Pulse Clean Energy has secured a £220 million green finance package from a consortium of six international banks, marking one of the UK’s largest battery storage infrastructure deals to date.
The funds will accelerate the development of six new battery energy storage system (BESS) sites, including the conversion of former diesel facilities. It will also support nine existing or near-complete sites across the UK, including locations in Scotland, Devon, Greater Manchester, and Wales.
Together, the new battery storage projects will deliver over 700MWh of capacity, generating more than £200 million in gas and emissions savings over their lifetime. These installations will enhance the grid’s ability to integrate wind and solar power, reduce reliance on imported gas, and lower energy bills for consumers.
The National Energy System Operator (NESO) estimates the UK will need 50GW of storage power and nearly 200GWh of capacity by 2050 – requiring a four- to fivefold increase by 2030. Pulse Clean Energy is positioning itself to meet a significant share of this demand, with plans to exceed 2GWh of operational capacity by the end of the decade.
Nicola Johnson, Chief Financial Officer of Pulse Clean Energy, said, “This landmark investment reflects strong global confidence in the growing UK battery storage market and in Pulse Clean Energy’s ability to deliver at scale. These six facilities will not only strengthen grid resilience but also unlock significant cost savings for consumers by allowing more renewable power onto the grid and reducing the need for expensive backup power during peak periods.
