Drthomas, Trigger The most valid contributions today
The repeated references to the commercial failure that was Unilad are verging on the rediculous when iconics Facebook page has no content and 21 likes and their Twitter feed is actually worse in reality because of its relevance to the field they are in. I fear that the lack the skills and direction to fully commercialise every opportunity and all these soft deals with connected parties do not inspire. And where the feck is the £1m revenue deal?
Gresham House battery investment fund buys another 50MW project These guys aren’t wasting any time investing their capital. This type of investment has to drive battery deployment faster and further. Looking forward to seethe momentum building as other investment houses realise the yield that can be bought whilst maintaining green credentials.
Of the total battery storage capacity 50MW, RedT (now IES) have only 2MW, 4%. I wonder why such a small allocation to VRFB. Going forward, this is the first of fifty sites licensed for such developments, again I’m wondering if VRFBs will play a bigger part.
I trust my interpretation of the facts is correct.
Expansion of an existing project, unsure of the storage tech but they have monetised business model giving investors double digit returns. Once asset managers get their head round the yields with capital security, in the case of VRFB electrolyte, there will be a scramble to fund large scale static storage