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

 UK Power Networks launches heat network mapping project to assess future grid needs

UK Power Networks launches heat network mapping project to assess future grid needs

Network operator teams up with consultancy Arup and heating specialist Bring Energy on new HeatScape project to map existing heat networks, forecast future growth, and assess electricity needs

clock 20 August 2025 • 3 min read
Battery storage system touted as 'UK's largest' switched on in Essex

Battery storage system touted as 'UK's largest' switched on in Essex

Statera Energy hails energisation of landmark 300MW / 600MWh battery energy storage system in Thurrock

clock 18 August 2025 • 3 min read
Poll: Eight in 10 Brits back more clean energy, including nearly two thirds of Reform supporters

Poll: Eight in 10 Brits back more clean energy, including nearly two thirds of Reform supporters

New YouGov survey confirms there is still overwhelming support for expanding the UK's clean energy infrastructure and a raft of other climate policies

James Murray
clock 11 August 2025 • 4 min read