British energy markets could be re-integrated into Europe’s Internal Energy Market (IEM) under the new deal signed by the UK and European Union on 19 May. Brexit included the separation of the GB energy market from that of the EU.…
Author Archive for New Power
Easing new-build home standards has cost families thousands, says ECIU
by New Power • • 0 Comments
Families living in new-build homes paid an extra £1000 in gas bills between 2017 and 2025 because higher standards on energy efficiency were scrapped, according to new analysis from the Energy and Climate Intelligence Unit (ECIU), and they have missed…
Battery developer secures £42M loan for three projects
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Battery developer Field has secured a £42 million senior non-recourse loan with Rabobank and ING to finance the rapid deployment of batteries totalling 125MW/250MWh in England and Scotland. The investment agreement covers financing for three battery storage projects. Whitebirk (25MW),…
Consent for solar farm with sheep grazing below
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Downing Renewable Developments (DRD) has been granted planning consent for a 20MW solar farm which, when operational, enables the landowner to continue farming through ongoing sheep grazing. The Limes Farm solar fark in Bourne, Lincolnshire, will support diversification of the…
Thrive acquires Essex solar farm
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Thrive Renewables has acquired the 14MW Dunmow solar farm in Essex. Construction of the project isb now complete and operations are expected to start in May. Dunmow is the third project to be funded by Fair Play Clean Energy Ltd,…
Wave energy developer to install 5MW array at EMEC
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Wave energy developer, CorPower Ocean, has signed a berth agreement to build a 5MW wave energy project at the European Marine Energy Centre (EMEC) in Orkney, Scotland. Scheduled for deployment in 2029, the 5 MW array will be deployed at…
Major undersea cable manufacturing facility planned for Port of Tyne
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LS Eco Advanced Cables Ltd. has launched a consultation on plans to build a high-voltage undersea cable manufacturing facility at Tyne Dock, Port of Tyne. Port of Tyne said plans are at an early stage and still being finalised, but…
Move policy costs from electricity bills to taxation, urge businesses
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A group of 17 manufacturers, investors, and climate groups have called on the Chancellor to move policy costs from electricity bills and into general taxation, a move they say will unlock growth, drive electrification and secure Britain’s place in the…
Scottish community renewables can access new £8M funding
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Scotland’s Community Energy Generation Growth Fund has reopened for applications, with £4 million from the Scottish government and £4 million from Great British Energy to support local renewable energy generation projects. The fund supports local communities to install wind, solar,…
Eku Energy secures funding for battery at Ocker Hill
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Eku Energy has secured £45 million in debt financing from NatWest Bank and Sumitomo Mitsui Banking Corporation (SMBC) to construct a new 99MW/198MWh battery at Ocker Hill in the West Midlands. The site is close to the former Ocker Hill…