The Anonymous Widower

New Optimisation Agreement For 70 MW / 160 MWh BESS In Sweden

The title of this post is the same as that of this press release from Centrica.

This is the sub-heading.

Centrica Energy, the energy trading and optimisation arm of Centrica plc, has signed an optimisation agreement with Ånge Storage Solutions AB, a project company jointly established by Delta Capacity, a Swiss-based developer of utility-scale battery storage systems, and Wood & Co., a leading European investment bank and asset manager, for a 70 MW / 160 MWh battery project in Ånge, Sweden, scheduled to be commissioned in Q2 2026.

These three paragraphs add more detail.

Once operational, the Ånge project will be the largest BESS currently in operation in the Nordics, underlining the strong partnership between the companies and the project’s clear strategic significance and market impact. The project represents a major step forward for grid flexibility in Sweden, supporting the country’s rapidly growing renewable energy capacity while strengthening system stability in the SE2 bidding zone.

Under the agreement, Centrica Energy will act as optimiser for the project, providing 24/7 in-house trading and optimisation services. Leveraging advanced forecasting, real-time market benchmarking and AI-enhanced trading algorithms, Centrica Energy will optimise the battery across wholesale electricity markets and ancillary services, dynamically capturing value across multiple revenue streams.

The agreement on the Ånge project kicks off the partnership between Centrica Energy and Delta Capacity, underlining the companies’ shared ambition to accelerate flexible energy solutions across the Nordics.

It seems that Centrica are doing some serious programming, which mirrors the offbeat engineering, that was hinted at in Centrica Tackles Difficult Terrain To Deliver Sustainable Solar Solution For Derbyshire Manufacturer.

You can’t do anything but like Centrica’s robust attitude  and their determination to get things done.

I also wonder, if Centrica are putting their expertise and technical excellence alongside the money and risk of others!

You can argue it was like that with Artemis in the last thirty years of the last century. One quarter million pound computer and software package would be planning and controlling the building of a multi-billion pound project.

I feel now, that I can say that now the Channel Tunnel is part of my history.

From the words of the press release, they seem to have developed a very-sophisticated hybrid-battery-control system, where types with expertise-honed on the trading floor or even the battlefield, could be intimately involved in the decisions.

As a check on my use of battlefield, I asked Google AI”if ex military weapons officers good operators on a city trading floor?” and received this reply.

Ex-military weapons officers—and military officers more broadly—can make excellent operators on a city trading floor, as their skill sets in leadership, pressure management, and risk assessment are highly transferable and increasingly sought after by financial institutions.

Key Reasons Military Officers Succeed as Traders

Decision-Making Under Extreme Pressure: Operational officers are accustomed to making critical, split-second decisions with limited information, which mirrors the environment of a volatile trading floor.

Risk Management & Discipline: The military teaches meticulous planning, risk mitigation, and strict adherence to procedures. In trading, this translates into managing margin, controlling losses, and following a strict, repeatable trading strategy.

High Mental Stamina and Resilience: The ability to stay calm and focused when others are losing their composure is a key trait that veterans bring, helping them survive high-stress trading scenarios.

Adaptability: The ability to respond to changing circumstances on the battlefield translates into managing portfolios in rapidly shifting market conditions.

Transferable Skills Checklist
Strategy & Logistics: Background in understanding supply chain imbalances (supply/demand).

Communication: Ability to convey orders clearly and concisely.

Integrity: High level of discipline and accountability.

Potential Challenges and Considerations

While they possess strong psychological skills for trading, ex-military personnel often face a steep learning curve regarding technical financial knowledge and specific market terminology. Furthermore, the transition from a highly structured hierarchy to a meritocracy—where the only measure of success is profit/loss—requires a change in mindset.

Industry Adoption

Banks and trading firms in both the UK and US have recognized the value of these skills, with firms like Citibank and various prop firms establishing veteran-focused programs to hire and train former military personnel.

