Drax preps US-based BECCS division to speed global carbon removal
Biomass energy leviathan Drax is targeting global leadership in carbon removal, as it sets up an independent unit to drive development of its new-build...
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...
Britain heads Europe’s offshore turbine boom, says trade group
2023 was the best year on record for new marine wind power across Europe, trade body WindEurope reports. A total of 4.2GW of offshore...
Enviromena secures £200 million debt, swells 500MW pipeline
Berkshire-based renewable power developer Enviromena has agreed a £200m debt and construction facility with funders Close Brothers to fund its ambitions of building 500MWs...
Deutsche welly: Soaring solar & wind boot German renewables past 50% for first time
Germany’s record 14.4 GW of new solar PV capacity installed in 2023 alone helped surging wind to push renewables’ share above 50% for the...
NG fires up Viking cable to Denmark, world’s longest at 475 miles
National Grid has turned on its £1.7 billion Viking subsea power link to Denmark, claiming the 475 miles of the 1.4GW project makes it...
Reliance on China for battery metals ‘leaves UK vulnerable’, MPs declare
Britain’s supply chains importing key minerals including for batteries and low carbon energy render the UK exposed to blackmail and pressure by autocracies, particularly...
Octopus boosts global expansion as shareholders come clean with £625 million
Existing backers of privately held Octopus Energy, now ranked as Britain’s biggest supplier of home energy, have today pledged £625 million - $800 million...
Piclo flexes to the Max, plans global trades for 2024
Trading platform provider Piclo is readying for launch a product that will enable its clients to trade flexibility capacity on global markets.
Starting in the...
Octopus’ ‘heavenly wind’ to fan £3 Billion into Europe’s offshore turbines
The generation arm of internationally expanding Octopus Energy today announced its first ever dedicated investment drive focused on offshore wind, primed with capital from...
Holyrood bets £9m on Morocco power line, primes 900 Hunterston jobs
Scotland’s part was confirmed today in high private sector ambitions to pump low carbon Moroccan wind- and solar-derived electricity to Britain under thousands of...
Britain & Germany ink accord on renewables & de-carbing buildings
Energy leaders of Europe’s two biggest economies have pledged to share knowledge on expanding renewable power and pushing harder to strip carbon from factories...
Renewables firms turn up heat in Ohio and in Lithuania
Two UK-based innovators in the renewable energy space are stretching their wings, both westwards and eastwards.
Oxford-headquartered Velocys, convertors of end-of-life plastics into sustainable aviation...
Konnichiwa, Kraken ! ‘Ows tha doin‘, Coventry?
Staff at fast-growing Octopus Energy were today celebrating two business successes, saluting separately the mystical Orient and the somewhat less mystical West Midlands of...
Aquind directors’ past re-emerges, as Portmouth deal confirmed
Campaigners fear a deal made this week by Portsmouth City Council is reviving plans from a development firm linked to a prominent Conservative donor...
Sunak’s failure to shadow US IRA “could cost UK £224 billion by 2050”: Aldersgate
The Sunak government's inadequate commitments to strip heavy carbon pollution out of UK industry along the lines of President Joe Biden’s Inflation Reduction Act...
Shelling out, Kraken’ on: Octopus buys Shell Energy UK & Germany
Octopus Energy Group today won a bidding contest to buy Shell Energy in the UK and Germany, taking on two million new home energy...
Britain backs nuclear fuel supply for Ukraine, as Shapps visits Kyiv
Energy security secretary Grant Shapps met officials in Kyiv yesterday, in a show of support for Ukraine's power industry.
Shapps confirmed to energy bosses British...
Britain “risks lagging rivals for inward renewables investment”: EnergyUK report
The Sunak government’s mixed messaging around energy policy risks Britain being surpassed this decade as a destination for renewables investment, a report published by...
Solar energy innovators Naked buff up with Baltic partners
British solar engineering innovators Naked Energy have signed their latest European distribution deal with Axioma Service, Lithuania‘s leading provider of comprehensive engineering services.
Linking generation of electricity...