UK sanctions chill Gazprom; loses LSE fund-raising rights, & customers look elsewhere

The British government has stripped Putin-dependent energy giant Gazprom of its right to raise funds on London’s globe-spanning capital markets.  Meanwhile its UK arm...

Cremz! Gore Street plugs into its first battery in continental Europe

First-moving energy storage fund Gore Street today extended its portfolio of amp hotels and coulomb crèches beyond the British Isles, buying 90% of an...

Foresight basks in the sun, plugs first battery into earnings 22% above expectations, NAV...

Leading PV and battery investor Foresight Solar Fund reaped its rewards today from international expansion and the UK solar boom, posting 2021 EBITDA earnings...

Octopus boosts asset base by 90%, buys into turbines in UK, France, Finland &...

To a pre-announced UK joint development deal with Wind2, embracing nine farms in Scotland and Wales, Octopus Renewables is adding a 14.1 MWp onshore...

Green search engine pinpoints solar PV platform with Euros 20 million

Environmentally-based web search app Ecosia – the internet minnow committed both to paying its taxes & to funding worldwide tree-planting–  is investing Euros 20...

Every Shell director faces ‘world first’ legal suit over environmental risk

Environmental lawyers Client Earth are suing all 13 directors and non-executive directors of Shell, alleging personal and corporate breach of UK company law in...
LNG shipments drive down UK power prices

US to source 15 Bn cubic metres of LNG for EU this year, Biden...

Russian supplier Gazprom’s grip on European gas consumers weakened further this morning as US President Joe Biden confirmed to EU Commission head Ursula van...

Solar farmers Anesco open Dutch operation

British renewables developer Anesco is powering up international expansion with the launch of its first operation outside the UK. Wouter Beerten (pictured) joins the company...

Octopus seeks Suomi wind and solar amid Northern lights

Fast-growing green power investor Octopus Renewables Infrastructure Trust (ORIT) is deepening its commitment to Finland. Founded in 2010, the trust boasts generation assets across Europe...

SSE pays £481 million to tilt at Siemens Gamesa’s sunny windmills

British generator SSE Renewables is set to venture into the Mediterranean wind and solar business, after its purchase today of the southern European assets...

BP’s Q1 profits 50% up, despite £16 billion Rosneft hit

Fossil fuel supermajor BP has posted underlying Q1 profits of nearly £5 billion, up 50% year on year, despite taking a £16 billion loss...

Dawidosky completes management revolution at turbine makers Siemens Gamesa

Turbine-maker-in-a-spin Siemens Gamesa has appointed Tim Dawidowsky as its new chief operating officer. The Hispano-German combine last month hired new CEO Jochen Eickholt in a...

‘Renewables acting like baseload’:  Octopus joins Essex-based £16 Bn pipeline to Morocco

Green mega-investor Octopus is teaming up with Billericay-based energy entrepreneurs seeking to pump renewable electricity from southern Morocco to Britain. Essex start-up Xlinks announced in...

Octopus’ Kraken awakes, stretches beyond energy into water & broadband

Energy transaction platform Kraken is venturing beyond administering energy accounts, reaching today into other utilities such as telecoms, water & broadband. Described as ‘cloud-native’, Kraken...

UK advances to 3rd on EY’s world renewables beauty parade

Britain has moved up two places to 3rd position on the biannual RECAI attractiveness index for renewable power investment, compiled by management consultants EY. The...

Octopus to spin its first ‘asparagus’ turbines in Germany

 Fast expanding Octopus Energy Group is deepening its interest in Europe’s biggest power market, closing a deal to build a 35MWp wind farm near...

Floating offshore wind: Britain leads the world

The UK leads every other nation possessing a coastline in our innovation of floating wind turbines, both in numbers of operating spinners, and in...

Vestas to trial hydrogen-fuelled service launches maintaining North Sea turbines

Low carbon launches ferrying technicians on service trips to offshore wind-spinners will be put through their paces in the North Sea from next week,...

Powerhouse extends green hydrogen offering to Emerald Isle

Hydrogen-from-dead-plastic innovators Powerhouse Energy have signed an outline deal, extending their world’s first operation from the UK into Ireland. The Merseyside-based, AIM-quoted group told investors...

Hydrogen in Airbus’s wings: planemaker backs low carbon flying, as Cotswold minnow ponders fuelling...

Hydrogen as commercial aviation's clean fuel of the future has gained altitude and higher credibility, following a big investment decision from European planemaker Airbus. Toulouse’s...