Gold rush! Gore Street buys Big in California, finds amp-sheltering Rock
London-quoted investors Gore Street Energy Storage Fund are buying big into America’s grid-scale storage market, acquiring a 200 MW project to be located in...
Zenobē reaches financial close on Phase 1 of world’s first 300 MW battery hooked...
Ground is being broken at Blackhillock, between Aberdeen & Inverness, to deliver the first 200MW of a planned 300MW storage project. Zenobē say it’s...
Shell sued over dragging feet, sticking with fossil fuels
In what they claim is a first in British law, activist environmental lawyers Client Earth announced today they are suing oil leviathan Shell, accusing...
BP leapfrogs Shell’s profits, spurs renewed calls for heavier windfall tax
BP today outdid Shell by declaring a sanctions-boosted doubling of profits for 2022, up to £23 billion.
The figure is a new record for the...
Shell’s record £32 billion earnings spark fury
Fossil fuel supermajor Shell posted record profits today of £32.2 billion, provoking fierce criticism from politicians and green campaigners, and renewing calls for the...
“This could be the last energy crisis”; Octopus’ Jackson
The past two years’ turmoil in world power and gas supply could yet make it ‘the last energy crisis’, Octopus Energy founder Greg Jackson...
Czechs write cheque to buy InterGen
Independent power producing major InterGen has been sold by its parent company to Czech investors Creditas Group for an undisclosed sum.
With over 25 years’...
Challenger: REA parks tank on Hunt’s lawn, awaits Spring Statement
Britain’s largest trade body for green energy has set out its stall, outlining its expectations of chancellor Jeremy Hunt’s Spring Statement, due in six...
Faraday Challenge hands out £27.6 million to battery innovators
Projects exploring battery recycling, digital twins, new battery materials, and new manufacturing techniques have received funding from the government’s Faraday Battery Challenge.
From digital twins...
Scots hill to roar with power, as Tag tags Santander for big battery
Power storage provider TagEnergy has secured funding for its fourth amp-amungous crèche-for-coulombs in the UK, the 49.9MW/100MWh Roaring Hill development in Fife.
Santander UK are...
Will EV drivers credit it? Subscription service Onto lines up £100 million from backers
Electric car subscription service Onto has secured new credit funding of £100 million from global investors, spurring expansion of its “ don’t lease; subscribe”...
“Gneiss to see you!”: power storers Gravitricity ask financiers to drop in
The Edinburgh-based weight droppers kicked off this year by unveiling their FlexiStore hydrogen storage technology as a new product alongside their existing gravity-based technologies.
The...
Scots on top: renewable output up 55% in September quarter, capacity up 11% in...
Scotland’s output of renewable electricity rose 55.3% year on year for the three months to September 2022, on the back of an annual 11.4%...
Government finds £102 million at Christmas to prime new nuclear & hydrogen
The Sunak administration today presented early gifts to investors in nuclear power and advanced hydrogen, finding parcels of £77 million and £25 million respectively...
New green jobs surging at four times standard vacancy creation, say PwC
Global accountants PwC calculate that Britain’s creation of green jobs is running at four times the creation rate for other vacancies.
The consultancy firm’s “Green...
Government backs clean avgas firm Velocys with £29.5 million
Sustainable aviation fuel innovator Velocys today saw its share price surge 19%, as it celebrated securing two government grants totalling nearly £30 million in...
Octopus buys rooftop solar firm Zestec
Ever-expanding integrated clean power supplier Octopus Energy Generation has completed the purchase of on-roof solar developers & managers Zestec.
With a pipeline of over 100...
Swipe left: Sunak ‘may reverse’ England’s onshore wind ban, as Octopus’s app romances 2.3GW
Winder, retailer Octopus’s social app seeking new homes for onshore turbines, reckons it has discovered willing host communities offering new generating sites equivalent in...
Bring us 1 GW of European batteries, sing duetting RPC and Eelpower
A Europe-facing investment fund already a quarter of the way to its target of 1GW of grid-scale power storage made its market debut today.
RPC’s...
May sounds British firms’ “mayday” for 1.5 degree cap on planet heating this century
Former prime minister Theresa May today led calls from British businesses to keep the 1.5 degree Paris climate target alive, as the UN climate...