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

Survey: Over 80 per cent of public signal support for local renewable energy infrastructure

Survey: Over 80 per cent of public signal support for local renewable energy infrastructure

Survey results highlight growing public concern about the effects of climate change and reveal strong willingness to support renewable energy development

clock 11 February 2026 • 2 min read
The EU is borrowing from the UK's grid playbook - but should it?

The EU is borrowing from the UK's grid playbook - but should it?

Moving too quickly to build out the energy grid without fully integrating domestic flexibility risks locking in a higher-cost future for consumers, warns Amber Woodward from the Centre for Net Zero

Amber Woodward, Centre for Net Zero
clock 10 February 2026 • 4 min read
Study: Grid investment could unlock £194bn of economic benefits

Study: Grid investment could unlock £194bn of economic benefits

'Supercharged’ grid investment programme would enable the clean energy transition and ensure infrastructure keeps pace with rising demand for power, Arup claims

Stuart Stone
clock 10 February 2026 • 3 min read