Most pension funds and insurers who have invested in the renewable energy sector expect to increase allocations over the next five years, according to research by AlphaReal, which has acquired a 33MW ground-mounted solar farm near Darlington, which is currently…
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Standards agreement set to speed up use of new technology in offshore wind sector
by New Power •
The Offshore Wind Growth Partnership (OWGP) has published a standardised approach to technology demonstrations and a standard agreement template, which together should enable UK innovators to take new products and services to market faster, having obtained performance data under real…
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Glass bottle maker takes on Grid Beyond to manage 8MW battery
by New Power •
Glass bottle maker O-I Glass is joining with GridBeyond to install and operate an 8MW battery at O-I’s facility in Alloa, Scotland. The battery and supporting energy management system uses artificial intelligence to enhance energy efficiency, resilience and sustainability. GridBeyond…
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Be.EV plans North West EV charger expansion with new £55M debt funding
by New Power •
Electric vehicle charging network Be.EV has raised £55 million to expand its EV charger installations and said it will target expansion in Manchester and the North West, for the region’s million EV owners, and the ultr-rapid charging option. The debt…
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Sainsbury’s adds EV charging to Nectar scheme
by New Power •
Customers using Sainsbury’s ultra-rapid EV charging service are now able to collect Nectar points. Smart Charge customers with active Nectar accounts will be able to charge their electric vehicle and collect 1 Nectar point for every pound spent. The company’s…
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Downing acquires CfD-backed solar farm
by New Power •
Downing has completed the acquisition of a 35MWp operational ground mount solar farm in Sleaford, Lincolnshire, from NextEnergy for £28 million. The solar plant is forecast to generate 36GWh per year. The solar farm has been operational since July 2023…
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Welsh government wants to ‘move quickly’ to boost ports for offshore wind
by New Power •
The Welsh government has promised to boost its support for offshore wind, by developing four strategic ports, according to Jeremy Miles, the Cabinet Secretary for the Economy, Energy, and Welsh Language. He said Wales has long been a home to…
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Gas station upgrade to add 100MW to capacity
by New Power •
The capacity of a gas-fired power station owned by Coryton Power has been increased. The combined cycle gas turbine at Corringham, Stanford-le-Hope, Essex. was originally due to be rated at 750MW. The Secretary of State has now allowed for a…
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SGN and Bohr join to improve biomethane availability
by New Power •
SGN’s commercial arm and energy solutions provider Bohr Limited are collaborating to increase the amount of biomethane used in the gas network. They want to establish a new approach to engineering delivery and lifecycle support for the construction and installation…