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Finance and investment

National Grid pledges £2.7m of solar PV to ‘challenged’ schools: two save £3.5k in...

Schools wanting radically to axe bills & carbon emissions by installing solar PV panels are to receive new funding from National Grid’s regional DNO...

Bring Energy ring heat net changes, warm to expansion of cities’ low carbon pipes

Britain’s biggest chain of city heat networks, until December the property of Equans, the Bouygues-linked operator, has re-launched this week under the brand Bring...

Weather makers: offshore promoters eye fair winds for supply chain

Wind energy representatives & the government agencies who licence turbines moored in or floating above Britain’s briny have unveiled details of how to triple...

Stanlow oil refiner names boss to build hydrogen-ready CHP unit

The low carbon gas division of fossil fuel refiner Essar Energy Transition has appointed Rob Wallace to oversee construction of the hydrogen-ready combined heat...

Hadrian’s wally: B6 boundary implicated in <£1 Bn curtailment waste, says battery firm

Faster deployment of grid-scale proven battery technology could spare Britain’s power consumers over £730 million in curtailment fees wasted annually in temporarily disconnecting Scotland’s...

Ofgem sets out 5 year masterplan to green & decarb UK power

Power markets regulator Ofgem today publishes its latest five-year strategy for Britain’s  electricity system.  ‘Protect, Build, Change, Deliver’ are its watchwords for speeding delivery...

Greenpower Park unveils £2.5bn ambition for clean energy jobs in Coventry

Plans to place Britain at the centre of the accelerating green industrial revolution took a step forward today with the launch of Greenpower Park...

‘Green certainty, not flip flops’, SMEs beg politicians

Small businesses are crying out for the clarity & consistency they need in green policies if they are to grow, a new report has...

ESO’s £58 Billion price tag to add 86GW to Grid

Britain’s backbone network operator has published its expansion blueprint, designed to extend by 86GW the nation's transmission capacity in the run up to 2035. The...

Elexon poised to direct suppliers’ cash towards new nukes

A change in rules for financing new nuclear capacity leaves trading platform Elexon preparing to play a key role in supporting expansion of the...

Energy-to-waste giant wins D-ESNZ’s green light to progress CCS at Ferrybridge

Energy-from-waste operator Enfinium is moving ahead with plans to install carbon capture and storage (CCS) technology at its giant base in Yorkshire, following designation...

Community energy groups have until Tuesday to share £20 million

The Energy Savings Trust has opened its latest Energy Redress grants up for applications to charities & groups fighting fuel poverty. Across four funding...

British Gas profits surge tenfold, Centrica reveals

Shareholders at Centrica, owners of British Gas, will benefit by £144 million in dividends, as the UK-focused subsidiary today revealed profits soaring to £751...

Storage investment: TRIG pick Fig Power for £20 million, as LCIF drop in for...

Investment firm the Renewables Infrastructure Group (TRIG) has committed to buy Bristol-based battery projects developer Fig Power for a total of £20 million. The acquiree...

Labour ‘to drop £28 billion green spending pledge’

Clean energy leaders & Labour politicians have reacted with dismay tinged with resignation at reports that the party if re-elected later this year will...

£400 million CCUS cement plant progresses in Wales

Building aggregates supplier Heidelberg Materials UK is pressing ahead with plans to spend £400 million, converting Britain’s first cement plant to run on carbon...

Gas over-reliance & connection delays force Gresham House to drop dividend, buy back shares

Gresham House Energy Storage Fund, Britain’s biggest investor in utility-sized batteries, is dropping its last quarter dividend for 2023, as it fights sluggish growth...

Morrisons & MFG prep £2.5 billion EV charging deal

Supermarket firm Morrisons has signed an understanding with Motor Fuel Group (MFG), framing Morrisons' sale of 337 petrol forecourts plus more than 400 associated sites...

EVs are single biggest green investment sector, Bloomberg finds, as world lags on Net...

Investments in the world’s switch to a low carbon economy surged 17% in 2023 to a record $1.77 trillion, but still run at around...

Councils hail Britain’s biggest solar deal, as Schroders swoops for failed Toucan’s £700m portfolio

Bankrupt Thurrock Council has sold its solar investments for £700 million, offloading the 513.5 MWp portfolio of collapsed developer Toucan Energy. In a transaction billed...