Downing buys 5 Swedish hydro dams
London-quoted investment trust Downing Renewables Infrastructure DORE has paid £6 million to complete the purchase of five hydropower plants in Sweden.
The dams, including one...
Statkraft buys Inverness’ 450MW pumped hydro battery
Norwegian power giants Statkraft, Europe’s largest renewable power generator, have agreed to buy the Red John Pumped Storage hydro project from Intelligent Land Investments...
Six Highlands hydro dams sold for £26.6 million
A total of 4.1 MW of hydro capacity across six Highland dams at least five years into their working lives changed ownership today, guaranteeing...
ENW awards community funds to North West volunteer groups
Volunteers in community energy co-ops in the North West are sharing more than £80,000 to support the region’s needs in energy use and transition.
Grid...
Harmony and Downing trumpet clean power buys
Two London-quoted investment funds were today separately celebrating new power assets joining their portfolios.
Harmony Energy Income Trust, which invests in UK battery energy storage,...
SSE fined £9.78 m for overcharging Grid during transmission constraint
Ofgem has imposed a £9.78 m fine on electricity generator SSE for overcharging National Grid ESO during periods of transmission constraint two years ago.
The...
Gas losing its puff? Business on-site renewables “can displace imports by 2035”, nPower believes
British firms' on-site, on-roof or on-campus generation of clean power could supplant imported gas as early as 2035, corporate supplier nPower Business Solutions calculates.
Solar...
Going down smaller hills; pair pump market for long-duration storage
Known as High-Density Hydro®, the innovation could offer 100MW in commercial operation this decade, the pair believe, through use of Mercia PR’s existing grid...