Ofgem has issued five suppliers – Colorado Energy, Igloo Energy Supply Limited, Neon Reef Limited, Whoop Energy Limited and Symbio Energy – with provisional orders, compelling them to pay around £765,000 in total for a government environmental scheme. Colorado Energy…

Read more →

Avro Energy and Delta Gas and Power have been added to the list of power companies set to be expelled from the Balancing and Settlement Code. Both are in default of obligations over credit cover and for both, the BSC…

Read more →

A new renewable power business, Renewco Power, has been launched with backing of £24 million from SSE plc via Corran Capital. It aims to develop large-scale solar and wind farms across the UK and Europe. The Edinburgh-based company is targeting…

Read more →

Greenlink Interconnector has signed a contract with Siemens Energy and Sumitomo Electric for high-voltage direct current (HVDC) converters and cable for its planned 500MW interconnector that will link the GB grid with grids in Northern Ireland and the Republic of…

Read more →

Energy storage fund Gore Street has announced plans for a new fundraising after acquiring a 57MW construction-ready energy storage project in Leicester, bringing its UK and Ireland portfolio to 577MW operating or under construction. The £22 million Leicester project is…

Read more →

SSE has signed a Memorandum of Understanding with IGas subsidiary GT Energy UK Limited for the development of a geothermal district heating project in Stoke-on-Trent. SSE will develop and deliver a district heating network in Stoke-on-Trent working with GTE and…

Read more →

Ecotricity has beefed up its cash offer to Good Energy shareholders by 18%, as it tries to take over its fellow green energy specialist. Ecotricity announced on 16 September that it would increase its offer from 360p to 400p. Ecotricity…

Read more →

Solar investment company NextEnergy Solar Fund (NESF) has joined with energy storage company, Eelpower in a £100 million joint venture partnership which has signed its first acquisition of a 50MW standalone utility scale battery energy storage project. The 50MW storage…

Read more →

‘Energy efficiency as a service’ company eEnergy Group has acquired energy consulting and procurement business Utility Team for £21 million. It also took on a 5% share in UtilityTeam Trading. The initial consideration represents an acquisition multiple of 7.1x of…

Read more →

Osprey Charging has announced plans for over 150 high-powered electric vehicle (EV) charging hubs across the UK, totalling 1500 charging points, by 2025. The sites, which will be on strategic A-roads and adjacent to motorways, will have 150-175kW rapid chargers.…

Read more →