Scottish National Investment Bank launched

The Scottish National Investment Bank has officially opened for business with the completion of its first major investment. It is being capitalised by the Scottish...

Centrica Business Solutions set to optimise 10MW Eelpower battery

Eelpower has started a seven-year contract with Centrica Business Solutions for the optimisation of its battery storage plant at Leverton near Lincoln, UK. The 10MW...

New finance and servicing package for Volkswagen EV customers

Volkswagen Financial Services (VWFS) has created a new EV finance and servicing package designed to make medium to high-end priced electric cars available to...

UK’s first low carbon hydrogen production hub

Essar and Progressive Energy have joined forces to set up a venture to produce low carbon 'blue' hydrogen at Essar’s Stanlow Refinery in Ellesmere...

Alfen to supply 10MW battery storage solutions to Centrica Business Solutions

Alfen has been selected by Centrica Business Solutions as a preferred partner for the supply of sub 10MW battery energy storage solutions. This three-year...

EV charging ‘hyper hubs’ for York

City of York Council is investing £2.2m in two EV charging 'hyper hubs', both due to open in June this year. The council is working...

Total and SSE strike deal to build Scotland’s biggest offshore wind farm

Scotland’s biggest offshore wind farm is to go ahead, backed by French oil leviathan Total. SSE Renewables yesterday reached financial close on the 1GW Seagreen...

Gore Street acquires 50MW Ferrymuir battery project, eyes more in Scotland

Gore Street energy storage fund is to acquire another 50MW battery storage project following a fresh injection of funds. The Ferrymuir project in Fife, Scotland,...

Government urged to unlock 18GW of ‘shovel ready’ batteries, solar and wind

Analysis by Regen shows there are 18GW of ‘shovel ready’ battery storage, solar and wind projects that could be quickly kickstarted if government genuinely...

Summer balancing costs £718m and counting, Ofgem mulls what to do

The UK has incurred record power system balancing costs this summer as a result of Covid lockdowns and subsequent demand destruction. Ofgem is now preparing...

AMP to build 175MW of gas engines after signing 15-year Statkraft deal

Statkraft has signed a 15-year deal to optimise 175MW of flexible gas engines for AMP Clean Energy. The arrangement will enable AMP to finance the...

Are corporate PPAs the key to unlocking green energy?

Alongside battery storage that helps tackle the intermittency of solar and wind power generation, and more sophisticated networks that can deal with different levels...

Equinor sets ambition to reach net-zero emissions by 2050

Equinor today announces its ambition to become a net-zero energy company by 2050. The ambition includes emissions from production and final consumption of energy....

Retail to hit net zero by 2040

Sixty-three leading retailers have come together to support the BRC Climate Action Roadmap which aims to bring the retail industry and its supply chains to...

EI Awards 2020 recognise energy sector’s ‘indispensable contribution’

The annual ceremony of the hotly-contested EI Awards 2020 took place today, with the most innovative people and projects across the global energy sector...

Volta to supply Petit Forestier with 1000 electric refrigerated trucks

Volta is to supply Petit Forestier Group with 1,000 fully electric refrigerated Zero trucks, the biggest order in the vehicle manufacturer’s history. The 16-tonne models...

COP26 is the platform for the arrival of Scotland’s first hydrogen-powered train

Scotland is to have a production-ready and safety certified hydrogen powered train by November, 2021, in time for COP26 in Glasgow. Scottish Enterprise, Transport Scotland...

Electricity tariff that gets cheaper when it’s windy

Octopus Energy has acquired its first two own-brand wind turbines, the move is accompanied by the launch of the world's first local time-of-use wind...

Parking bookings for EVs on the rise, new data shows

A company that specialises in taking UK car parking bookings says it has seen a rapid rise in the number of EVs using its...

UK Government energy targets require £48.3 billion investment in national housing stock by 2030

To meet its target of net zero greenhouse gas emissions by 2050, the Government needs to have largely eliminated energy inefficiencies from housing stock...