Ofgem has raised the price cap by £47/year for dual fuel customers, saying that wholesale gas and electricity costs have risen since the level was last updated in February. “This is mostly due to the global rise in oil prices feeding…

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Next Energy Solar Fund has acquired  two portfolios of operating rooftop solar consisting of 282 assets, an overall installed capacity of 1.15MW. The first portfolio consists of 63 rooftop solar assets, seven of which are commercial and the remaining residential.…

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Centrica Innovations has announced a major investment in Driivz, an Israeli company offering end-to-end software solutions for electric vehicle (EV) charging. Centrica Innovations is integrating the Driivz platform into a new intelligent EV charging service offer for businesses from Centrica Electric…

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UK infrastructure investor Equitix is to acquire a portfolio of social infrastructure and renewable assets from NIBC Infrastructure Partners. The portfolio includes 13 assets in the UK and Europe and, subject to closing conditions, will be acquired in a single transaction.…

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Prysmian has been awarded a multi-million pound contract to supply cables for Ørsted’s Hornsea Project Two offshore wind farm – set to become the world’s biggest. Over 300km of inter-array cables will be supplied by Prysmian Group, with 900km of cable cores…

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West Sussex County Council has awarded Anesco an operations and maintenance contract for solar farms and solar panels installed on domestic properties and commercial buildings across the region. The council is broadening its energy activities and has launched a not-for-profit domestic energy supplier,…

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Npower will pay a fine of £2.4 million after it failed to install advanced meters for electricity business customers. Suppliers had to install advanced meters at all their large business customers after 2009 and complete the rollout  by April 2014.…

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A revolution is happening in local electricity networks, as more local and domestic generation is connected, users start to generate and trade their own power, and new technologies such as electric vehicles and batteries are connected and used. Now the…

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Octopus Energy will take over Iresa’s 90,000 customers from 1 August.  Ofgem appointed Octopus under its ‘supplier of last resort’ mechanism after Iresa ceased trading earlier this week. Octopus Energy said it will honour outstanding credit balances, including money owed to…

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National Grid may mount a legal challenge to Ofgem’s decision on how to finance and deliver a new transmission line needed to connect Hinkley Point C to the electricity network. The transmission network owner said, “We have previously raised concerns and will now review…

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