UK scaleup Highview Power has secured £300mn to build a liquid air storage plant in Manchester.  The UK government’s Infrastructure Bank led the funding round. Investment bank Goldman Sachs, British energy firm Centrica, and mining giant Rio Tinto also took part. The investment acts as a stamp of approval for an emerging technology that could help wean the country off dirty sources of baseload power like gas and coal.

BING NEWS:
  • Highview Power secures £300M to build UK’s first liquid air battery
    UK scaleup Highview Power has secured £300mn to build a liquid air storage plant in Manchester. The UK government’s Infrastructure Bank led the funding round. Investment bank Goldman Sachs ...
    06/13/2024 - 11:58 pm | View Link
  • £300m energy storage plant 'could make Greater Manchester a leader in the net zero transition'
    The backers of a pioneering £300m energy storage plant set for Greater Manchester say it could play a key role in the UK’s net zero transition.
    06/12/2024 - 11:52 pm | View Link
  • British Gas owner backs £300m ‘liquid air’ energy project
    The owner of British Gas has backed a pioneering plan to build the UK’s first commercial energy storage project to use liquid air in a £300m fundraising.Highview Power has revealed Centrica is among a ...
    06/12/2024 - 6:32 pm | View Link
  • Liquid air energy storage plant to create 700 jobs
    Work has begun on a £300m energy plant which will store surplus electricity from wind and solar farms in the form of liquid air. The facility at Carrington near Manchester, designed by Highview Power, ...
    06/12/2024 - 6:22 pm | View Link
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