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KiWi Power gets 15MW aggregation deal, UK batteries hotting up

Demand Response (DR) aggregator KiWi Power has announced that it has been picked by Gresham House New Energy to optimize its new 15 MW battery in Bristol. KiWi will be able to use the battery in the UK’s DR programs, providing it as a grid-scale asset that will earn Gresham House participation fees and, hopefully, a tidy profit for KiWi and its platform. Gresham House is an investment vehicle that is targeting, as the name suggests, new energy resources and technologies. The investment team is focused on solar, electric transportation, onshore wind, and energy storage. To this end, it whiffed on its recent share placement, only raising £41.6mn to fund its current pipeline, and falling short of the £58mn it…

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