Author Archive for New Power

Capacity Market ruling: the industry responds

The European Court has annulled a 2014 European Commission decision that the UK’s Capacity Market  passes State Aid tests. See story here. The industry responds: Erik Nygard, chief executive & co-founder, Limejump: “In these circumstances, the abruptness of such a decision…

Grab some easy wins on heat

A huge amount of heat is wasted in the UK and it’s great to see that BEIS has made £18 million in grants available to reduce waste from at least one source – industrial waste heat.  BEIS has offered to…

New AD plant for Iona Capital

Iona Capital has financed the construction and operations of a new 8.8MWt anaerobic digestion plant in Dumfries and Galloway, Scotland. The plant has pre-qualified under the Non-Domestic Renewable Heat Incentive (RHI). The principal feedstock will be waste slurries generated from local…

Storage fundraising below target

Gresham House has raised £100 million to drive its energy storage fund onto the London Stock Exchange, reports Solar Power Portal - half its £200 million target. Gore Street Capital raising £30.6 million in May against its target of £100 million. The…