Our Energy Storage Assets

Why Energy Storage?

Energy Storage Assets have a pivotal role to play in the penetration of renewables globally.  They are a highly complementary technology to Solar Photovoltaics and are uncorrelated, providing further diversification to the portfolio from a technology, revenue and geographic perspective.

NextEnergy Solar Fund has partnered with Eelpower, a specialist in the battery sector, to create a joint venture partnership targeting £300m worth of battery investments.   The fund has also created a retro fit, co-location battery program, to identify potential battery sites on the fund existing operating solar assets.

 

Energy Storage Joint Venture Programme: In-Construction & Development

As at 31 December 2022:

  • A 50MW standalone battery storage project in Fife, Scotland, currently under construction (part of a £300m joint venture with Eelpower)
  • A portfolio of 250MW pre-construction standalone battery storage projects in the East of England

 

Co-located Battery Storage Program: In-Construction and Development

As at 31 December 2022:

  • First site identified for a 6MW co-located battery storage project at North Norfolk Solar Farm