy is being wasted due to grid limitations, underscoring the need for better energy storage and transmission. Aurora Energy Research estimates nearly 10% of Britain’s planned wind power output was curtailed in 2023, with Northern Ireland seeing even higher rates at 30%.

The issue arises from a mismatch between the rapid expansion of renewables and slower grid infrastructure upgrades. Surplus energy is often wasted due to insufficient storage capacity or transmission bottlenecks, contributing to volatile electricity prices. In 2024, Europe saw a record 4,838 hours of negative electricity prices, while Great Britain recorded 176 hours.

Scotland, home to most of Britain’s onshore wind farms, is particularly affected, as limited transmission capacity prevents efficient energy distribution. Grid operators frequently pay generators to shut down while increasing output from gas-fired plants elsewhere to balance the system.

Battery Energy Storage Systems (BESS) provide a key solution, storing excess electricity and releasing it when needed. Companies such as Fluence Energy Inc (FLNC:NSQ), Gresham House Energy Storage Fund PLC, and Harmony Energy Income Trust PLC are investing in large-scale battery projects to improve grid stability and reduce curtailment.

Harmony Energy Income Trust PLC recently reported a 57% revenue growth, reflecting the growing role of battery storage in balancing supply and demand. Its portfolio, including the Pillswood and Bumpers facilities, now totals 790.8 MWh/395.4 MW. Long-duration BESS assets like these are essential for ensuring grid reliability and minimising renewable energy waste.

Vanadium Flow Batteries (VFBs), championed by Invinity Energy Systems PLC, offer a high-capacity, long-life alternative to lithium-ion storage. Siemens Energy AG is advancing energy storage technology, while ITM Power PLC is pioneering green hydrogen electrolysis as another solution for storing excess renewable electricity.

The UK’s National Energy System Operator (NESO) plays a vital role in managing grid stability. Recent updates to the Open Balancing Platform allow more flexibility for energy providers to bid into the balancing market, improving real-time energy management and reducing waste. These measures, alongside expanded storage capacity, will help mitigate curtailment and enhance renewable energy utilisation.

NESO estimates curtailment and balancing actions added around £4 per month to consumer electricity bills in 2023-24, with costs expected to rise. Globally, curtailment is an increasing issue, with China losing 58.7TWh of wind and solar energy in 2024—enough to power 24 million households.

To address these challenges, the UK must prioritise grid expansion, accelerate BESS deployment, and implement smarter energy management systems to maximise renewable energy efficiency.

#RenewableEnergy #GridCapacity #BESS #VanadiumFlowBatteries #EnergyStorage #NetZero #GridStability

More News

1

Apr 25

Invinity Secures UK’s Largest Vanadium Flow Battery Project

Invinity Energy Systems is set to make UK energy history with the development of its flagship LODES project, a 20.7…
Read More

18

Mar 25

BYD’s 5-Minute EV Charging Blows Tesla Out of The Water

Chinese electric vehicle (EV) manufacturer BYD has unveiled a ground-breaking charging system capable of delivering up to 1,000 kilowatts (kW)…
Read More

17

Mar 25

Foresight’s Bid at 29% Premium for Harmony Energy Income Trust

Foresight Group LLP has announced a possible cash offer to acquire Harmony Energy Income Trust PLC (HEIT), valuing the company…
Read More

15

Mar 25

Battery Storage Gains Ground in UK’s T-4 Capacity Market Auction

The latest T-4 Capacity Market Auction has awarded long-term contracts to a range of battery energy storage systems (BESS), reinforcing…
Read More

13

Mar 25

Heat Pump Installations Surge in the UK

The United Kingdom has witnessed a significant rise in the adoption of heat pumps, with installations reaching record levels in…
Read More
1 2 3 6

Harmony Energy Income Trust Reports 57% Revenue Growth

As major energy corporations scale back renewable investments, Harmony Energy Income Trust plc (HEIT) continues to expand its battery storage portfolio. While some global energy giants reconsider green strategies, HEIT has reported a 4.36% increase in its unaudited Net Asset Value (NAV) for the quarter ending 31 January 2025. The NAV now stands at £209.83 million, or 92.38 pence per Ordinary Share, up from 88.52 pence per share on 31 October 2024.