Conclusion

If ex-military weapons officers can adapt their ability to assess risks and manage operations to financial data, their natural inclination to stay calm under pressure and operate with discipline makes them top candidates for trading roles.

April 16, 2026 Posted by | Artificial Intelligence, Computing, Energy, Energy Storage, Finance & Investment | , , , , , | Leave a comment

What Offshore Wind Turbine Components Can Be Transported By RORO Ferries?

I asked Google AI, the title of this post and received this answer.

Roll-on/Roll-off (RORO) ferries, specifically specialized vessels like the Rotra class (Rotra Vente, Rotra Mare, Rotra Futura), are used to transport major, oversized offshore wind turbine components. These vessels allow large parts to be rolled directly on and off the deck using hydraulic ramps, mitigating the need for heavy-lift cranes in some cases.

 

Wind Turbine Blades: Modern RORO vessels can transport massive rotor blades—sometimes over 100 meters long—stowed in tiers (up to 12 or more blades per trip).

Nacelles: RORO vessels can carry multiple complete nacelles for large-scale direct-drive wind turbines.

Tower Sections: These vessels can accommodate large tower sections, often transporting multiple sections at once.

Hubs: Hub components can be transported via RORO, especially when loaded onto specialized trucks.

Drivetrains and Transformers: Internal components and large drivetrain assemblies are transported in the holds.

Floating Substructures/Substructures: In addition to the turbine itself, specialized RORO systems can transport components of floating substructures, such as secondary steel, inverters, and mooring equipment.

Advantages of RORO for Wind Components

Reduced Handling: Eliminates the need for cranes to lift heavy items, reducing the risk of damage during transport.

High Efficiency: Allows rapid loading and unloading of numerous large items simultaneously.

Protection: Specialized RORO vessels often feature telescopic roofs to protect sensitive nacelles from saltwater spray.

Efficiency for Large Projects: Specifically designed for handling large-scale offshore wind projects, such as the North Sea developments.

Specialized vessels, such as the Rotra Futura and Rotra Horizon, are designed to handle even larger, heavier components for next-generation offshore wind farms, and they often include cranes to complement their RORO loading method.

This article on offshoreWIND.biz is entitled RoRo Offshore Vessel Rotra Futura Hits the Water, and gives a full description of the vessel and her sister; Rotra Horizon.

This is the sub-heading.

The first of two offshore wind Roll-on/Roll-off (RoRo) vessels, the Rotra Future, designed to transport wind turbine components, has been launched at Jiangsu Zhenjiang Shipyard in China.

These four paragraphs give details of the design, financing, construction and ownership of the two vessels.

Concordia Damen has collaborated with Amasus, deugro Denmark, Siemens Gamesa, and DEKC Maritime in the development and construction of two RoRo vessels, namely Rotra Futura and Rotra Horizon.

The vessels, of which the first one was launched recently at the shipyard in China, are designed for the transport of large, and ever growing, wind turbine components.

The design of the two RoRo vessels builds on the previous ships in the Rotra concept, the Rotra Mare and Rotra Vente, which were also developed by Concordia Damen and have been operating since 2016.

These vessels are designed with a RO/RO (Roll-On/Roll-Off) system and an innovative ramp, allowing for the safe and efficient transport of larger loads.

April 9, 2026 Posted by | Artificial Intelligence, Design, Energy, Finance & Investment, Manufacturing, Transport/Travel | , , , , , , , , , | 1 Comment

Ocasio-Cortez, Markey Ask Trump Admin To Explain Paying TotalEnergies USD 1 Billion ‘In Taxpayer Money’ To Drop Offshore Wind Projects

The title of this post, is the same as that of this article on offshoreWIND.biz.

This is the sub-heading.

US lawmakers Alexandria Ocasio-Cortez and Ed Markey have sent a letter to Secretary of the Interior Doug Burgum on the plan by the Trump administration to pay nearly USD 1 billion to TotalEnergies to cancel offshore wind projects off the US East Coast, calling on the administration to stop the payment and explain the legal basis and funding source for the proposed transfer.

