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…
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Energy bills relief package: the industry responds
by New Power •
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…
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ECIU: insulating homes while capping prices would be ‘cost neutral’ for Treasury
by New Power •
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…
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Atrato makes solar investments totalling £31M
by New Power •
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…
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RES wins approval for 100MW battery in County Durham
by New Power •
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…
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Planning approval for 50MW battery in Somerset
by New Power •
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…
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Cut consenting times to speed up offshore wind installation, says OEUK
by New Power •
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…
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Diamond Transmission Partners named as preferred bidder for Hornsea 2 OFTO
by New Power •
Diamond Transmission Partners has been named by Ofgem as the preferred bidder to own and operate the £1.2 billion high voltage transmission link between Ørsted’s Hornsea 2 offshore wind farm and the onshore network. Diamond Transmission Partners is a consortium…
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Equinox to double capacity at Sheringham Shoal and Dudgeon, use integrated network connection
by New Power •
Equinor has applied to the Planning Inspectorate for permission to double the capacity of the Sheringham Shoal and Dudgeon offshore wind farms, both situated off the North Norfolk coast. The application provides for an integrated transmission system, as well as…