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

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Infrastructure

Study: UK spending four times more on renewables projects than on grid upgrades

Study: UK spending four times more on renewables projects than on grid upgrades

BloombergNEF warns UK is trailing Germany, Spain, and Italy in grid investment and 'needs to play catch-up' if clean energy superpower ambition is to be realised

Stuart Stone
clock 09 December 2024 • 4 min read
Shell and Equinor UK to team up on new North Sea oil and gas venture

Shell and Equinor UK to team up on new North Sea oil and gas venture

Fossil fuel giants say joint venture will enable cost-competitive approach to maturing basin, but green campaigners argue the move reveals an industry in 'terminal decline'

James Murray
clock 05 December 2024 • 4 min read
Panasonic delivers green hydrogen revamp for microwave factory

Panasonic delivers green hydrogen revamp for microwave factory

Cardiff facility deploys mix of green hydrogen, solar PV, and battery storage to decarbonise 50 year old factory

Stuart Stone
clock 04 December 2024 • 3 min read