RES wins planners’ blessing for 100MW Durham battery
Clean energy developer RES has secured planning permission to progress a 99.9MW battery close to an existing substation near Spennymoor, County Durham.
The mega-device is...
Plymouth in frame for Carlton Power’s third green H2 hub
The gas synthesising firm has secured planning permission for its third planned green hydrogen plant, a 10MW facility to be located in the Langage...
£327 million of new cash puts UK solar on track to double by 2030
The investment managers have raised the cash in the first phase of their NextPower UK ESG fund, a solar-specific infrastructure fund intended to double...
Octopus’ new investment partnership targets Britain’s biggest unbuilt grid battery
Building Britain’s biggest battery, capable of storing a day’s supply of renewable electricity for 235,000 Midlands homes, is on the to-do-list for Octopus Energy’s...
Investors Next Energy Solar Fund and Bluefield hike quarterly asset valuations
NextEnergy Solar Fund and Bluefield Solar Income Fund today separately signal to LSE followers quarterly rises in net asset value of 8.2% and 10%...
Bluefield scoops AR4 CfD contracts for 62.4MW of new solar
British renewable investors Bluefield Solar Income Fund have announced their receipt of Contracts for Difference (CfDs) covering 62.4MW of new planned capacity through the...
Sporty! Gridserve pit-stops to take on £200 million from M&G’s Infracapital
Solar-power-to-electric-wheels future-seekers Gridserve have secured an initial £200m equity stake from investment giant M&G’s infrastructure equity participant Infracapital.
For the five-year old e-charging and EV...
Good Energy leads £9 million fundraising for Zap-Map to expand overseas
Clean power supplier Good Energy has helped Britain’s leading EV charging firm complete a £9 million fund-raising round, opening its doors wider to international...
BP profits top £7 bn for Q2, highest for fourteen years
Bernard Looney’s “cash machine” lived up to the BP CEO’s notorious characterisation this morning, as the fossil fuel super major posted its highest quarterly...
Octopus seeks £1 billion government loan as sole bidder for Hayden Wood’s collapsed Bulb
Privately held Octopus Energy is reportedly seeking a £1 billion taxpayer-funded loan to hedge supplies, among its conditions for its proposed £100 m takeover...
Pope backs worldwide call for ban on new pumping of fossil fuels
Pope Francis has given his backing for a global ban on new exploration of oil and gas resources.
In the run up to CoP27 in...
Profits soar at Centrica & Shell
Energy supermajors Centrica and Shell pleased investors today but antagonised customers and politicians, reporting soaring profits. British Gas’s owner declared its first dividend for...
Octopus sucks in $550 million, stretches tentacles further
Existing investors are backing privately-held Octopus Energy Group by injecting a massive $550 million of new funds. Expansions both territorial – deeper into continental...
Kwarteng approves Sizewell C on energy security grounds
Energy secretary Kwasi Kwarteng has overruled fears over bird preservation and water management at Sizewell C, granting permission yesterday instead for the £20 billion...
Reams of REMA: D-BEIS moots “biggest changes in a generation” to electricity markets
Generators and electricity industry observers have welcomed sweeping changes in Britain’s electricity markets proposed by energy ministry D-BEIS.
Closeness to wind farms, nuclear or gas...
EQTEC gets Billingham ducks in a row, prepares clients to be billing ‘em
Multi-fuel energy innovators EQTEC have unveiled latest steps in bringing their Teesside mega-plant to fruition.
CEO David Palumbo’s enterprise last month announced a partnership intended...
Big Solar Co-op seeks £1.2 million to speed big roof projects, targets 100 MW...
Social funding network Sharenergy believes its new national portfolio approach will succeed in unlocking the 5GW solar potential of Britain's commercial and community roofs.
Under...
D-BEIS frees up £54m for Carbon Capture projects
Innovations to remove greenhouse gases such as CO2 from the air today won a new pot of D-BEIS grants.
Priming private investment by initially awarding...
Crown Estate bobs up likely licence zones for floating turbines in Celtic Sea
The independent body defining licencing zones for Britain’s coastal waters today uncorked plans to define operational patches of the Celtic Sea soon to see...
Harmony exercises firm hold on non-flyaway batteries
Another glimpse quantifying the investment boom in Britain’s grid-scale batteries came this morning, with debutant fund Harmony Energy Income Trust publishing its first performance...