EDF signs revenue deal with Elements Green, launches consultation with PS Renewables

EDF and Elements Green have signed a long-term deal guaranteeing revenue for a 360 MW/720 MWh BESS under construction in Nottinghamshire, England.

The UK-based developer will receive a guaranteed minimum level of income for its Staythorpe BESS under the agreement with EDF, who will be responsible for securing revenue from grid balancing activities. EDF will trade the BESS through its Powershift platform, which the utility claims will ensure it makes the “best possible return” from available opportunities on the market.

The revenue deal with EDF supplements a 15-year capacity market contract secured by Elements Green for the under-construction Staythorpe BESS. The project recently reached financial close via a GBP 140 million ($190 million) debt facility provided by Goldman Sachs Alternatives. Chinese manufacturer Hithium has signed a deal to supply the project with its 5 MWh BESS DC block, and RES has secured a five-year operation and maintenance contract for the site.

Scheduled for commissioning in 2027, Staythorpe BESS will be one of the largest battery storage projects connected to Great Britain’s grid when energized. It is part of a growing portfolio of BESS assets contracted by EDF. The utility reports it has more than 950 MW of battery storage under contract in Great Britain.

EDF’s UK project development arm has also announced a step forward for a major solar and storage project being developed in partnership with PS Renewables. Full project details are not yet available but initial documents for the South Brooks Solar Farm in Kent, England, propose a 1,094 hectare site with a 500 MW grid connection. The project will be subject to a six-week public consultation opening on Sept. 18, 2025.