Anesco and Gresham House are embarking on a £100M solar rollout that is expected to see 200MW of ground-mounted projects installed over the next three years. Asset manager Gresham House will fund the portfolio, which will comprise sites ranging in size…
Author Archive for New Power
INTERVIEW: Mark Futyan, Anesco
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Mark Futyan started work on transforming Anesco just before the lockdown started. But as he told New Power in this interview first published in August 2020, transforming a relatively small company like Anesco was a very different prospect than making…
Gulf steps into e-mobility space as it joins Clean Growth Fund with £6M stake in Indra smart EV charge company
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Gulf Oil International has moved into the e-mobility sector, investing alongside UK venture capital fund, the Clean Growth Fund, in smart EV company Indra. The two will inject £6million of investment into Worcestershire-based Indra, which manufactures a range of smart…
ACT NOW: recruitment starts for ten community energy ‘mentors’, to help kick start more projects
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CSE, Power to change and Cooperatives UK want to stop community energy groups ‘reinventing the wheel’ and are recruiting up to ten mentors to help groups. The aim is to speed up the learning process, create successful and replicable projects,…
Battery storage investor pool grows, signalling cheaper finance
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A wider range of investors are taking a stake in the battery storage industry, signalling a lower cost to finance, according to new figures from Mercom that also showed a hike in overall investments. Mercom found that total corporate funding…
A good idea a decade ago?
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Once again Kwasi Kwarteng MP talks up nuclear as “The only way we can get decarbonised firm power which isn’t intermittent …We will need a source of power that isn’t fluctuating, that isn’t dependent on the wind blowing and the…
£5k bonus for embedded generators who adjust plant ‘set points’ this quarter – and warning over May deadline for full subsidy
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Generators connected to the electricity network are urged to claim thousands of pounds in funding before Apil this year to help them carry out necessary work to boost network resilience. As well as being paid to make the change, a ‘fast…
Ørsted agrees investment on green hydrogen demo powered by offshore wind
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Ørsted has taken the final investment decision on the H2RES demonstration project at Avedøre Holme in Copenhagen, Denmark, which will combine offshore wind with hydrogen production. The H2RES project will investigate how to best combine an electrolyser with the fluctuating…
ALICE home assistant enters trials aimed at helping consumers go low carbon at low cost
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Amp X is set to trial an autonomous digital energy assistant in 50 Living Lab homes run by Energy Systems Catapult, aiming to help households to reduce the cost and carbon intensity of their energy and ultimately lead to peer-to-peer trading. The ‘behind-the-meter’ technology…
Flexitricity to trade EV smart charging flexibility into Balancing Mechanism using 10,000 vehicles on ev.energy platform
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Flexitricity and ev.energy have joined forces to use the flexibility of electric vehicle charging to register to help in short term management of the power system. The companies will use ev.energy’s smart EV charging platform, which can harness over 10,000 electric vehicles,…