NESF has made a leap forward in investment in standalone battery storage to complement its existing solar portfolio, taking its JV battery capacity with Eelpower to 300MW in a new deal. With growing renewable energy penetration, the GB power market is becoming more volatile, growing opportunities to take advantage of arbitrage opportunities. The acquired portfolio of two-hour battery projects will allow this opportunity to be fully exploited.

31 Oct 2022
NextEnergy Solar Fund - Major Battery Portfolio Acquired

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NextEnergy Solar Fund - Major Battery Portfolio Acquired
NextEnergy Solar Fund Ltd (NESF:LON) | 60.8 0 0.0% | Mkt Cap: 349.4m
- Published:
31 Oct 2022 -
Author:
Adam Forsyth -
Pages:
3 -
NESF has made a leap forward in investment in standalone battery storage to complement its existing solar portfolio, taking its JV battery capacity with Eelpower to 300MW in a new deal. With growing renewable energy penetration, the GB power market is becoming more volatile, growing opportunities to take advantage of arbitrage opportunities. The acquired portfolio of two-hour battery projects will allow this opportunity to be fully exploited.