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UK’s largest solar and storage project secures financial close
Quinbrook completes financing for Cleve Hill Solar Park in Kent, England. The solar and storage project will be the largest in the United Kingdom when it goes live later in 2025. The developer claims contract for difference, capacity market and power purchase agreements (PPAs) were critical to securing project financing.
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Spain preps grants for energy storage and grid demand management
A consultation exercise has been opened into a plan to distribute European Regional Development Fund (ERDF) cash into large-scale energy storage and grid flexibility sites and into customer-side electricity demand management technology.
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