Close Menu
  • Home
  • News
    • Solar
    • Wind Energy
    • Bioenergy
    • Geothermal
    • Grid
    • Hydrogen
    • Hydropower
    • Ocean Energy
    • Politics
  • Climate
  • Energy Storage
  • Finance
  • Opinions
  • Peoples
  • Smart Energy
  • Transportation
  • Study
  • —
  • Account
  • Log In
Facebook X (Twitter) Instagram
  • About Us
  • Advertising
  • Privacy Policy
  • Contact
Facebook X (Twitter) LinkedIn WhatsApp
Account Tuesday, October 7
Energymagz
SUBSCRIBE Login
  • Home
  • News
    • Solar
    • Wind Energy
    • Hydropower
    • Hydrogen
    • Geothermal
    • Bioenergy
    • Ocean Energy
  • Region
    • Europe
    • North America
    • Asia
    • Africa
    • Middle East
    • Australia & Oceania
    • Latin America
  • Politics
  • Finance
  • Energy Storage
  • Grid
  • Climate
  • Peoples
  • Study
Energymagz
  • Wind Energy
  • Solar
  • Bioenergy
  • Geothermal
  • Hydropower
  • Ocean Energy
  • Hydrogen
  • Transportation
  • Smart Energy
Home » Finance » Smart Metering Systems (SMS) Records 13% Growth in ILARR and Expands Grid-Scale Battery Portfolio in H1 2023
Energy Storage

Smart Metering Systems (SMS) Records 13% Growth in ILARR and Expands Grid-Scale Battery Portfolio in H1 2023

By Michelle AdkinsJuly 25, 20231 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Credit: SMS
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

In the first six months of 2023, Smart Metering Systems (SMS) demonstrated a robust 13% growth in its index-linked annualised recurring revenue (ILARR), reaching £110 million compared to £97 million in the second half of 2022. The company's grid-scale battery storage assets portfolio also witnessed substantial expansion, reaching 860MW in H1 2023, compared to 760MW

To continue reading this article, please subscribe:

Monthly Plan

Price: $30 / month

Features:

  • Full access to all renewable energy news and analysis
  • Exclusive expert interviews and industry reports
  • Daily newsletter with latest updates
  • Access to multimedia content (videos, podcasts)
  • Commenting and community engagement

Sign Up

Annual Plan

Price: $300 / year (Save 17%)

Features:

  • Everything in the Monthly Plan
  • 2 months free compared to monthly subscription
  • Priority access to special reports and webinars
  • Early access to newsletters and featured articles
  • Exclusive members-only content and events

Sign Up

Already a subscriber? Log in here:

 
 
Forgot Password
Battery Smart Metering Systems SMS
Follow on Flipboard Follow on X (Twitter) Follow on LinkedIn
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleRES and Octopus Energy’s Joint Venture Submits Green Hydrogen Project Planning Application in Wales
Next Article Equinor and Partners Launch Largest Offshore Wind Farm to Supply Green Energy to Norwegian Oil Platforms

Related Posts

DIF Capital Partners Invests £200m in London-Based Grid Battery Developer, Field

July 25, 2023 Energy Storage

Cero Generation and Enso Energy Successfully Secure Funding for 50MW Battery Project in Gloucestershire, England

May 30, 2023 Energy Storage

Northland Power Secures Financing for 250MW Energy Storage Project in Ontario, Canada

May 18, 2023 Energy Storage

Innergex Renewable Energy Secures $49.5 Million Financing for San Andrés Battery Energy Storage Project in Chile

April 25, 2023 Energy Storage

CATL Unveils Ultra-High Energy Density “Condensed Matter” Battery for Aviation and Electric Vehicles

April 23, 2023 Energy Storage

Origin Energy selects Wärtsilä to deliver 460MW energy storage project at Eraring Power Station

April 21, 2023 Energy Storage
Latest Post

UK Delays Permit Decision for 1.5GW Outer Dowsing Offshore Wind Project

October 7, 2025

Brookfield Closes $20 Billion Clean Energy Fund, Sets Record for Private Transition Investment

October 7, 2025

OX2 Transfers 145MW Niinimäki Wind Farm to Finnish Owners

October 7, 2025

Global Renewable Power Capacity to More Than Double by 2030, Led by Solar PV

October 7, 2025

G-Tec Launches Seabed Survey for Elwind Offshore Wind Project in Baltic Sea

October 7, 2025
Facebook X (Twitter) LinkedIn WhatsApp

News

  • Wind Energy
  • Solar Energy
  • Hydropower
  • Hydrogen
  • Geothermal
  • Bioenergy
  • Ocean Energy

Region

  • Europe
  • North America
  • Asia
  • Africa
  • Middle East
  • Australia and Oceania
  • Latin America

Friends

  • EVMagz
  • Pivle
  • SpaceMagz
  • Teknowire
  • Smashresume
  • Smashfreakz

EnergyMagz

  • About Us
  • Advertising
  • Privacy Policy
  • Cookie Policy
  • Contact

Subscribe to Updates

Subscribe for the latest in renewable energy from Energymagz.

© 2025 EnergyMagz. Designed by EnergyMagz.

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?