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...
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...
Turkish turbine to spin extra hours into RheEnergise’s long-term storage trial
Innovators of long-term power storage RheEnergise have signed a turbine purchase contract to advance their demonstrator project near Plymouth.
From Turkish supplier Hydropower Engineering, RheEnergise...
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...
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...
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...