Author Archive for New Power

E.On completes Uniper sale to Fortum

E.On has  completed the sale of its 46.65% stake in Uniper to Fortum. The European Commission and Russia’s  Antimonopoly Authority have both given merger control approvals and the transaction has now been completed and closed. In total, E.On received approximately…

Ørsted to divest residential and network businesses

Ørsted has announced plans to sell off its domestic customer business in Denmark, along with the distribution network and City Light businesses, to focus on supplying and trading green power internationally. The company claims a global leadership position in offshore…

BEIS drops Swansea Bay tidal lagoon: the industry responds

Tim Cornelius, chief executive, Simec Atlantis Energy: “We believe our proposed project for the Wyre Estuary represents a golden opportunity for the government to reinforce its commitment tidal range technology. As well as generating predictable, zero carbon, sustainable power to the…

NextEnergy extends solar acquisitions

NextEnergy Solar Fund has acquired ten operating solar plants with a total installed capacity of 46.6MWp. All ten assets were connected during 2016 and 2017, with subsidies including both renewable obligations certificates and feed-in-tariffs. The solar plants are : Fiskerton (13.0MWp, Lincolnshire)…

ESB acquires battery from Anesco

ESB has acquired a 7MWh battery storage site from renewables developer Anesco for an undisclosed sum – the Irish utility’s first grid-connected energy storage project in GB. Mill Farm near Grantham, Lincolnshire, comprises six battery storage containers. The project was…

TRIG acquires Solwaybank wind farm

The Renewables Infrastructure Group (TRIG) has acquired the 30MW Solwaybank wind farm in Dumfries and Galloway, buying it from developer RES. RES began preparing ground for construction in April 2018 and it will continue to operate the 15-turbine project. The Senvion…