These four paragraphs add detail to the story.

As reported recently, the US government’s agreement with TotalEnergies concerns the company’s exit from offshore wind development in the country by relinquishing leases for projects off New York/New Jersey and North Carolina, for which the administration intends to pay approximately USD 928 million.

The agreement also stipulates that TotalEnergies would redirect that money to oil & gas projects in the US. The company, in a press release issued after signing the agreement with the government, indicated that it would invest proceeds from the payment into a liquefied natural gas export facility in Texas and other oil and gas activities in the US that will support both domestic supply and the demand in Europe.

As reported recently, the US government’s agreement with TotalEnergies concerns the company’s exit from offshore wind development in the country by relinquishing leases for projects off New York/New Jersey and North Carolina, for which the administration intends to pay approximately USD 928 million.

The agreement also stipulates that TotalEnergies would redirect that money to oil & gas projects in the US. The company, in a press release issued after signing the agreement with the government, indicated that it would invest proceeds from the payment into a liquefied natural gas export facility in Texas and other oil and gas activities in the US that will support both domestic supply and the demand in Europe.

Trump may have got what he wanted and stopped development of wind farms, but at what cost to US taxpayers?

Out of curiosity, I asked Google AI, “Which LNG Terminal In Texas Have TotalEnergies Agreed To Develop”, And Received This Answer.

TotalEnergies has agreed to develop and invest in the Rio Grande LNG (RGLNG) project located in South Texas.

Key details regarding TotalEnergies’ involvement include:

Partnership: In June 2023, TotalEnergies signed a framework agreement with NextDecade Corporation to participate in the development of the Rio Grande LNG project.

Ownership and Phase 1: TotalEnergies holds a 16.67% stake in the first phase of the project, which includes three liquefaction trains with an annual capacity of 17.5 million tons per annum (Mtpa).

Offtake Agreement: TotalEnergies has agreed to purchase 5.4 million tons per annum (Mtpa) of LNG from Phase 1 for 20 years.

Expansion (Train 4): As of September 2025, TotalEnergies has reached a Final Investment Decision (FID) for a 10% stake in the joint venture developing Train 4 of the Rio Grande LNG facility.

NextDecade Stake: TotalEnergies also acquired a 17.5% stake in NextDecade Corporation, the developer of the project.

The Rio Grande LNG project is located in Brownsville, Texas, and is expected to contribute to TotalEnergies’ goal of expanding its U.S. LNG export capacity to 15 million tons annually by 2030.

I shall be watching this project. Especially, as several new techniques have come forward in the last few months.

 

 

 

April 3, 2026 Posted by | Artificial Intelligence, Energy, Finance & Investment | , , , , , , , , , , , , , | Leave a comment

EU, France Grant EUR 126 Million For BW Ideol’s Floating Foundation Factory

The title of this post, is the same as that of this article on offshoreWIND.biz.

This is the sub-heading.

BW Ideol has signed the final grant agreement for up to EUR 74 million from the EU Innovation Fund for a factory in Fos-sur-Mer, France, that will produce concrete floating wind foundations. The factory, dubbed Fos3F, has also secured up to EUR 52 million from the French State.

These three paragraphs add more detail.

The final agreement for the EU Innovation Fund grant was signed on 19 March, after BW Ideol revealed in November 2025 that the Fos3F was selected for up to EUR 74 million in funding by the European Commission.

The French government awarded support for the project at the end of 2025 through the C3IV tax credit scheme, dedicated to supporting leading French companies in the Green Industry. The funding from the French State will cover up to EUR 52 million to partially fund development and capital expenditures.

According to BW Ideol, if built, the Fos3F will be a first-of-its-kind factory dedicated to the serial production of concrete floating wind foundations based on the company’s patented Damping Pool.

The factory is stated to have a capacity of thirty foundations per year.

This Google Map shows the location of Fos-sur-Mer.

Note.

