Highview Power raises £300m to develop Manchester long duration energy storage facility

clock • 3 min read
Artist impression of the LAES storage facility | Credit: Highview Power
Image:

Artist impression of the LAES storage facility | Credit: Highview Power

Firm secures funding from UK Infrastructure Bank, Centrica and other investors to develop 'UK's first' commercial scale liquid air energy storage facility

Energy storage specialist Highview Power has secured £300m to fund the construction of the UK's first commercial-scale liquid air energy storage (LAES) plant in Manchester, it announced today. The funding...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Investment

 'Greener Game': FA and E.ON Next to invest over £1.5m a year in grassroots sustainability

'Greener Game': FA and E.ON Next to invest over £1.5m a year in grassroots sustainability

Football Association sets out green gameplan to help grassroots football clubs become more sustainable while reducing energy costs

Stuart Stone
clock 20 November 2024 • 3 min read
Triodos Bank ringfences €500m for nature-based solution funding

Triodos Bank ringfences €500m for nature-based solution funding

Ethical bank aims to provide half-a-billion-euros in investments, loans, and contributions to nature-based solutions sector by the end of 2030

Stuart Stone
clock 19 November 2024 • 2 min read
Why sustainable procurement is imperative for a climate-resilient world

Why sustainable procurement is imperative for a climate-resilient world

Sustainable procurement is a transformative tool that can help deliver on sustainable development goals and drive down emissions, writes Anne-Claire Howard from the UN Office for Project Services (UNOPS).

Anne-Claire Howard, UN Office for Project Services
clock 18 November 2024 • 4 min read