EV charging network InstaVolt has announced the opening of five new battery storage sites, which it says will help future-proof its charging hubs against rising grid costs and connection delays. The five sites, each representing an investment of approximately £500,000,…
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Heat network developer wins £100M investment
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Infrastructure investment firm Pioneer Point Partners has announced a £100 million investment in Rendesco, the developer, owner and operator of low-carbon heat networks. Founded in 2012, Rendesco specialises in ground source heat pump solutions for new-build residential developments. Itd has…
The King’s Speech: the industry responds
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Dhara Vyas, Chief Executive, Energy UK: “Energy security is national security, as the events of the last few weeks have underlined, so it’s very welcome to see this recognised so prominently as a key focus for the next Parliamentary term.…
SSEN flexibility procurement opens on 26 May
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SSEN has announced a new long-term flexibility auction, which will open at 09:00 on Tuesday 26 May. The Distribution Network Operator (DNO) for central southern England and the north of Scotland has already procured close to 1GW of flexibility during…
Wind farm developers ‘could help address housing shortages’
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A feasibility study by renewable energy developer Muirhall Energy says the onshore wind industry could help to address chronic rural housing shortages – by creating construction worker housing and converting it into permanent homes for local communities. Using Skye as…
Heva Energy offers salary sacrifice scheme for solar/storage combination
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Heva Energy has launched a salary sacrifice scheme for residential solar, battery storage and EV charge points. The scheme allows employees to fund clean energy systems through pre-tax salary reductions, removing the upfront cost barrier that 80% of households cite…
E.ON to acquire OVO
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E.ON has announced it plans to acquire OVO. The company said the acquisition would strengthen E.ON UK’s ability to deliver value for customers and grow its core retail business. Chris Norbury, CEO of E.ON UK, said: “For decades the UK…
EnergyPathways celebrates East Irish Sea gas storage licence
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EnergyPathways Irish Sea Limited has announced it is to be awarded a gas storage licence by the North Sea Transition Authority for its MESH project, located in the East Irish Sea and onshore in Barrow-in-Furness, Cumbria. The MESH project is…
GEL says £10M financing will open the door for more lithium and power production in Cornwall
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Geothermal Engineering Limited (GEL) has secured £10 million in financing from ABN AMRO to help fund expansion of lithium production at its United Downs site in Cornwall. It will also allow for preparation to develop further sites in Cornwall where…
AI speeds up optioneering for new connections to SPEN network
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Keen AI, a UK-based company specialising in AI solutions for critical infrastructure, has joined with SP Energy Networks to develop IConn, a digital tool for developers seeking a new connection to the transmission electricity grid. The tool provides customers with…