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...

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...

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...

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...

Penso allies to enter Italian storage market

Utility-scale storage developer Penso Power is venturing for the first time into Italy’s power market. The company already has operations in Britain and Australia. Now...

New boss for Morocco-to-Devon solar & wind venture

Xlinks, developers of a £16 billion scheme to pipe solar & wind power from Morocco to Britain, have a new CEO. James Humfrey, pictured, has...

Cable builder launches in-house Scots centre to train apprentices

The start-up aiming to wire up Europe's longest subsea cable-link as part of a £16 billion venture to import Moroccan sun and wind power...

Octopus buys half of German green developer

Octopus Energy’s generation arm is investing in renewables developer Lintas Green Energy in a move to turbocharge Germany’s energy revolution, bringing bills down for...