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    Low Carbon secures funds to begin constructing UK solar battery portfolio

    Feb 03,2024 | DAXTROMNSOLAR

    Low Carbon, a renewable energy investment firm, has secured €400 million in funds to start constructing a solar battery portfolio in the UK. The company plans to build and operate large-scale battery storage projects across the country, aiming to provide flexible electricity generation to support the integration of renewable energy sources.
    The portfolio will consist of multiple solar-powered battery storage facilities strategically located across the UK. These facilities will enable the storage of excess energy generated during periods of high renewable energy production, which can later be used to ensure a consistent and reliable electricity supply during times of increased demand or low renewable generation.
    The UK government has set ambitious targets to decarbonize the energy sector and reduce greenhouse gas emissions. Battery storage is seen as an essential component in achieving these goals by balancing intermittent renewable energy sources and improving grid stability. Low Carbon's solar battery portfolio will contribute to the country's efforts in transitioning to a low-carbon future.
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