Plans for battery energy storage site proposed
Anglo Renewables has applied to Dartford Borough Council for planning permission for the energy storage facility in Greenhithe.
Documents submitted to the authority on 29 April said the renewables firm wants to build a battery energy storage system (BESS) off Bean Lane in Greenhithe.
It is not yet known when the planning committee will decide on the bid although a target deadline of 29 July has been set, while the public can comment on the plans until 30 May, reports the Local Democracy Reporting Service.
"The site comprises a 3.7 hectare [9 acre] parcel of land that is currently in agricultural use," the company wrote.
It insists that as the proposal is "fully reversible", any land would not be "permanently or irreversibly lost," and only about half the farmland will be built on.
BESS systems are intended to store energy, largely from renewable sources, so that it can be deployed into the grid when there is demand to avoid wasting energy.
"The 104 megawatts of storage of the site can meet the average electricity needs of 215,000 homes for two hours," planning documents said
The batteries themselves will be stored in metal containers "similar in appearance to a ubiquitous profiled steel shipping container."
The site is set to have 24/7 CCTV coverage and fences all around.
Anglo Renewables also say there will be a "biodiversity net gain" as part of their plans through a "broadleaved planting area" forming "an extension to Darenth Wood".
They also propose that the development will only be temporary, and after 40 years the facility will be decommissioned and removed, and the land returned to agricultural use.
Follow BBC Kent on Facebook, on X, and on Instagram. Send your story ideas to southeasttoday@bbc.co.uk or WhatsApp us on 08081 002250.
If the UK has more renewable energy, why aren't bills coming down?
Public inquiry into huge solar farm to begin
University unveils £11m decarbonisation project
Government approval for large solar farm
Recycling firm bids to become first new tenant at Grangemouth site
Beach electricity cable plans approved
Anglo Renewables
Dartford Borough Council
Local Democracy Reporting Service
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CNN
28 minutes ago
- CNN
Have you already started holiday shopping?
Retail consumerFacebookTweetLink Follow Even if it's sweltering hot outside, winter holiday gifts may be on your mind as you shop online and in stores. Perhaps you've already started making gift purchases, whereas in past years you would've waited until November to do so. Whatever the reason — be it tariffs, anxiety about the economy or your financial situation in months to come, or just a general urge to get your gifts squared away before the holiday rush — we want to hear from you for possible inclusion in an article. To share your story, please fill out the form below. We will not include anything in an upcoming article without first reaching out to you and interviewing you.
Business Wire
2 hours ago
- Business Wire
Securities Fraud Investigation Into PubMatic, Inc. (PUBM) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
LOS ANGELES--(BUSINESS WIRE)-- Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of PubMatic, Inc. ('PubMatic' or the 'Company') (NASDAQ: PUBM) investors concerning the Company's possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON PUBMATIC, INC. (PUBM), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On August 11, 2025, after market hours, PubMatic released its second quarter 2025 financial report and disclosed that 'beginning in July, [it had seen] a headwind emerge from a top DSP buyer, which recently shifted a significant number of clients to a new platform that evaluates inventory differently' and that it expected revenue to decline significantly in the third quarter due to "a reduction in ad spend from one of [its] top DSP partners." On this news, PubMatic's stock price fell $2.23, or 21.1%, to close at $8.34 per share on August 12, 2025, thereby injuring investors. Contact Us To Participate or Learn More: If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us. Charles Linehan, Esq., Glancy Prongay & Murray LLP, 1925 Century Park East, Suite 2100, Los Angeles California 90067 Email: shareholders@ Telephone: 310-201-9150 (Toll-Free: 888-773-9224) Visit our website at Follow us for updates on LinkedIn, Twitter, or Facebook. Whistleblower Notice Persons with non-public information regarding PubMatic should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email shareholders@ About Glancy Prongay & Murray LLP Glancy Prongay & Murray LLP ('GPM') is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation. GPM has been consistently ranked in the Top 50 Securities Class Action Settlements by ISS Securities Class Action Services. In 2018, GPM was ranked a top five law firm in number of securities class action settlements, and a top six law firm for total dollar size of settlements. With four offices across the country, GPM's nearly 40 attorneys have won groundbreaking rulings and recovered billions of dollars for investors and consumers in securities, antitrust, consumer, and employment class actions. GPM's lawyers have handled cases covering a wide spectrum of corporate misconduct and relating to nearly all industries and sectors. GPM's past successes have been widely covered by leading news and industry publications such as The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron's, Investor's Business Daily, Forbes, and Money. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Yahoo
2 hours ago
- Yahoo
Trending tickers: Meta, CoreWeave, Cava, TUI, Persimmon and Nordic Semiconductor