HEIT’s portfolio generated £9.7 million in revenue, equating to £97.8k per MW annually—a 57% increase from the previous quarter. The surge is driven by high wholesale market prices and increased activity in the balancing mechanism, underscoring BESS’s role in grid stability.

HEIT’s fully operational portfolio comprises eight 2-hour duration BESS projects, totaling 790.8 MWh/395.4 MW, including the Pillswood facility in Yorkshire and the Bumpers installation in Buckinghamshire.

In contrast, BP has announced a £5 billion annual reduction in renewable energy investments while increasing oil and gas spending. Other firms, such as Engie, have expressed hesitation due to policy uncertainties.

HEIT’s success highlights the growing importance of battery storage in the UK’s renewable energy transition. With increasing price volatility, long-duration BESS assets will play an even greater role in balancing supply and demand.

#EnergyStorage #RenewableEnergy #BatteryStorage #GridStability #CleanEnergy

More News

1

Apr 25

Invinity Secures UK’s Largest Vanadium Flow Battery Project

Invinity Energy Systems is set to make UK energy history with the development of its flagship LODES project, a 20.7…
Read More

18

Mar 25

BYD’s 5-Minute EV Charging Blows Tesla Out of The Water

Chinese electric vehicle (EV) manufacturer BYD has unveiled a ground-breaking charging system capable of delivering up to 1,000 kilowatts (kW)…
Read More

17

Mar 25

Foresight’s Bid at 29% Premium for Harmony Energy Income Trust

Foresight Group LLP has announced a possible cash offer to acquire Harmony Energy Income Trust PLC (HEIT), valuing the company…
Read More

15

Mar 25

Battery Storage Gains Ground in UK’s T-4 Capacity Market Auction

The latest T-4 Capacity Market Auction has awarded long-term contracts to a range of battery energy storage systems (BESS), reinforcing…
Read More

13

Mar 25

Heat Pump Installations Surge in the UK

The United Kingdom has witnessed a significant rise in the adoption of heat pumps, with installations reaching record levels in…
Read More
1 2 3 6

Volklec Plans £1bn UK Gigafactory with Chinese Support

Volklec, a Coventry-based battery start-up, aims to build a £1bn gigafactory with backing from former Britishvolt investors and a partnership with Chinese battery supplier Far East Battery. Supported by investment firm Frontive Group, Volklec is learning from Britishvolt’s missteps by securing customers and in-house expertise before committing to large-scale manufacturing.

The company will initially produce cylindrical nickel-rich battery cells for e-bikes and energy storage at the UK Battery Industrialisation Centre, a government-funded pilot facility. By 2025, it plans to expand into automotive, aerospace, and marine power cells, targeting smaller manufacturers that lack the resources for their own battery production.

Focus on Grid-Scale Storage

Volklec aims to enhance the UK’s energy security by producing lithium-ion 21700 battery cells for grid-scale storage. These batteries will help stabilize the National Grid by balancing supply and demand fluctuations, reducing reliance on gas-powered plants, and enabling greater use of renewable energy.

Rapid Deployment Through Established Technology

With a long-term agreement in place, Far East Battery provides Volklec with technical expertise and supply chain support. Production will begin at UKBIC, starting with a 100MWh line, scaling to 1GWh by 2026, and culminating in a 10GWh gigafactory by the decade’s end.

Supporting the UK’s Energy Transition

Volklec’s efforts align with the UK’s push for sustainable power solutions and net-zero emissions. By offering locally produced batteries, the company seeks to fill supply chain gaps and bolster the country’s battery industry, which has been dominated by foreign entities. If successful, Volklec could play a pivotal role in the UK’s shift to renewable energy storage.

