FRV and Tyler Hill Form FRV TH Powertek Limited

FRV and Tyler Hill launch FRV TH Powertek limited to develop 1GW storage systems in the UK.

Share:

FRV and Tyler Hill launch FRV TH Powertek limited to develop 1GW storage systems in the UK.

A partnership of expertise

FRV partners with Tyler Hill for a battery storage project in the UK. The collaboration was expected to generate 1 to 2GW of storage capacity within 5 years. In addition, the investment amounts to £1 billion.

FRV is part of the Abdul Latif Jameel Energy Group, a major player in sustainable development projects worldwide. The management team of the new platform combines experience in financing and project management. Abdul Latif Jameel’s vice president, Fady Jameel, says:

“We are delighted to be working with FRV on the launch of this platform, which combines the expertise and capabilities of both organizations to help decarbonize the UK energy sector.”

A major project

Battery energy storage plays a key role in a more stable, low-carbon power supply to the electrical grid. This partnership allows us to aim for significant growth in the installed capacity of battery storage projects. FRV and Tyler Hiller intend to accompany the UK towards its goal of net zero emissions by 2050.

The close collaboration with Tyler Hill is helping FRV to grow its presence in the UK. This partnership also consolidates the expansion of the portfolio of energy storage projects internationally. Finally, the synergy of the two organizations’ skills contributes to the decarbonization of the British energy sector.

  • Populaires ​
Renewable energy: access improving, but financing still insufficient for Africa
Enbridge Gas Ohio challenges tariff ruling cutting its revenues by $30mn
Natural hydrogen: France on the verge of redefining its national and European energy strategy
Iberdrola increases supplementary dividend by 16.5% to €0.409 per share
Iberdrola launches metocean studies for Australian offshore wind farm
Atmos Renewables finances major energy storage project in Australia
Atmos Renewables has completed financing for a 100 MW battery energy storage system in Western Australia, marking the company's first asset of this type in the region and strengthening its presence in the Australian energy market.
Eos Energy secures additional $22.7mn to strengthen US production capacity
Eos Energy Enterprises has received an additional $22.7mn from the US Department of Energy to complete the first phase of its battery manufacturing project in the United States, bringing total funding to $90.9mn.
Global investments of $1.2 trillion needed for energy storage by 2034
A Wood Mackenzie report estimates required battery investments at $1.2 trillion to integrate an additional 5,900 GW of renewable energy, highlighting battery storage systems' key role in stabilising electrical grids.
HyperStrong and Repono launch 1.4 GWh of energy storage in Europe by 2027
Chinese company HyperStrong and Swedish firm Repono AB announce a strategic agreement to jointly implement large-scale energy storage projects totalling 1.4 GWh in Europe by the end of 2027.
Globeleq closes $300 million financing for landmark project
Globeleq and African Rainbow Energy finalise financing for Africa's largest standalone battery energy storage project, raising ZAR 5.4 billion ($300 million) from Absa and Standard Bank in South Africa.
Matrix Renewables signs 22 MW energy storage contract in California
Matrix Renewables and Pioneer Community Energy have signed an energy capacity contract for a 22 MW battery storage project in Kern County, operational from early 2026.
Ignitis begins construction of three energy storage parks in Lithuania
The Ignitis Group is starting the construction of three battery energy storage systems in Lithuania, with a combined capacity of 291 MW and a total investment of €130mn.
Alinta Energy launches construction of the first Reeves Plains Energy Hub battery in Australia
Alinta Energy has appointed GenusPlus Group to build the first phase of the Reeves Plains Energy Hub Battery, a high-capacity storage facility designed to support grid stability in South Australia.
The Indonesian-Chinese lithium-ion battery plant will open with 6.9 GWh in 2026
A partnership between Indonesia Battery and Contemporary Amperex Technology aims to launch a lithium-ion battery plant in Indonesia by the end of 2026, with a 6.9 gigawatt-hour capacity and planned expansion.
State Grid completes energy storage compartment at Tongli substation in Wuzhong
State Grid Wuzhong Power Supply Company announces the completion of the energy storage compartment at Tongli substation, a key step for the upcoming integration of a 300 MW shared storage power plant in Ningxia.
Globeleq launches South Africa’s largest energy storage facility
Globeleq and African Rainbow Energy finalise commercial agreements for a 153 MW energy storage project in South Africa, aimed at enhancing national grid stability and optimising peak energy management.
Global microgrid market to reach 191 billion dollars by 2033
Estimated at 40.9 billion dollars in 2024, the global microgrid market is expected to grow at an average annual rate of 19.28% to reach 191.01 billion dollars by 2033, driven notably by innovative energy contracts.
Energy storage: Historic growth in the United States despite regulatory uncertainty
The U.S. energy storage market set a historic record in early 2025, surpassing 2 GW installed in the first quarter despite increasing uncertainty regarding federal fiscal policies and tax credits.
Morocco: COBCO Starts Production of Materials for Electric Vehicle Batteries
The Sino-Moroccan joint venture COBCO has begun manufacturing essential lithium-ion battery components at its Jorf Lasfar plant, targeting a final annual capacity of 70 GWh, enough to equip one million electric vehicles.
Trianel deploys 900 MW battery to bolster German grid flexibility
Trianel teams with BKW and Luxcara to build a 900 MW lithium-iron-phosphate storage park in Waltrop, the first phase of a complex that could reach 1.5 GW and stabilise the German grid.
Blue Whale Energy installs 8 MWh of sodium-ion batteries on Southeast Asian urban rooftops
Blue Whale Energy partners with UNIGRID to deploy behind-the-meter storage systems adapted to constrained commercial and industrial urban areas in Southeast Asia.
Foreign Investor Submits Offer for Northvolt Following Bankruptcy
Northvolt, recently placed under judicial administration, has received an indicative offer from a foreign investor to acquire its Swedish assets, signaling a potential imminent restart of its battery production units.
Jinko ESS and Metlen sign 3GWh battery storage deal for Chile, Europe
The frame agreement aligns Jinko ESS’s utility-scale storage technology with Metlen’s development pipeline, unlocking more than 3GWh across Chile and Europe while reducing delivery risk for grid operators.
Viridi secures UL 9540 certification after public fire test
Buffalo-based Viridi has obtained the cETLus mark for its RPS150 system, meeting the UL 9540 standard only days after a public battery fire-containment demonstration.
Tesla Signs $560 Million Contract for Electricity Storage in China
Tesla is building a giant electricity storage facility in Shanghai, China, signing a $560 million contract to meet growing demands on the urban electricity grid.

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS