IGas and Cornish Lithium have agreed heads of terms to develop geothermal heating projects, and are considering sites to jointly develop a pilot scheme. The companies say a technical and commercial evaluation of a number of potential project locations is…

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Energy storage company Eelpower has signed a three-year optimisation agreement for two 50MW batteries with Habitat Energy. The batteries are being built as part of Eelpower’s 2021 joint venture arrangement with Swiss infrastructure fund manager SUSI Partners. The projects, at…

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Whoop Energy and Xcel Power have ceased to trade and entered the supplier of last resort process. Whoop Energy supplies 262 gas and electricity customer accounts, of which 212 are non-domestic and 50 domestic. Xcel Power has 274 customer accounts,…

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Switching site Moneysupermarket saw no revenue from energy switching in the last quarter of 2021 because high wholesale energy prices meant there were no switchable energy tariffs available from October. The company said it was assuming that energy revenue would…

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Service station operator Moto said it was accelerating plans to open fast charging points at its sites this year, as it opened a Gridserve Electric Hub – Wales’ first high-powered electric vehicle (EV) charging hub – at Moto Swansea. The…

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Nova Innovation has been awarded an Option Agreement from Crown Estate Scotland to develop a 15MW tidal array at Yell Sound, between the islands of Yell and Bigga. The new project follows Nova’s earlier tidal array in neighbouring Bluemull Sound,…

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Greencoat Renewables has acquired Tullahennel wind farm from funds managed by affiliates of Apollo Global Management, Inc. The windfarm, in County Kerry, Ireland, and consists of 13 GE 2.85MW turbines that have been operational since September 2018. The windfarm’s revenues…

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The closure of the nuclear power plant at Dungeness B was a “crushing blow”, Jerry Haller, nuclear decommissioning director at EDF Energy, told the Parliamentary Accounts Committee last week in a session on the future of the UK’s AGR reactors,…

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Three solar farms in the UK will provide the power for a virtual corporate power purchase agreement (VPPA) between NextEnergy Capital and part of the Goldman Sachs Group. The three solar farms are all planned for delivery in 2023. Goldman…

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Large floating wind projects will be required to submit Supply Chain Plans (SCPs) for projects above 300MW when applying for Contracts for Difference (CfDs), and all developers will have to score higher when submitting Supply Chain Plans to BEIS. The…

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