Investment company NextEnergy Solar Fund (NESF) has acquired its first battery storage assets. The company announced on Wednesday 30 May that it had gained two utility-scale solar-plus-storage farms from a £9.3mn investment. The projects have a combined storage capacity of 1MW and solar generation capacity of 7.2MW. Revenue from the services will be on top of the revenue streams provided by the 1.4 Renewables Obligation Certificates and Feed-in Tariff regimes that the adjacent solar farms qualify for. The assets are located in Berkshire and Buckinghamshire.
