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Newcastle International Airport has secured its first-ever sustainable finance package, totalling £208 million, from HSBC, ING, NatWest and the Development Bank of Japan (DBJ), to help reach net zero by 2035.

The Department for Business, Energy and Industrial Strategy (BEIS) has provided over £32 million to five energy storage projects across the nation to support the development of new technologies such as thermal batteries and liquid flow batteries.

Construction has started on the UK’s second Energy Superhub in Coventry being developed by EDF Renewables UK.

As energy storage continues to see an upward trajectory in the UK energy market, two second life battery energy storage systems (BESS) have been installed at Advanced Manufacturing Research Centre (AMRC) Northwest in Lancashire.

“In my opinion, the addition of battery energy storage coupled with solar can get renewable penetration to the next level,” said Ioannis Grammatikakis, UK country manager at Power Factors.

Mobilize Power Solutions, the electric vehicle (EV) charging specialist of Renault Group, has partnered with Connected Energy to install second-life battery energy storage systems (BESS) at EV sites.

Flexitricity and Thrive Renewables are continuing the expansion of the UK’s battery energy storage sector with the signing of an optimisation agreement.

Thrive Renewables is launching a new crowdfunding offer, aiming to raise £5 million for its solar, battery storage and onshore wind activities.

​Flexitricity has signed a new optimisation partnership with Gore Street Capital, extending the existing partnership between the two.

​Battery energy storage company Field has hired the former CTO of Royal Mail to optimise the deployment of its growing energy storage portfolio.