#BatteryStorage #GridScaleStorage #SustainableEnergy #EnergyTransition #GreenTech

More News

1

Apr 25

Invinity Secures UK’s Largest Vanadium Flow Battery Project

Invinity Energy Systems is set to make UK energy history with the development of its flagship LODES project, a 20.7…
Read More

18

Mar 25

BYD’s 5-Minute EV Charging Blows Tesla Out of The Water

Chinese electric vehicle (EV) manufacturer BYD has unveiled a ground-breaking charging system capable of delivering up to 1,000 kilowatts (kW)…
Read More

17

Mar 25

Foresight’s Bid at 29% Premium for Harmony Energy Income Trust

Foresight Group LLP has announced a possible cash offer to acquire Harmony Energy Income Trust PLC (HEIT), valuing the company…
Read More

15

Mar 25

Battery Storage Gains Ground in UK’s T-4 Capacity Market Auction

The latest T-4 Capacity Market Auction has awarded long-term contracts to a range of battery energy storage systems (BESS), reinforcing…
Read More

13

Mar 25

Heat Pump Installations Surge in the UK

The United Kingdom has witnessed a significant rise in the adoption of heat pumps, with installations reaching record levels in…
Read More
1 2 3 6

SIMEC Atlantis: Powering Net Zero & AI at Uskmouth

SIMEC Atlantis Energy Ltd (SAE) is leading a transformative project at the historic Uskmouth Power Station in Newport, South Wales. This initiative aims to repurpose the decommissioned coal-fired power plant into the Uskmouth Sustainable Energy Park (USEP), focusing on renewable energy and technological innovation, in line with the UK’s Net Zero commitments.

Transition to Sustainable Energy and Net Zero Goals

As part of the UK’s drive towards Net Zero emissions by 2050, grid-scale battery storage is a crucial component in ensuring a stable and resilient energy supply. Renewable energy sources like wind and solar power are inherently variable, requiring large-scale energy storage solutions to balance fluctuations and provide reliable electricity. SAE’s development of one of the UK’s largest Battery Energy Storage Systems (BESS) at the USEP, with a projected capacity of approximately 3.5 GWh, directly supports this need. The site’s existing infrastructure, including a National Grid substation and railway access, makes it an ideal location to strengthen the country’s renewable energy infrastructure.

Government Policy and the Role of Grid-Scale Storage

The UK government has increasingly focused on policies that encourage large-scale energy storage to complement the shift away from fossil fuels. The British Energy Security Strategy and subsequent policy updates emphasize the need for battery storage to manage the grid’s stability and enhance energy security. USEP’s battery projects align with these national priorities, ensuring that renewable power can be stored and dispatched as needed, reducing reliance on gas-fired generation during peak demand periods.

Integration with Technological Advancements

Beyond energy storage, SAE envisions the USEP as a hub for technological advancement, particularly in supporting data centers essential for artificial intelligence (AI) operations. The burgeoning AI sector demands substantial and reliable power supplies, and the integration of significant battery storage at USEP ensures a continuous energy flow, making it an attractive site for data center development. This strategy not only addresses the energy-intensive needs of AI but also promotes economic growth in Newport, potentially creating numerous jobs in construction and technology sectors.

Local Support and Economic Impact

Local leaders have expressed strong support for the project. Jessica Morden, MP for Newport East, highlighted the critical role of USEP in powering data centers and the city’s semiconductor cluster, positioning Newport as a leader in sustainable energy solutions. Councillor Dimitri Batrouni, Leader of Newport City Council, emphasized that the redevelopment of Uskmouth is vital for the city’s economic future, especially in the AI and semiconductor industries.

SIMEC Atlantis Energy’s comprehensive approach at Uskmouth exemplifies a forward-thinking model where sustainable energy infrastructure meets the escalating demands of modern technology, fostering both environmental sustainability and economic prosperity.

#SustainableEnergy #RenewableEnergy #EnergyStorage #NetZero #GridScaleStorage

More News

1

Apr 25

Invinity Secures UK’s Largest Vanadium Flow Battery Project

Invinity Energy Systems is set to make UK energy history with the development of its flagship LODES project, a 20.7…
Read More

18

Mar 25

BYD’s 5-Minute EV Charging Blows Tesla Out of The Water

Chinese electric vehicle (EV) manufacturer BYD has unveiled a ground-breaking charging system capable of delivering up to 1,000 kilowatts (kW)…
Read More

17

Mar 25

Foresight’s Bid at 29% Premium for Harmony Energy Income Trust

Foresight Group LLP has announced a possible cash offer to acquire Harmony Energy Income Trust PLC (HEIT), valuing the company…
Read More

