Hive capital energy storage

What is Capital Hive?

Capital Hive is an Investment Management company formed from a group of dedicated individuals with an array of complementary and varied skill sets. Capital Hive carefully designs investment products that meet the stringent requirements expected by astute investors in today’s demanding markets.

Is Hive a good solar company?

Internationally, Hive remains a major solar player primarily across Europe. A core element of its strategy is developing projects for sale, which Hive has done successfully throughout 2023. This included a deal to sell four solar projects with a combined capacity of 267MW to German solar developer Juwia.

What is Project Hive?

“Project Hive is a smarter way to help Australia’s energy networks evolve. Our innovative hive concept allows us to rapidly and efficiently deploy coordinated and cost-effective energy storage solutions, which could play a major role in Australia’s renewable energy transition.”

How will hive and ethical power continue their partnership?

Hive and Ethical Power will continue their partnership through their joint venture development projects in the UK, including the Hive Ethical Project Development in which Hive remains a minority shareholder.

Why did PPS join Hive & ethical power in 2022?

This follows PPS, Hive and Ethical Power entering a co-development agreement in 2022. Ethical Power’s founder and CEO, Thomas Kneen, maintains a 50% share of the business. He commented that after the “very successful” partnership with Hive Energy, the group felt a new partner was needed to “reach the next stage of growth”.

How many battery energy storage systems are planned in New South Wales?

Clean Energy Transfer Fund (CETF) said detailed planning has commenced for the deployment of more than 20 battery energy storage systems in the New South Wales Hunter Valley region, with “hundreds more” of the 4.99 MW/20 MWh batteries planned for the state and other jurisdictions.