  1. Arles is in the North-West corner.
  2. Marseille is in the South-East corner.
  3. The mouth of the Rhône River is in between.
  4. Fos-sur-Mer is outlined by the red-and-white border.

Google AI says there is significant steel making at the mouth of the Rhône River.

I also asked Google AI, “What turbines will BW Ideol floating foundations support?  and received this reply.

BW Ideol’s floating foundations are designed to be universal, supporting all major 15 MW+ offshore wind turbines currently on the market, with scalability to future 20 MW+ platforms. Their concrete barge-type technology—using the Damping Pool® design—is compatible with both existing and next-generation turbine manufacturers.

Key Compatibility Details:

15 MW+ and 20 MW+ Turbines: The foundations are engineered for current large-scale turbines (15 MW+) and are ready to accommodate upcoming 20 MW+ turbines, with designs already certified by DNV.

Proven Technology: The technology has been in operation since 2018 at the Floatgen site in France (using a Vestas V80 2 MW turbine) and in Japan, covering both shallow and deep-water applications.

Universal Application: The design is tailored for diverse metocean conditions and is designed to support the commercial deployment of large turbines in projects like the Buchan Offshore Wind project in Scotland.

Production Scalability: The concrete floating platforms are designed for mass production, capable of being manufactured quickly in a factory setting, such as the proposed Fos-sur-Mer site, to meet the schedules of major developers.

These foundations have received Design Certification from DNV, confirming their suitability for large-scale, commercial floating wind farms.

My Thoughts:

Concrete v. Steel: I used to work with someone, who was a big advocate of concrete yachts. Also check out the Wikipedia entry for the Troll A platform, which is a concrete Norwegian gas platform.

Zero-Carbon: I wouldn’t be surprised if concrete manufacture emits less carbon, than steel.

Port Talbot: Will BW Ideol build a similar factory at Port Talbot? I wrote about the Port Talbot factory in Port Talbot To Become Offshore Wind Hub For Celtic Sea. Both sites are next to a large bay, which would be ideal for parking completed floats and a world-class steelworks.

Buchan: Buchan’s web site says it will use seventy BW Ideol floats and generate I GW, 75 km. to the North-East of Fraserburgh. Google AI said the floats will be built at the Port of Ardersier.

Will A Mini-Steel Mill Be Built At The Port Of Ardersier?

I asked Google AI, the question in the title of this section and received this reply.

Yes, a £300 million green steel mill is planned for the Ardersier Port redevelopment as part of its transformation into a circular Energy Transition Facility. This facility aims to process scrap steel from decommissioned oil rigs into new materials to support offshore wind developments, alongside creating a concrete production plant.

Key details regarding the development:
Purpose: The mill is intended to process scrap from offshore decommissioning.

Technology: It is planned as a green steel plant.

Integration: It is aimed to be integrated into a new, fully circular “Energy Transition Facility”.

Context: While the facility aims for circular steel production, the port is primarily focused on becoming a hub for offshore wind and manufacturing.

Recent developments as of March 2026 suggest a focus on a “scaled back,” more achievable vision by new owners/managers, focusing on floating concrete wind turbine bases. Additionally, recent UK government intervention restricted a large Chinese-backed manufacturing plan at the site due to security concerns.

 

 

March 31, 2026 Posted by | Artificial Intelligence, Energy, Finance & Investment, Manufacturing | , , , , , , , , , , , , , , , , , , | Leave a comment

Vestas Unveils Plans For V236-15.0 MW Nacelle Factory In Scotland

The title of this post, is the same as that of this article on offshoreWIND.biz.

This is the sub-heading.

Vestas plans to build a nacelle and hub assembly facility in Scotland to support offshore wind projects in the UK and across Europe.

These four paragraphs give what looks to be a full outline of a more or less comprehensive plan.

The proposed factory would require a capital investment of more than EUR 250 million and is planned to manufacture nacelles and hubs for the company’s V236-15.0 MW offshore wind turbine. The new facility is expected to create up to 500 direct jobs, with additional employment across the supply chain.

