Kia Stockton dealership, in Stockton-On-Tees, will in future meet around 45% of its energy needs from solar panels on its roof. The 601kW solar roof, projected to generate 538,000kWh annually, was developed by Ortus Energy in partnership with SSE Energy…
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Battery buy? Foresight Group agrees potential £190M bid for Harmony
by New Power •
Foresight Group LLP has said it is considering an offer for Harmony Energy Income Trust plc. The possible cash offer of 84.0 pence per share values the ordinary share capital of HEIT at £190.8 million and represents a 29% premium…
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Finance agreed for 612MW battery fleet
by New Power •
NORD/LB bank has announced a landmark £180 million financing package for a portfolio of nine batteries totalling 612MW/1,652MWh, to be built across England and Wales. The portfolio belongs to Constantine Energy Storage, a partnership of the Alberta Investment Management Corporation…
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Welsh Government’s developer seeks support for two wind farm projects
by New Power •
Welsh Government-owned renewable energy developer Trydan Gwyrdd Cymru (Trydan) is planning to tender professional services for two large-scale wind farm developments in South Wales. Trydan’s aim is to deliver renewable energy projects across the public estate, and to optimise the…
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Waste heat in wastewater to provide district heat in Scotland
by New Power •
SSE Energy Solutions and Scottish Water Horizons have announced a strategic partnership to develop low-carbon district heat networks across Scotland that capture the thermal energy in wastewater. The organisations will collaborate to identify, develop and deliver heating solutions. A first…
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Two battery approvals total 150MW for Downing
by New Power •
Downing Renewable Developments (DRD) has secured two planning consents for new batteries. The company celebrated receiving both in a week, and said both were approved without any objections from members of the public. It was granted approval for a 40MW…
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Plymouth seeks development partner for city heat network
by New Power •
Plymouth City Council is looking for a development partner to develop and deliver a heat network in the city. It will hold a Bidders Day on 10 April. The development partner will be required to develop, invest in, deliver, own,…
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NextPower UK raises £773M to install new UK solar
by New Power •
NextPower UK ESG, a private fund focused specifically on new-build UK solar, has raised £733 million, nearly 50% higher than its target of £500 million, to invest in new projects. The National Wealth Fund was the cornerstone investor, with £250…
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UK Energy Storage and Portland Port plan hydrogen import, generation and storage hub
by New Power •
UK Energy Storage (UKEn) and Portland Port have announced plans for joint ventures to import and produce hydrogen at the post and store it in nearby salt caverns. UK Energy Storage is a subsidiary of UK Oil & Gas PLC.…