Latest news with #HarmonyEnergy
Yahoo
09-06-2025
- Business
- Yahoo
Battery plant on farmland gets go-ahead
Proposals to build a battery energy storage system (BESS) on farmland in West Yorkshire have been approved. The application by Harmony Energy to install the facility at a six acre (2.5 hectare) site off Holmfield Lane, near Castleford, was given the go-ahead by Wakefield Council. The 36 energy storage unit BESS would take in power from renewable sources and release them to the National Grid when demand was high, the applicants said. A total of 49 residents objected to the scheme, citing concerns about traffic hazards along the lane, fire risks and the impact on local wildlife. The site was originally designated as greenbelt land under Wakefield Council's Local Plan, which was adopted in January 2024. However, it was later deemed to be "grey belt" land after the government published a revised national policy framework in December. A planning statement submitted by the energy company said the benefits brought by the scheme would outweigh any harm, according to the Local Democracy Reporting Service. It said the A1(M) and M62 motorways already dominated the openness of the greenbelt near Castleford. Harmony said this type of scheme was a "vital component in the drive towards zero carbon". "This type of technology has an important role to play across the National Grid, and at a local level in Wakefield's own target to achieve zero carbon by 2038," it stated. West Yorkshire Fire Service called for the scheme to be designed in accordance with National Fire Chiefs Council guidelines for BESS facilities. Proposals for a BESS facility less than half a mile away, off Stranglands Lane, next to the former Ferrybridge Power Station, were also approved last week. Listen to highlights from West Yorkshire on BBC Sounds, catch up with the latest episode of Look North Green light for battery energy storage system Is greenbelt at more risk from move to protect it? Wakefield Council
BBC News
09-06-2025
- Business
- BBC News
Battery plant on Castleford farmland gets go-ahead
Proposals to build a battery energy storage system (BESS) on farmland in West Yorkshire have been application by Harmony Energy to install the facility at a six acre (2.5 hectare) site off Holmfield Lane, near Castleford, was given the go-ahead by Wakefield 36 energy storage unit BESS would take in power from renewable sources and release them to the National Grid when demand was high, the applicants said.A total of 49 residents objected to the scheme, citing concerns about traffic hazards along the lane, fire risks and the impact on local wildlife. The site was originally designated as greenbelt land under Wakefield Council's Local Plan, which was adopted in January it was later deemed to be "grey belt" land after the government published a revised national policy framework in December. 'Important role' A planning statement submitted by the energy company said the benefits brought by the scheme would outweigh any harm, according to the Local Democracy Reporting said the A1(M) and M62 motorways already dominated the openness of the greenbelt near said this type of scheme was a "vital component in the drive towards zero carbon"."This type of technology has an important role to play across the National Grid, and at a local level in Wakefield's own target to achieve zero carbon by 2038," it Yorkshire Fire Service called for the scheme to be designed in accordance with National Fire Chiefs Council guidelines for BESS for a BESS facility less than half a mile away, off Stranglands Lane, next to the former Ferrybridge Power Station, were also approved last week. Listen to highlights from West Yorkshire on BBC Sounds, catch up with the latest episode of Look North
Reuters
20-05-2025
- Business
- Reuters
UK takeover panel cancels Harmony Energy auction
May 20 (Reuters) - UK's takeover panel on Tuesday cancelled an auction to conclude the sale of Harmony Energy Income Trust (HEIT.L), opens new tab, set to take place on May 21, after Drax (DRX.L), opens new tab, one of the bidders, decided against raising its offer. The panel had decided on a bidding process following proposals last month from two funds managed by British investment manager Foresight Group LLP, valuing Harmony at around 209.9 million pounds ($278.12 million), which surpassed Drax's 199.9 million pounds bid.
Reuters
16-05-2025
- Business
- Reuters
UK takeover panel sets May 21 auction for Harmony Energy
May 16 (Reuters) - The UK takeover panel said on Friday it had planned an auction for May 21 to conclude the sale of Harmony Energy Income Trust (HEIT.L), opens new tab, after rival bidders failed to submit final offers for the British battery storage investment firm. The bidding process follows a proposal last month from two funds managed by British investment manager Foresight Group LLP, which valued Harmony at around 209.9 million pounds ($278.12 million), surpassing an earlier 199.9 million pounds bid from British power company Drax (DRX.L), opens new tab. The outcome of the auction, which will consist of up to five rounds, is expected to be announced on May 22. ($1 = 0.7547 pounds)
Yahoo
07-03-2025
- Business
- Yahoo
Battery storage site plan submitted
Plans have been lodged for a battery energy storage facility in Rotherham. It would be on land off Hard Lane in Kiveton Park and could store enough electricity to power approximately 130,000 homes for two hours, saving more than 5,500 tonnes of carbon dioxide annually. The firm behind the project, Harmony Energy, said they have amended their proposals to further screen the development from the existing public footpath and Community Woodland area to the west following a public consultation. The 40 mega watt (MW) project, would be located next to Kiveton Park substation, and would be built on low-grade agricultural land. The applicants said the scheme would generate more than £90,000 per year in business rates for Rotherham Metropolitan Borough Council, and they would provide a community fund worth £400,000 over the project's lifetime to support local causes. According to the Local Democracy Reporting Service, the revised plan also includes the use of green-coloured batteries and aims to create new habitats, ensuring a biodiversity net gain of more than 35%. Peter Kavanagh, Harmony Energy CEO said: "Battery energy storage is essential in delivering a home-grown energy system that strengthens the UK's energy security and reduces our reliance on foreign imports, while supporting net zero goals. "The Kiveton project enables renewable energy to thrive, all at no cost to the taxpayer, and will support job creation and economic growth. "We'd like to thank everyone who took part in the public consultation and all stakeholders who shared their thoughts on the site." A date for the council to consider the application has not been set. Listen to highlights from South Yorkshire on BBC Sounds, catch up with the latest episode of Look North Battery storage site approved despite objections Public consultation over UK's biggest battery farm Battery plan fears over 'finest view in England' Harmony Energy UK Gov't Battery Storage Strategy
