13 Jun '18, 11pm

Thrive Renewables and Aura Power join forces on business battery storage offer

Thrive Renewables and Aura Power join forces on business battery storage offer

Clean energy developers Thrive Renewables and Aura Power are today launching a new joint venture to offer battery energy storage to UK businesses free of charge, in return for a share of the resulting revenues. Companies which agree to install battery units could save money by avoiding peak time grid charges, and earn revenues on the batteries by selling flexibility services to the grid, Aura and Thrive said. Related articles 'The right thing to do': IKEA Group secures approval for 80 per cent science-based emissions target Samsung Electronics promises 100 per cent renewables switch Green watchdog: Commons approves government concession amendment UBS Global Wealth Management debuts private client sustainable investment portfolio 'Game-changer': Major European banks partner for green mortgage pilot In return for providing, installing, and maintaining the battery, the two co...

Full article: https://www.businessgreen.com/bg/news/3034138/thrive-rene...

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