Both parties aim to continue to prioritize collocated renewable projects, where the solar PV and battery energy storage plants are built together and share the same grid connection infrastructure. These projects provide both economic advantages, particularly in the form of shared capital and operating costs, as well as significant benefits to the UK grid by improving system reliability, enabling greater integration of renewables and thereby helping the UK economy meet its net-zero carbon targets. The project in Durham is Canadian Solar’s first collocated solar PV and battery energy storage project in the UK and it represents the second collocated solar and battery energy storage project acquired by Gresham House. The projects are entirely subsidy-free, consistent with Canadian Solar’s long pipeline of UK opportunities under development. Both projects are fully permitted and…
PV – Companies Announce Deal For Renewables and Battery Energy Storage Portfolio in UK
