Good Energy made a pre-tax loss of £700,000 in the six months to end June 2022, compared to pre-tax profit of £4.8 million in the period in 2021, according to interim results published today. That included an £800,000 loss in…
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Ofgem warns Utilita: offer support to customers at risk of self-disconnection or face action
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Ofgem has sounded a warning to Utilita that it must improve its practices to support customers on pre-pay meters who are at risk of so-called ‘self-disconnection’ and report to the regulator on changes to its practice and its call centre…
JLEN sets up energy ‘ecosystem’ as new glasshouse picks up heat and power from AD plant
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Infrastructure fund JLEN has invested £26.7 million in a commercial glasshouse project that will be supplied with heat and power via private wire from an existing anaerobic digestion plant also owned by JLEN. The consented 2.1 hectare glasshouse will be…
Solar fund seeks shareholder approval to boost battery investments
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NextEnergy Solar Fund (NESF) is seeking investor support to change its investment policy to allow it to invest more in battery storage. The strategy change came as NESF and Eelpower Limited have announced a new £200 million joint venture for…
Energy bills relief package: the industry responds
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Martin McTague, National Chair, Federation of Small Businesses: “It’s a huge relief for millions of small businesses to hear confirmation they will be part of the government’s plans to help on energy. Many have been pushed to the brink by…
ECIU: insulating homes while capping prices would be ‘cost neutral’ for Treasury
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Analysis from the Energy and Climate Intelligence Unit suggests that investment in home insulation could be cost-neutral for the Treasury before the next election, as reduced bills will cut the overall cost of a price freeze. It says that if…
Atrato makes solar investments totalling £31M
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Investment trust Atrato Onsite Energy has acquired Sonne Solar Ltd from Cero Generation (an independent portfolio company of Macquarie’s Green Investment Group). The operational portfolio of ‘behind the meter’ PV arrays totals 33MW of installed capacity across 32 rooftop and…
RES wins approval for 100MW battery in County Durham
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Renewable energy company RES has been given planning approval for a 99.9MW battery in County Durham after the Council’s planning committee voted to approve the scheme. Spennymoor Energy Storage System is on land to the south of the existing electrical…
Planning approval for 50MW battery in Somerset
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Conrad Energy has recently won planning consent for a 50MW two-hour battery in North Petherton, Somerset. This announcement comes soon after Conrad Energy’s 15MW four-hour battery in Plympton, Devon won planning approval. The company’s first significant strategic solar development at…
Cut consenting times to speed up offshore wind installation, says OEUK
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The UK must double or even triple the rate of offshore wind turbine installations to meet its target of a four-fold increase in offshore renewable energy by 2030, according to a new report from Offshore Energies UK (OEUK). The organisation…