Singapore-based developer Enterprize Energy has signed an agreement to build a 4GW wind farm off the Irish coast and sell the power to a hydrogen facility on land, according to Bloomberg. Enterprize Energy told Bloomberg that rather than a subsidy…
Author Archive for New Power
Bulb in Special Adminstration Regime
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BEIS has published information for Bulb’s 1.7 million customers, after the supplier entered the ‘Special Administration Regime’. BEIS describes the ‘Special Administration Regime’ as a ‘long-standing, well-established mechanism’ that applies when a supplier fails and if Ofgem’s primary Supplier of Last…
‘Road map’ planned for 2023 to pull lighter, low-carbon composites into offshore wind designs
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A £5 million, 20-month programme, funded by the Department for Business, Energy and Industrial Strategy (BEIS) through its Net Zero Innovation Portfolio (NZIP), has been announced as the next step in developing manufacturing capability for offshore wind. It will result…
From 20GW undersupply to 30GW oversupply: NGESO’s winter 2035 modelling shows urgent need for new power market design
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By 2035 there will be periods when lack of wind and solar generation is low and electricity supply falls dramatically short of demand. But those times are far outweighed by periods when the GB system has a large excess of…
Whitelee hydrogen project wins £9.4M BEIS funding
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The Green Hydrogen for Scotland Consortium has won £9.4 million funding from the BEIS’s Energy Innovation Portfolio competition to develop a hydrogen production and storage facility. The facility will be sited at Whitelee wind farm, owned by ScottishPower, a member…
Atrato’s £150M fund raising for rooftop solar to be deployed ‘within the year’
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Atrato Onsite Energy has raised £150 million to invest in commercial rooftop solar in the UK. The new renewables investment trust said the initial public offering was oversubscribed ‘multiple times’, and the capital would be deployed within 12 months. Gurpreet…
French interconnector restart in October and December 2022, says National Grid; Ventures business profit to jump despite outage
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National Grid expects to return its IFA interconnector with France back in full service in two stages, it said in its half-year results statement. One of the interconnector’s two 1000MW links was shut down after a fire at the convertor…
Kleenex, Andrex, Huggies production to be powered by wind, in PPA with new onshore project
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Construction has started at the Cumberhead wind farm, a 50MW onshore project in South Lanarkshire, Scotland. It power will supply Kimberly Clark, whose companies provide household brands including Andrex, Kleenex and Huggies, under a power purchase agreement signed with wind…
Invinity plans to offer global supply after £29M fundraising
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Vanadium flow storage company Invinity has raised £29 million in a new share offering and said “the timing is right to make Invinity’s utility-grade energy storage available to the global market”. It said over 25MWh of the company’s Invinity VS3…
Mitie plans to double energy projects business in 2023
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Facilities management company Mitie expects its energy-focused projects business to double to £200 million in FY23, it said in a financial update. Mitie announced the acquisition of connections company Rock Power Connections on 1 November. Carlo Alloni, Managing Director, Technical…