The Gulf is investing heavily in storage at the project level, but early-stage venture is thinner. Here are 15 investors backing storage founders, from Aramco Ventures and Wa'ed to the sovereign and corporate capital that dominates the region.
The 850MW NSW project has completed commissioning after a year of reduced capacity following a transformer failure. It now supports Transgrid's grid stability scheme while the Hunter Transmission Project is still to come.
The Thames-side heat network would use recovered heat from sources such as data centres and factories to supply 650,000 London homes, with funding part of a wider £90m government commitment to heat networks in the capital.
Ørsted's North Sea development has delivered two of the world's largest offshore wind farms. Its third phase is in construction with Apollo as a half-owner, while the fourth has been discontinued in its current form.
The Department for Energy Security and Net Zero has announced £9m to expand Bradford's city-centre low-carbon heat network, with upgrades also planned for existing schemes in Leeds and York.
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