15

Mar 25

Battery Storage Gains Ground in UK’s T-4 Capacity Market Auction

The latest T-4 Capacity Market Auction has awarded long-term contracts to a range of battery energy storage systems (BESS), reinforcing…
Read More

13

Mar 25

Heat Pump Installations Surge in the UK

The United Kingdom has witnessed a significant rise in the adoption of heat pumps, with installations reaching record levels in…
Read More
1 2 3 6

Japan and UK Drive Perovskite Solar Expansion

The UK is playing a key role in the development of perovskite solar technology, with Oxford PV leading global advancements in high-efficiency tandem perovskite-silicon solar cells. This UK-based company is at the forefront of commercializing the technology, and its breakthroughs could complement Japan’s ambitious solar energy goals. Additionally, UK universities, including Oxford and Cambridge, are collaborating with international partners to enhance perovskite cell stability and efficiency. This growing synergy between Japan and the UK may accelerate the global adoption of perovskite-based solar energy and strengthen energy security for both nations.

Japan is making a bold $1.5bn investment in ultra-thin, flexible perovskite solar cells, aiming to challenge China’s dominance in the renewable energy sector while reducing its dependence on fossil fuels. The initiative, backed by significant government subsidies, seeks to revolutionize solar power by enabling the widespread installation of lightweight solar panels across urban infrastructure.

Unlike traditional silicon-based solar panels, perovskite cells are 20 times thinner, allowing them to be seamlessly integrated onto stadiums, airports, and office buildings. This innovation is particularly critical for Japan, a country with limited open land for large-scale solar farms. Officials have set an ambitious goal to generate the equivalent energy output of 20 nuclear reactors by 2040, aligning with Japan’s broader renewable energy targets.

The government is backing Sekisui Chemical with a ¥157bn ($1bn) subsidy to commercialize the technology, following ¥60bn in earlier support. Sekisui Chemical has already begun deploying these cells in key locations such as Osaka Station and Tokyo’s cruise terminal. The company has tackled one of the major technical challenges—moisture infiltration—by developing a specialized sealing resin, paving the way for large-scale production.

Additionally, Japanese firms Toshiba and Panasonic have also joined the push to commercialize perovskite solar technology, focusing on improving efficiency and durability. Toshiba is developing a hybrid perovskite-silicon cell that could enhance energy output, while Panasonic is working on increasing the stability of perovskite films to extend their lifespan.

Despite being more expensive initially, perovskite cells’ reliance on iodine, a resource abundant in Japan and Chile, presents a strategic advantage over silicon, which is predominantly controlled by China. Japan’s investment could therefore strengthen energy security while fostering a homegrown green technology sector.

With plans to ramp up production to 1GW by 2030, Sekisui aims to achieve cost parity with traditional solar panels, making Japan a serious contender in the evolving solar energy landscape.

#RenewableEnergy #SolarEnergy #EnergyInnovation #PerovskiteCells #GreenTech

More News

1

Apr 25

Invinity Secures UK’s Largest Vanadium Flow Battery Project

Invinity Energy Systems is set to make UK energy history with the development of its flagship LODES project, a 20.7…
Read More

18

Mar 25

BYD’s 5-Minute EV Charging Blows Tesla Out of The Water

Chinese electric vehicle (EV) manufacturer BYD has unveiled a ground-breaking charging system capable of delivering up to 1,000 kilowatts (kW)…
Read More

17

Mar 25

Foresight’s Bid at 29% Premium for Harmony Energy Income Trust

Foresight Group LLP has announced a possible cash offer to acquire Harmony Energy Income Trust PLC (HEIT), valuing the company…
Read More

15

Mar 25

Battery Storage Gains Ground in UK’s T-4 Capacity Market Auction

The latest T-4 Capacity Market Auction has awarded long-term contracts to a range of battery energy storage systems (BESS), reinforcing…
Read More

13

Mar 25

Heat Pump Installations Surge in the UK

The United Kingdom has witnessed a significant rise in the adoption of heat pumps, with installations reaching record levels in…
Read More
1 2 3 6