News

Kent council plans solar PV investment

Ashford Borough Council in Kent wants to build and run its own solar farm. Following advice from the Association for Public Service Excellence (APSE) the proposal is for a 9MWp project on a  50 acre site   purchased by the council in…

Shell acquires Sonnen smart energy business

Shell is to acquire 100% of Sonnen, a manufacturer of smart residential storage systems, following an initial investment in May last year. Started up in Germany, Sonnen now also has locations in the UK Italy, Australia and the USA. Sonnen…

FTI Consulting appointed administrator for Utilitywise

FTI Consulting has been appointed administrator for Utilitywise. The company, which provided energy and utility brokerage services to micro-market and SME businesses customers, was unable to raise sufficient funding to cover trading losses and implement a turnaround strategy. The group was put up…

Moody’s cuts WWU credit rating

Rating agency Moody’s has dropped its credit rating for Wales and West Utilities, saying that it expected to see long term lower returns for the western gas network owner and operator. The cut follows similar action on SGN and is…