1. EDF Acquires UK’s Pivot Power to Bolster Battery Storage Pipeline

    EDF Acquires UK’s Pivot Power to Bolster Battery Storage Pipeline

    French utility EDF has acquired UK battery storage firm Pivot Power, cementing its mulit-gigawatt bid to become a market leader in Europe’s energy storage market. EDF confirmed the transaction this morning, with Pivot becoming a wholly owned subsidiary of EDF’s renewables arm. Pivot will immediately play a central role in EDF’s bid to deploy as much as 10GW of additional energy storage by 2035, bringing with it a 2GW+ pipeline of energy storage assets in the UK that are at various stages of planning.

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