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10 Aug 2025

Pulse Clean Energy Secures $292M for Six UK Battery Storage Systems

10 Aug 2025  by power-technology   
Pulse Clean Energy, a UK-based startup, has secured £220 million ($292.3 million) in financing from a consortium of international banks, including ABN AMRO, CIBC, Nord/LB, Investec, NatWest, and Santander, to develop six new battery storage systems (BSS) across the United Kingdom. Announced on August 6, 2025, the funding will support the creation of over 700 megawatt hours of storage capacity, contributing to reduced gas consumption and emissions, potentially saving UK consumers over £200 million.


The six planned facilities will provide more than 700MWh of capacity collectively.

While specific locations for the new facilities remain undisclosed, potential sites include Scotland, Devon, Greater Manchester, and Wales. These strategically positioned systems will enhance the UK’s efforts to decarbonize its electricity sector by 2030 and expand renewable energy infrastructure. The UK government aims to double its annual investment in clean energy to over £30 billion by 2035, aligning with these initiatives.

Nicola Johnson, chief financial officer of Pulse Clean Energy, stated: “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.”

Founded in 2022, Pulse Clean Energy targets over 2 gigawatt hours of operational battery storage capacity within the next five years. In March 2025, the company commissioned a 42MW/100MWh battery storage system in Hyde, Manchester, funded through a £175 million credit facility involving Santander, CIBC, Investec, and the National Wealth Fund, alongside equity from the Investment Management Corporation of Ontario.

The new battery storage systems will bolster grid reliability, enabling greater integration of renewable energy sources and reducing reliance on costly backup power during peak demand. This initiative supports the UK’s broader clean energy goals while delivering economic benefits through cost savings and enhanced energy security.

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