Why the time is right for UK green energy investment

8 November 2019

Harmony's CEO Peter Kavanagh has been featured in Renewables Investor, exploring the factors which are making the UK's green energy infrastructure a sensible investment for overseas funds.

Peter said: “If you park the political bias and ignore the hesitation of Brexit, the investment opportunity in UK green energy infrastructure becomes clear; a thriving industry, supported by national policy, with proven technologies at rapidly dwindling costs. With the low pound and a global awakening to climate change issues too, I’d argue there has never been a better time for overseas funds to invest.”

He also explores how the low sterling, falling installation costs and growth of battery energy storage is helping to attract overseas investment.

You can read the full article here: https://www.renewablesinvestor.com/park-the-political-bias/.

 

 

 

 

Battery

Battery energy storage systems (BESS) are the key to unlocking the full potential of intermittent renewable energy; the more renewable energy that is connected, the more important the ability to manage its intermittent nature becomes. Harmony have 42MW/84MWh BESS operating in the UK, with a future 326MW/652MWh in build.

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Solar

Harmony Energy is currently developing large solar PV farms, using our project expertise to support landowners throughout the development process.

In the UK Harmony is developing 200MWs of standalone solar projects and 500MWs of solar projects co-located with its battery projects

Solar PV is a proven, cost-effective technology and many countries around the world are turning to it to help meet their energy needs.

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Wind

Harmony Energy has built and operated 15 wind power sites in the UK, so we have a wealth of project and technical expertise to share with landowners.

Our wind business was backed by one of the world’s largest infrastructure investors - Universities Superannuation Scheme (USS). The majority of the portfolio was sold to Blackfinch Investments in 2019.

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