According to Vestas, the plan to set up the factory follows the results of the Contracts for Difference Allocation Round 7 (AR7) in January 2026, the company’s growing offshore wind order book in the UK, and strategic discussions with the UK and Scottish governments on the next steps to develop and co-invest in the facility.

The plan also includes the potential co-location of suppliers producing other major turbine components, as part of a broader manufacturing setup.

The final investment decision (FID) on the new factory will depend on Vestas securing sufficient UK-based orders for the AR7 projects and those from the upcoming AR8. Subject to the timing of those results and the planning process, the facility could begin production by 2029 or 2030, Vestas said on 25 March.

  • V236-15.0 turbines are 15 MW turbines, for which Vestas have 256 orders in the UK for Inchcape, Norfolk Vanguard East and Norfolk Vanguard West.
  • In addition to new wind farms, will these large turbines be used for refitting to older wind farms?
  • If other manufacturers or components could be involved, this would surely be sensible.

The picture in the original article shows the large size of these nacelles, which would suggest a site with good access to water might be good to ease transport.

Did The Help For Steel, Six Days Ago Help?

On the 19th March, I wrote UK Steel Industry Backed By Major New Trade Measure And Strategy. Did this help for steel to formulate Vestas’s plans? I wouldn’t be surprised, if the steel can be taken to the site Vesta chooses by rail or water.

March 29, 2026 Posted by | Energy, Finance & Investment, Manufacturing | , , , , , | 1 Comment

Port Talbot To Become Offshore Wind Hub For Celtic Sea

The title of this post, is the same as that of this article on the BBC.

This is the sub-heading.

Port Talbot will become the first dedicated hub for floating offshore wind in the Celtic Sea.

These four introductory paragraphs add some detail.

Associated British Ports (ABP) will begin detailed design and engineering work on new port infrastructure after securing grant funding of up to £64m from the UK government.

The project will support the assembly and deployment of floating turbines that will operate in deeper waters off the Welsh coast. ABP said the development could support thousands of jobs and attract hundreds of millions of pounds in further investment.

The UK government said the new port would help deliver clean, homegrown electricity, protect households from volatile fossil fuel markets and create up to 5,000 new jobs.

Redeveloping the port to handle the assembly of wind turbines could position Port Talbot at the centre of a fast-growing clean energy sector.

I have some thoughts.

How Much Wind Power Is Planned For The Western Approaches?

In Ocean Winds Enters Lease Agreement With Crown Estate For 1.5 GW Celtic Sea Floating Wind Project, I published this Google AI estimate of the wind power, that could be developed in the Western Approaches.

How Much Wind Power Is Planned For The Western Approaches?

I asked Google AI, the title of this section and received this answer.

The UK has a target of 50 GW of offshore wind by 2030, with significant projects planned for the Celtic Sea (part of the Western Approaches), which is a key area for 5 GW of floating wind. Total UK offshore wind pipeline capacity exceeds 93 GW, with major developments in this region focusing on floating technology.

Key details regarding wind power in the Western Approaches (specifically the Celtic Sea) include:

Celtic Sea Developments: The area is a primary focus for floating wind projects, designed to capitalize on deep-water potential, with 5 GW of floating wind expected to be deployed across the UK by 2030.

Pipeline and Capacity: The total UK pipeline for offshore wind, which includes the Western Approaches, is 93 GW, and the government is aiming for 43-50 GW of installed offshore capacity by 2030.

Project Status: The region is expected to benefit from the Crown Estate’s leasing rounds aimed at accelerating floating wind, with 15.4 GW of new projects submitted across the UK in 2024.

Wales/South West England Context: Wales has 1.4 GW of projects in the pre-application stage, with some potential for developments off the South West coast.

For more detailed information on specific projects and their development status, you can visit the RenewableUK website and RenewableUK website.

It looks like about 20 GW of offshore wind could be installed in the Western Approaches.

