Tata induced to build UK’s biggest EV battery factory in Somerset

Ministers were celebrating this morning the decision of a consortium led by Indian conglomerate Tata to invest over £4 billion into a factory making...

Ukraine trio spur Scottish Power towards Net Zero

Scottish Power’s call for 1,000 new recruits to speed up the UK's journey to Net Zero has been answered by a trio of skilled...

Octopus pledges £1.5 bn to Japan & Asia

Green power mega developer Octopus will invest £1.5 billion in Asia’s energy markets by 2027, helping speed the region’s transition to cleaner, smarter energy. The...

Play nice with Brussels to slash British wholesale costs, Energy UK urges

Better co-operation between Britain and the EU on energy trading & carbon pricing could cut wholesale energy costs by hundreds of millions of pounds...

Shell earns £7.6 billion in 2023’s first quarter

Oil & gas supermajor Shell exceeded market hopes, posting record profits of £7.6 billion for the first three months of the year, it told...

Xlinks secures £30 million more, preps for next stage of Africa-Devon pipeline

British renewables mega-engineers XLinks have taken on £ 30 million of new equity, secured to fund the next phase in building their 3,800 kilometre...

France and Norway feed UK’s return to net electricity imports

2023’s opening quarter saw an end to the UK’s previous nine months as a net exporter of power, energy data analysts EnAppSys have revealed. The...

Brexit bonus? Octopus invests in solar potential of Land of the Rising Sun

Japan was confirmed this morning as British clean electricity generator Octopus Energy’s foothold into more Asian expansion. Greg Jackson’s privately held behemoth-in-the-making announced today its...

High power prices slow firms’ investment & recruitment, 2,300 tell ABB

Sustained high energy prices are deterring spending by large and small companies on recruitment, training and investment in productivity upgrades, research commissioned by multinationational...

Octopus deepens presence in France

Britain’s third-largest energy supplier Octopus Energy is to invest Euro 1 billion in France’s green energy market over the next two years. The investment will...

Recyclable blades in RWE’s “world’s first” installation off England’s North East

Turbine blades capable of being broken down into their component chemistries are targeted for a world’s first deployment in Britain’s coastal waters. Mega-utility RWE has...

Ofgem needs legal mandate to drive Net Zero, ENA & Green Alliance tell Shapps

Britain’s energy regulator needs an explicit mandate from lawmakers so it can be the UK’s centre for achieving Net Zero, leading energy & environmental...

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,...

Quick shot! Britain’s RES to tilt at Spanish windmills

Hertfordshire-based clean energy developers and operators RES Group are entering Spain’s and Portugal’s wind turbine business. IM FutuRe have inspected and repaired over two thousand...

Guarantees of origin “could raise half capital needed to meet EU 2030 renewables goals”,...

An Oslo-based consultancy believes Europe’s growing market for honesty in proving electricity’s absence of fossil fuels could be worth as much as 57 Billion...

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...

Wind industry slams new 5-month delay in approving Hornsea 4

RenewableUK, lobbying group for Britain’s offshore wind developers, has said an impending delay until July in approving the fourth and final stage of the...

“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...

How Green will be my Valley?  Wales opts to go 100% renewable as early...

Wales’ devolved government this afternoon declared its intention to meet 100% of the nation’s electricity needs from renewable sources as early as 2035. Describing the...

Solar heat-with-power innovator Naked Energy buffs up, targets Portugal and Greece

“Twin solar” technologists Naked Energy are targeting new EU territories with two distribution deals announced today. In September the Crawley-based firm, founded in 2009 by...