Meta Platforms (META) Facebook parent Meta (META) rose more than 3% on Tuesday to close at a fresh high of $790 per share as the company doubles down on AI efforts. Meta shares jumped following the release of its second-quarter results at the end of July, as the company beat expectations. Read more: FTSE 100 LIVE: Stocks rise as traders await Trump-Putin summit In the results, the company said it expected capital expenditures for 2025 to be between $66bn (£48.7bn) to $72bn, raising the lowered end of its previously guided range of $64bn to $72bn. Meta said it expected another year of similarly significant capex dollar growth in 2026, as it continues "aggressively pursuing opportunities to bring additional capacity online to meet the needs of our artificial intelligence efforts and business operations". In addition, head of Instagram Adam Mosseri said on Tuesday that its Threads platform had recently reached more than 400 million monthly active users. CoreWeave (CRWV) Shares in AI data centre operator CoreWeave (CRWV) slid more than 10% in pre-market trading on Wednesday, after the Nvidia-backed (NVDA) company posted a bigger-than-expected loss in the second quarter. CoreWeave posted a net loss of $290.5m for the second quarter, which was more than the average estimate $190.6m expected by analysts, according to LSEG-compiled data reported by Reuters. In addition, operating expenses of $1.19bn also jumped from $395.3m a year ago. Read more: Gold edges up as investors await US-Russia meeting Second-quarter revenue came in at $1.21bn, topping estimates of $1.08bn. Michael Intrator, CEO of CoreWeave, said: "We are scaling rapidly as we look to meet the unprecedented demand for AI. Our purpose-built AI cloud platform continues to set new benchmarks for performance and scalability including becoming the first company to offer the complete Blackwell GPU portfolio at scale, making CoreWeave the platform of choice for the world's most advanced AI workloads and AI pioneers." Cava Group (CAVA) Shares in Cava (CAVA) dropped nearly 23% in pre-market trading on Wednesday, after the restaurant chain issued its first annual sales growth target cut since listing in New York two years ago. In its second-quarter results, released on Tuesday, Cava said it expected to deliver same restaurant sales growth of 4% to 6% in 2025, compared to a previously guided range of 6% to 8%. However, the company maintained it guidance for adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of $152m to $159m. Stocks: Create your watchlist and portfolio For the second quarter, Cava delivered revenue of $278.2m, which was up 20.3% on the same period last year. Adjusted EBITDA rose to $42.1m, up from $34.3m for the prior year quarter. Brett Schulman, CEO of Cava, said: "We recently opened our 400th restaurant, marking a meaningful milestone on our path to 1,000 restaurants by 2032, reinforcing the proven portability and underlying strength fuelling our continued growth." TUI ( Holiday group TUI ( reported better-than-expected third quarter results on Wednesday. Group revenue for the third quarter came in at €6.2bn (£5.35bn), which was up 7% from a year ago. Underlying EBIT of €321m was up 38% compared to the previous year. On Tuesday, TUI announced that it was raising its 2025 EBIT growth guidance to a range of 9% to 11%, versus previous expectations of 7% to 10%. Read more: Stocks that are trending today Shares popped after the company lifted its guidance on Tuesday but hovered just below the flatline on Wednesday morning. Victoria Scholar, head of investment at Interactive Investor, said: "It looks like the summer performance so far has held up much better than anticipated. Last quarter Tui warned about a potential drop in summer bookings amid the macro uncertainty and European heatwaves. However this week, that sense of nervousness has reversed course with a guidance uplift for the full-year and a top and bottom line beat." Persimmon (PSN.L) Housebuilder Persimmon (PSN.L) was the second-biggest faller on the FTSE 100 (^FTSE) on Wednesday morning, with shares falling 3%, on the back of its half-year results. Profit before tax of £146.7m was little changed from the same period last year, while underlying pre-tax profit rose 11% £164.9m and group revenue increased 14% to £1.5bn. Russ Mould, investment director at AJ Bell (AJB.L), said: "Results from Persimmon suggest the UK housebuilding sector is not a total lemon, and at their current low ebb, these stocks might pique the interest of contrarian, value investors. Read more: London Stock Exchange open to dual listing of Indian companies, says LSEG boss "Completions were up at Persimmon, likewise average selling prices, which were 8% up on last year. Not too bad in what is perceived to be a stagnant housing market. All of that has fed through into an 11% rise in underlying operating pre-tax profit." 'However under the bonnet things don't look quite so rosy, thanks to some rather chunky exceptional items which mean earnings per share is actually down by 10%," he added. "Seven housebuilders have agreed to pay £100m into affordable housing programmes following a CMA investigation into price collusion, and Persimmon's contribution adds up to a £15.2m hit to its income statement." Nordic Semiconductor ( Shares in Nordic Semiconductor ( surged nearly 16% on Wednesday morning, hitting a two-year high after the company's second quarter results beat expectations. The Norwegian chipmaker posted revenue of $164m for the quarter, up from $128m a year ago and ahead of average forecasts of $158.9m, according to LSEG data reported by Reuters. Second quarter EBITDA of $21m also topped estimates of $15.8m. Read more: Over 3.6 million UK investors to pay dividend tax The company's revenue guidance for the third quarter of $165m to $185m also came in ahead of market expectations. In its quarterly report, the company said: "The ongoing trade tensions are not considered to have had any major effect on revenue, neither positive nor negative, although the company recognises that this remains a risk factor going forward. "Nordic navigates this environment by continuing its efforts to strengthen supply chain resilience and maintaining close customer collaborations to support customer needs." Read more: Bank of England cuts gilt holdings by £32.5bn in second quarter The most popular stocks and funds investors bought in July UK job market continues to weaken as vacancies fallError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
