The EQT Infrastructure VI fund is to acquire Statera Energy Limited from InfraRed Capital Partners. Established in 2015, Statera has 1GW of flexible generation – batteries, key flexible technologies, pumped hydro and green hydrogen production – in operation and under…
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Green heating projects win £65M in grants, build in response offering for networks
by New Power •
Five green heating projects have shared nearly £65 million in government grants from the Green Heat Network Fund. The awards, managed by Triple Point Heat Networks Investment Management, went to projects that mostly used heat pumps and two had energy…
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SP Energy Networks to test AI-driven storm fault prediction
by New Power •
SP Energy Networks is trialling the use of artificial intelligence (AI) to better pinpoint potential faults on the electricity network caused by severe weather and help ensure equipment and engineers are on hand to tackle problems. The £5 million Predict4Resilience…
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Immingham terminal would import ‘green’ ammonia from Saudi Arabia to convert to hydrogen
by New Power •
Associated British Ports (ABP) is looking for a lead contractor to develop Immingham Green Energy Terminal (IGET), a multi-user terminal that will receive imports of green ammonia from the Neom Green Hydrogen Company in Saudi Arabia and convert it to…
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Electrolyser on course for installation at NI Water site in 2024
by New Power •
In 2024 Northern Ireland Water could begin using oxygen in its processes produced as a byproduct of green hydrogen, after the electrolyser technology passed milestone tests. Clean Power Hydrogen (CPH2) announced it had completed an extensive testing and commissioning process…
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Eastbourne hospital installs PV over ‘solar car park’
by New Power •
Eastbourne District General Hospital Veolia has begun energy generation from a solar array installed in its car park, which will provide power for EV charging points and the hospital. The solar car park was installed by Veolia and solar car…
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Ripple Energy sees first blades in place at Kirk Hill wind farm
by New Power •
The lift of blades into place has begun for the eight turbines at the the UK’s largest consumer-owned wind farm at Kirk Hill wind farm, Ayrshire. More than 5,600 members from households and businesses across Scotland, England, and Wales part…
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Innova secures £40M debt facility to deliver solar and storage
by New Power •
Investment manager Triple Point has agreed a debt facility of up to £40 million to support Innova’s accelerated growth in UK solar and battery systems. In 2017 when Triple Point provided debt funding for operational subsidised solar assets owned by…
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Arenco to provide route to market for Varco batteries
by New Power •
Arenco and Varco Energy have partnered on two new battery projects: Native River and Sizing John. Arenko will act as the route to market provider for Varco’s Native River project, a 57MW/138MWh transmission-connected battery south of Liverpool, and the Sizing…