Facilities management company Mitie and Sustainable Development Capital LLP (SDCL), an investment firm specialising in energy efficiency and decentralised energy generation, have launched a new partnership. The two companies will help organisations looking to roll out equipment such as solar…
News
Islandmagee gas storage clears barrier to construction; Ireland’s gas imports rise
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The planned Islandmagee Energy gas storage facility, off the coast of Northern Ireland, has been awarded a Marine Construction Licence, allowing it to proceed towards construction. The storage facility will not be available for this winter or the next, however,…
Invinity celebrates first tranche of Oxford flow battery installation
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The 1.7MWh first phase of a vanadium flow battery that will eventually deliver 5MWh of storage has been installed and energised, reports manufacturer Invinity Energy Systems. The first phase of the Energy Superhub Oxford (ESO) project’s flow battery can supply…
Pure Planet, Colorado Energy in SOLR, two more companies in BSC default
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BP-backed energy supplier Pure Planet has ceased trading and entered the supplier of last resort (SOLR) proces. The company is said to have around 250,000 [corrected] customers. In a blog post the founders stressed that “We recently passed our Ofgem…
SSE joins with Jedlix in plans to bid EV charging into Balancing Market
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SSE and electric vehicle (EV) smart charging service provider Jedlix have signed a deal to deliver grid balancing services from EVs. The partnership will allow domestic customers with EV charging to provide flexibility into the balancing market at times of…
Proposed West of Orkney wind farm could feed ‘industrial scale’ hydrogen production
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A consortium bidding in the ScotWind leasing round to build a 2GW offshore wind farm west of Orkney said it plans to use it to power the production of green hydrogen on an industrial scale on Orkney’s Flotta island. Macquarie’s…
Octopus EV drivers to participate in BM ‘within months’
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Octopus Electric Vehicles is expanding its vehicle-to-grid (V2G) project Powerloop with the aim of participating in the National Grid’s Balancing Mechanism (BM) “in the coming months”. Powerloop, launched in 2018, has seen over 130 electric vehicle (EV) drivers use a…
AMPower UK set to be expelled from balancing and settlement
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AMPower has been threatened with expulsion from the Balancing and Settlement Code (BSC), the agreement the governs electricity suppliers and other parties who take part in the electricity market. The supplier has been told that it has 28 days to…
EV chargepoint installer Pod Point plans IPO in major fundraising
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Pod Point is set to float up to half of its electric vehicle (EV) charging company, with owner EDF expecting to maintain a stake of more than 50%. Announcing that it was considering a float the company said it was…
Trust plans IPO to raise £230M to fund 1GW of battery storage
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Harmony Energy Income Trust is raising money to invest in 1GW of ‘shovel ready’ battery projects in Great Britain, in a £230 million share offering. It expects to acquire projects at a cost of £750,000/MW, whose value will rise to…