Octopus Renewables Infrastructure Trust has exceeded its target in a new share offering and decided to increase the size of the Issue to approximately £150 million (from approximately £100 million). Chris Gaydon, Investment Director at Octopus Renewables, commented:”The team is…

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Plans to replace diesel with hydrogen fuel on the railway have moved closer, as railway rolling stock owner Eversholt Rail has entered into an agreement to develop hydrogen supply options with H2 Green, the hydrogen network operator. They want the…

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In a knock for the assumption that heavy duty trucks and other vehicles will require hydrogen fuel in future, three major commercial vehicle manufacturers – Volvo Group, Daimler Truck and the Traton Group – have announced plans for an electric…

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HydrogenOne Capital Growth Fund has announced plans to raise £250 million and list on the London Stock Exchange by the end of July. It plans to qualify for LSE’s Green Economy Mark at admission, which recognises companies that derive 50%…

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Fund manager Equitix and Greenvolt have taken ownership of Tilbury Green Power, an operational 41.6MW biomass power plant located in the Port of Tilbury, Essex. Greenvolt, which will own 51% of the plant, is owned by ALTRI, SGPS. Equitix funds…

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NeuConnect has confirmed plans for financial close on its interconnector in September and the start of initial works later this year, with major construction works starting in 2022. The 1.4GW, 700km interconnector between the GB and German energy markets will…

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Utility-scale battery owner Gresham House Energy Storage Fund has opened a new share offering to raise £100 million with the aim of bring its portfolio of batteries to 1.2GW by mid 2023. The offering closes on 7 July. The fund…

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TPG’s global impact investing platform, The Rise Fund, has announced plans to invest in Gridserve alongside existing shareholder Hitachi, in a £100 million push to roll out EV charging across the UK> Gridserve has rebranded Ecotricity’s Electric Highway network, acquired…

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Geothermal Engineering has announced that its ‘proof of concept’ power plant on the United Downs industrial estate in Cornwall is now producing geothermal steam at 175degC extracted from 5.1km underground, and it has plans for four deep geothermal power plants…

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A planning application will be submitted “within three months” for a second facility that can produce hydrogen from waste plastic, end-of-life-tyres and other waste streams using Powerhouse’s ‘DMG’ technology, in partnership with Peel NRE. Powerhouse says Powerhouse DMG plant will…

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