Masdar and Octopus Energy Group ink UK battery storage deal

Michael Holder
clock • 3 min read
(L-R) Octopus Energy CEO Greg Jackson with Masdar's Dr Sultan Ahmed Al Jaber and Mohamed Jameel Al Ramahi | Credit: Masdar / Octopus Energy Group
Image:

(L-R) Octopus Energy CEO Greg Jackson with Masdar's Dr Sultan Ahmed Al Jaber and Mohamed Jameel Al Ramahi | Credit: Masdar / Octopus Energy Group

Partnership will see UAE clean energy giant manage its planned £1bn UK battery storage portfolio using Octopus Energy Group's Kraken technology

Clean energy giant Masdar is to manage its planned £1bn UK battery storage portfolio using Octopus Energy Group's energy technology platform Kraken, under a major new agreement between the two firms announced...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Infrastructure

Study: Investment in crucial clean technologies 'not keeping pace' with climate goals

Study: Investment in crucial clean technologies 'not keeping pace' with climate goals

Roll out of grids and key clean technologies not moving fast enough to deliver the energy and climate security Europe needs, new study warns

Stuart Stone
clock 07 July 2026 • 5 min read
ChargeUK names Shane Brennan as new chief executive

ChargeUK names Shane Brennan as new chief executive

Former boss at the Cold Chain Federation to take up the reins at EV charging infrastructure trade body

BusinessGreen staff
clock 06 July 2026 • 3 min read
 UK 'electrical superhighway' to be made using 100 per cent recycled copper

UK 'electrical superhighway' to be made using 100 per cent recycled copper

Cables for Eastern Green Link 2 to be made using 10,000 tonnes of recycled copper, as part of efforts to slash the project's environmental footprint

clock 03 July 2026 • 2 min read