I would expect, a lot of work will be generated in the Port Talbot area.

A Lot Of Steel Will Be Needed

Earlier in the weeek, the UK Government backed the steel industry in Port Talbot, with a press release entitled UK Steel Industry Backed By Major New Trade Measure And Strategy.

Port Talbot Is A Comprehensive, Well-Connected Site

This Google Map shows the site.

Note.

  1. The M4 running along the site.
  2. The South Wales Main Line running along the site, with Port Talbot Parkway serving the site.
  3. The harbour by the station.
  4. The Tata steelworks marked by the red arrow.

I hope the up to £64 million grant from the government is sufficient for Associated British Ports (ABP) to turn the harbour into a world-class floating wind facility and that the Treasury haven’t been too mean.

BW Ideol, ABP To Explore Serial Production Of Floating Wind Foundations At Port Talbot

I wrote a post with this name in December 2023, before the leases for the Celtic Sea windfarms had been awarded. As one has been awarded to EDf Renewables, BW Ideol seem to have made a good move.

BW Ideol have a web page, which describes their concrete floating wind foundations manufacturing line.

I hope South Wales has got enough concrete?

 

March 27, 2026 Posted by | Artificial Intelligence, Energy, Finance & Investment, Manufacturing | , , , , , , , , , , , , , , | 1 Comment

Shares Available In ‘UK-First’ Community-Owned Battery Energy Storage System

The title of this post is the same as that on this article on Solar Power Portal.

This is the sub-heading.

Low Carbon Hub, an Oxfordshire-based developer of community-owned renewable energy projects, is inviting investment in the 3MW/12MWh BESS.

These four paragraphs add more details.

Consumers have the opportunity to invest in the UK’s ‘first’ community-owned battery energy storage system (BESS).

Low Carbon Hub, an Oxfordshire-based developer of community-owned renewable energy projects, is inviting investment in the 3MW/12MWh BESS, which is co-located with the Ray Valley solar power plant.

At one time the largest community-owned solar development in the UK, the 19MW Ray Valley solar project came online in 2022.

Low Carbon Hub now plans to install battery energy storage at the site to “ensure more clean energy is used, and more money is generated for communities,” it said. As such, members of the public and organisations can buy shares in the Community Energy Fund through direct impact investing platform Ethex.

I think we could see more of this in the future.

 

March 26, 2026 Posted by | Energy, Energy Storage, Finance & Investment | , , , , | Leave a comment

UK Steel Industry Backed By Major New Trade Measure And Strategy

The title of this post, is the same as that of this press release from UK Government.

These three bullet points act as sub-headings.

  • Landmark new Steel Strategy sets ambition for up to 50% of steel used in the UK to be made in the UK, boosting production from 30%.

  • UK will introduce new trade measure to support national security by preserving vital steel production for critical national infrastructure and defence.

  • Steel import quotas will be reduced with higher tariffs of 50% outside of quotas, ensuring the UK steel sector’s future in the face of global overcapacity.

These three paragraphs add details.

On a visit to Tata Steel Port Talbot to meet steelworkers and launch the Strategy, the Business and Trade Secretary Peter Kyle announced the Government’s ambition to boost domestic production so that it can meet up to 50% of our domestic demand for steel, and secure the industry’s role in supporting vital UK sectors like infrastructure, defence and clean energy.

Building on the direct financial support the government has made so far, the National Wealth Fund will be the government’s main mechanism for providing up to £2.5 billion of financing for investment in the steel sector this Parliament. The Steel Strategy forms a vital part of the Government’s activist and strategic approach to British industry, taking decisive action to give businesses the certainty and support they need in uncertain times and bolstering the UK’s resilience.

Today, the UK also announces that from 1 July 2026, overall quota levels for steel imports will be significantly reduced by 60% compared to current arrangements, and steel coming into the UK above these levels will be subject to a 50% tariff.

