About 550 MW of battery energy storage systems (BESS) deals have been signed in the United Kingdom over the past few days. Most recently, Masdar acquired London-based storage developer Arlington Energy. November 2, 2022 Marija MaischAs an island with weaker interconnections than much of continental Europe, the United Kingdom needs the grid stabilization services offered by BESS. Utility-scale projects have proliferated in recent years and the services that big batteries can provide in this deregulated market are also expanding.In another busy week for the UK battery energy storage sector, NextEnergy Solar Fund (NESF) said it has acquired a “strategic portfolio” of battery storage projects located in eastern England. The solar PV and fund said that it has acquired the 250 MW/500 MWh portfolio from an undisclosed developer for about GBP 32.5 million ($37.4 million).According to…
UK battery energy storage acquisitions heating up – pv magazine International
