Bulb’s collapse pushes energy crisis’ UK victims beyond 3.5 million
Today’s collapse of renewables-only energy supplier Bulb with 1.7 million customers – praised by prime minister Johnson as recently as July as “ leading...
Two DNOs pledge £10 Billion for RIIO-ED2 upgrades, as Ofgem fines Western Link duo...
Two distributed network operators (DNOs) including Britain’s biggest WPD today passed to Ofgem final plans totalling more than £ 10 billion for network upgrades...
Top Dogger! SSE and Equinor top out £9 billion moolah mountain of world’s No1...
‘Topping out’ is a term from building, celebrating the installation of a new structure’s highest, final element. Porting the phrase this morning into wind...
Octopus to Canada’s civil servants: ‘Ta for your $300 million. More coming, eh?’
Christmas arrived early today for Octopus Energy Group, as Britain’s fast-growing generator-retailer commanding nearly 6% of domestic power accounts welcomed a $300 million equity...
Nukes: French see Olkiluoto 3 feeding Finns’ grid ‘in January’; Rolls-Royce SMRs ‘fully funded’
The 12-year-delayed nuclear forerunner of Hinkley Point C is expected to be pumping power into its nation’s grid late next month, according to an...
World investment in renewables “to rise 25% in 2022”: SEB
Investment bank SEB sees one benefit of the global gas shortage as investors spending over $400 billion this year on power generation from clean...
“Mid-West” municipal developer targets 250MWp of solar by 2025
Swindon Borough Council’s renewables development arm has sealed a deal with private partners to expand its grid-scale PV and battery portfolio.
The municipally controlled Public...
Sizewell C: Kwarteng finds £100 million to lure investors
Prospects for Sizewell C, Britain’s second new nuclear mega-project, advanced today as energy secretary Kwasi Kwarteng confirmed £100 million of government cash to encourage...
“Good I – for amps -, son?” Bluefield pays £1.5 million for battery project...
The closed end fund today announced it has bought development rights, grid connection costs and leasehold rights for a 20MW storage project, due to...
Green Heat Networks Fund to offer £288 million for hot and cool pipes
Energy ministry D-BEIS today advertised its intention to seek bids from heat network operators, eager to extend low carbon heat and chills to homes...
Chancellor nixes VAT on home solar, heat pumps, turbines & energy efficiency, exempts commercial...
Rishi Sunak’s spring financial statement this lunchtime saw the Chancellor scrapping VAT on home solar, heat pumps and energy efficiency materials for five years,...
Gresham House stores up projects, packs unbuilt pipeline to 717 MW, eyes Anglo phone
Britain’s biggest investment fund for grid-scale batteries charged ahead in 2021, posting record figures today. Overseas markets beckon, its chairman signalled this morning.
Gresham House...
Bluefield pays £112.4 m for 93.2 MWp of wind & solar, gives investors till...
Fast-expanding UK-focused clean energy investor Bluefield Solar Income Fund has bought 15 solar farms and four wind farms, and today announced a rights issue...
Greencoat pays £400 million for eighth of Hornsea 1, world’s biggest offshore wind farm
The purchase from current half-owners Global Infrastructure Partners is expected to complete before this October.
It will leave ownership of the 1.2 GW Hornsea 1...
Octopus and UK Infrastructure Bank entwine, eager to splash cash
State-backed but operationally independent green investor, Leeds-based lender the UK Infrastructure Bank (UKIB) today laid the cornerstone for funds providing ‘second stage’ capital for...
Merseyside WTE plant for Eqtec and Anaergia
Hydrogen and biofuels firm Eqtec is partnering up to build a multi-input waste-to-energy plant at Southport’s Hybrid Energy Park, Merseyside.
The technology innovators announced this...
DNOs react to Ofgem’s RIIO-ED2 direction
Regional network monopolies are girding their loins for the last leg of negotiations with Britain’s power regulator, before it binds them in December to...
Johnson Matthey pump £80 million into Hertfordshire H2 fuel cell factory
Metallurgy and clean tech innovators Johnson Matthey are to build an £80 million plant in Hertfordshire, scaling up production of proton exchange membrane (PEM)...
Hydrogen in Airbus’s wings: planemaker backs low carbon flying, as Cotswold minnow ponders fuelling...
Hydrogen as commercial aviation's clean fuel of the future has gained altitude and higher credibility, following a big investment decision from European planemaker Airbus.
Toulouse’s...
Octopus & public pension fund partners buy 12.5% of world’s biggest windfarm
Renewables mega-investor Octopus Energy Group is teaming up to pay a combined £400 million for a one-eighth stake in Hornsea One, the world’s biggest...