 

March 19, 2026 Posted by | Finance & Investment, Manufacturing, News | , , , , | 3 Comments

Welsh Government Backs Marine Power Systems’ Floating Wind Tech With GBP 8 Million

The title of this post, is the same as that of this article on offshoreWIND.biz.

This is the sub-heading.

The Welsh government has invested GBP 8 million (approximately EUR 9.4 million) in Marine Power Systems (MPS) to support the commercialisation of its floating offshore wind technology.

These three paragraphs add more detail to the story.

According to the company, the funding will accelerate the deployment of its PelaFlex platform, a floating wind solution designed for deep-water sites where conventional fixed-bottom foundations are not viable.

Marine Power Systems said the investment will help move the technology from advanced development towards commercial-scale deployment and manufacturing. The company also plans to expand its industrial and assembly capabilities in the UK.

The PelaFlex platform has been designed to simplify fabrication, installation and long-term operations while enabling wind farms to be located further offshore where wind speeds are typically stronger and more consistent, MPS says.

The offshore wind industry in Wales seems to be gearing up for a big expansion.

Gwynt Glas is the collective name for the three 1.5 GW floating wind farms in the Western Approaches and in Gwynt Glas And South Wales Ports Combine Strength In Preparation For Multi-Billion Floating Wind Industry, I describe the initial agreement that started the Gwynt Glas project.

To my mind, Associated British Ports and the wind farm developers are making sure they can carpet the Western Approaches, with offshore wind farms.

In Ocean Winds Enters Lease Agreement With Crown Estate For 1.5 GW Celtic Sea Floating Wind Project, I talk in general about the progress of the first three 1.5 GW floating wind farms in Gwynt Glas and in particular about leasing of the third wind farm.

These two posts, indicate that the Port of Port Talbot is preparing itself to produce the floaters for floating wind turbines.

It certainly appears, that South Wales will be able to build the heavyweight gubbins for floating offshore wind.

According to Was South Wales Once The World’s Largest Coal Exporter? it was, and in 1913, the region produced 57 million tons of coal, with more than half exported.

It does look like South Wales is going to repeat the economic success with offshore energy.

I’ve heard tales from elderly Welshmen talking of the coal ships in the docks of South Wales and will we be seeing gas tankers in the docks of South Wales?

March 13, 2026 Posted by | Energy, Finance & Investment | , , , , , , , , | 2 Comments

NextEnergy Solar Fund To Shift To Energy Storage And Divest Solar in Strategic Overhaul

The title of this post is the same as that of this article on the Solar Power Portal.

This is the sub-heading.

As part of the reset, NextEnergy said it will increase its energy storage exposure up to 30% of its gross asset value, a significant increase on its current rate of 10%.

These two paragraphs give more of their reasoning.

NextEnergy Solar Fund has completed a “strategic reset” of its investment strategy which will see it focus on energy storage assets and increase project sales.

As part of the reset, NextEnergy said it will increase its energy storage exposure up to 30% of its gross asset value, a significant increase on its current rate of 10%. The company said the shift would “enhance the Company’s existing stable revenues generated by its operational solar assets and support future revenues”.

In Is Sumitomo Heavy Industries Highview Power Energy Storage System On Line At Hiroshima?, I describe a power supply system developed by Sumitomo Heavy Industries to supply a stable 5 MW to a LNG Terminal, using these components.

  • A Cold Source
  • Solar Panels
  • A 5 MW/20 MWh Highview Power liquid-air CRYObattery.

Do Sumitomo Heavy Industries believe that a combination of energy and/or battery sources working together gives the quality of stable power, that is needed by today’s modern factories, facilities and buildings?

As a Graduate Control Engineer, I very much believe stable power supplies are a good thing and Sumitomo Heavy Industries obviously feel that Highview Power’s liquid air CRYObatteries are a good way to provide them.

The adding of a battery into a solar-powered renewable power supply, would surely, increase the amount of batteries that NextEnergy were financing.

 

 

March 12, 2026 Posted by | Energy, Energy Storage, Finance & Investment | , , , , , , , | Leave a comment