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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...

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...

Octopus invests £200m in Deep Green data centre heat re-use technology

Octopus Energy’s generation arm today announces a £200 million investment in London-based tech disruptor Deep Green to help it rapidly scale its groundbreaking technology...

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 pledges £1.5 bn to Japan & Asia

Green power mega developer Octopus will invest £1.5 billion in Asia’s energy markets by 2027, helping speed the region’s transition to cleaner, smarter energy. The...

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...

British Patient Capital announces £8m investment into Tokamak Energy as part of $125m financing...

British Patient Capital today announces it has made an £8m investment into Tokamak Energy as part of a $125m financing round. The funding will...

Octopus now officially UK’s No 1 electricity supplier, deflates B Gas

Only eight years after starting up, Octopus Energy is now the UK's biggest power supplier, official figures just released reveal. Greg Jackson’s bouncy renewables-to-heat pumps...

Tag taps 3 banks for £70m to set 100MW battery humming near Drax

Global clean energy enterprise TagEnergy has secured a debt package to finance its next UK-based battery energy storage system (BESS) project under an innovative...

£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...

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...

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...

Ørsted signals final green light for Hornsea 3

Hornsea 3, at 2.9GW the world’s biggest projected wind farm, has won final construction approval from franchisee Ørsted, the developer’s directors confirmed yesterday in...

Handy! Worthing to bag its own heat network

The genteel West Sussex community of Worthing is set to benefit from its first ever heat network serving its population, currently at 111,000 people. Under...

National Grid’s £1.8 billion half year profits a “sham”, says union boss

Underlying profits of £1.8 billion announced today by National Grid for this year’s first half are a "sham", according to the head of Unite,...

Naked Energy raises £17m, in share float round led by E.ON & Barclays

British solar heat & power firm  Naked Energy announced today that it has secured £17 million of new equity to supercharge its global expansion...

Co-op a look, Donald! UK’s biggest community-owned wind farm half way to spinning citizen-controlled...

Four of eight permitted turbines have now been erected at a pioneering new wind farm in Kirkoswald, Ayrshire, on Scotland’s south west coast. Together rated...

88% of top global banks failing to protect themselves from climate-related disruptions, new ranking...

Most of the largest commercial banks in the world are lagging behind in implementing effective measures to climate-proof their operations and those of the...

Wasted wind costing £1bn a year? Green hydrogen can save it, urges Policy Exchange

Too slow deployment of grid upgrades and new storage technologies is costing Britain as much as £1billion a year in wasted renewable power, says...

Enfinium pledges up to £800 million for CCUS at Ferrybridge

Energy-from-waste generator Enfinium today promised new investment of up to £800 million in carbon capture (CCUS) technology, centred on one of its four UK...