#London #United Kingdom #Energy Storage #Ariel Green #Pulse Clean Energy

Pulse Clean Energy Approaches New Heights with Funding Closure

On July 7, 2026, Pulse Clean Energy, a prominent player in the energy storage sector, achieved a significant milestone by securing funding for two essential battery energy storage projects located in the UK. This accomplishment has been made possible through the backing of Technology Performance Insurance (TPI) provided by Ariel Green, marking a pivotal progression in ensuring the sustainability and dependability of energy infrastructure.

The TPI solution offered by Ariel Green is groundbreaking, providing protection for up to thirteen years and aligning with a global trend favoring innovative risk management solutions tailored for clean energy infrastructure. The specific projects in question are at various construction phases in Plymouth and Dowlais, each designed to support the growing need for renewable energy resources in the UK.

This insurance approach is particularly noteworthy as it constitutes the first implementation of TPI policies for energy storage ventures within the UK market. Such tailored coverage enables not only the financing of these projects but also affords Pulse the operational flexibility necessary to manage their assets effectively over the long term. This innovative risk management strategy is expected to cultivate greater confidence among lenders, ensuring that funds can be allocated towards achieving successful project outcomes.

Aazzum Yassir, the Chief Technology and Operations Officer at Pulse, expressed enthusiasm regarding this venture, stating, "As our portfolio expands, devising smarter strategies for long-term risk management becomes crucial. Engaging with Technology Performance Insurance for our Plymouth and Dowlais projects signifies a notable advancement in our approach, equipping us to manage our assets efficiently while providing stakeholders with the assurance they require concerning project performance. Being the first energy storage developer to offer this insurance coverage within the UK market truly stands as a point of pride for us."

The collaboration underscores Ariel Green’s reputation as a reliable partner in risk management, particularly for developers and investors focused on energy storage solutions. Supported by the financial stability of Lloyd’s of London Chain of Security and leveraging extensive technical expertise, the company’s strategy incorporates bespoke risk coverage, fostering robust partnerships throughout the project lifecycle.

Fraser Blunt, Ariel Green’s Director for Europe, noted, "Developing clean energy projects necessitates a versatile approach to risk management due to the complex technical and commercial challenges involved. By providing investment-grade custom coverage, we offer critical support in risk management that helps projects secure funding and achieve successful operational outcomes. Our experience across a broad spectrum of renewable technologies signifies an increasing need for long-term performance protection as deployments of energy storage systems intensify across Europe."

These initiatives not only elevate Pulse’s operational capacity but also align seamlessly with Ariel Green’s mission to safeguard technologies that contribute positively to the environment. By backing the infrastructure that fortifies the resilience of the power network in England and Wales, the partnership paves the way for enhanced integration of renewable energy resources and aids long-term decarbonization efforts.

The successful closure of funding for these projects showcases the efficiency of a collaborative approach between Pulse Clean Energy, Ariel Green, Aon as the intermediary, and Eversheds Sutherland serving as the legal advisor. This teamwork exemplifies the importance of customized solutions to address the evolving needs of the energy storage sector.

Jamie Daggett, Head of Energy Storage at Ariel Green, commented positively on the collaboration, "Pulse Clean Energy stands at the forefront of the UK energy storage market and has embraced an innovative strategy for addressing technological and performance risks. Partnering with the Pulse team to create this insurance solution brings greater long-term flexibility. This transaction clearly illustrates how TPI can bolster the financial viability of projects by providing lasting performance protection. We’re eager to continue our collaboration with Pulse, driving broader adoption of flexible and tailored risk transfer solutions across the market."

As the global adoption of energy storage systems accelerates, the rise of Technology Performance Insurance is becoming increasingly prominent. The Plymouth and Dowlais projects serve as a vital turning point in this evolution, representing a prototype of how innovative insurance solutions can stimulate investment and effectively manage long-term technological risks.

About Ariel Green

Ariel Green specializes in providing Technology Performance Insurance (TPI) tailored to the clean energy sector, committing resources through customized, long-term, non-cancelable risk management solutions. Being a division of Ariel Re, a leading provider of (re)insurance and underwriting at Lloyd’s, the team benefits from strong support necessary to facilitate clean energy projects that require financing to develop and operationalize.

About Pulse Clean Energy

As a front-runner in the energy storage domain, Pulse Clean Energy focuses on developing innovative solutions to balance, optimize, and ensure the reliability of the energy grid. The company is dedicated to ethical and sustainable practices, aiming for a secure, clean, and cost-effective energy framework that enhances the quality of life for everyone involved.

About Aon

Aon plc (NYSE: AON) is committed to giving guidance that positively influences decisions, protecting and enriching lives globally. Armed with in-depth analytics, integrated global expertise on capital and human resources, and localized tailored solutions, Aon provides clarity and confidence to clients in over 120 countries, enabling them to make substantial informed decisions about risks and personnel that contributes to their business growth.

About Eversheds Sutherland

Operating as a global law firm, Eversheds Sutherland provides legal services across international clientele. By 2025, the firm will have assisted a significant number of Fortune 100 companies, showcasing its extensive operational capacities thriving in over 70 offices around the world. The firm maintains a network of over 200 partner firms to ensure global support for their clients.