Multi-utility service provider Aptus Utilities, has won funding of £12.8 million from private equity firm WestBridge to assist with its growth and expansion plans. Further finance was provided by OakNorth Bank. Established in 2010, Aptus provides design, build, install and…
Author Archive for New Power
Siemens celebrates 1000 offshore turbines
by New Power • • Comments Off
Siemens Gamesa Renewable Energy claimed a milestone when it installed turbine 51 at East Anglia One: it was offshore direct drive wind turbine number 1,000, eight years on from the first the company supplied. The company now has 1000 more direct…
TSOs cut stake in Nordpool power exchange, Euronext takes majority ownership
by New Power • • Comments Off
Euronext is to acquire a majority stake (66%) of Nord Pool group, which runs physical power markets in Europe, valuing the group at €84 million. Euronext said it will enter into a partnership, governed by a shareholder agreement, with the Nordic…
Did New Power call it right? The view from 2015 on ‘Energy retailers: how are they changing?’
by New Power • • Comments Off
How are energy retailers evolving? New Power has tried to take a fresh look at their customer propositions and how the landscape will look in future. We’ve sorted them one way – but have we got it right? Take a look at our descriptions and give us your opinion.
Anglian Water sites to host 35MW of PV in step towards net zero goal
by New Power • • Comments Off
Anglian Water Services has signed the UK’s largest onsite solar PV generation deal with NextEnergy Capital, Investment Manager for the NextEnergy Solar Fund (NESF). In the deal, awarded after a competitive tender, NextEnergy Capital will design, build, operate, and own over…
Wales NIC seeks views on energy infrastructure
by New Power • • Comments Off
Grid constraints, the potential for marine renewables and community renewables, and the shift to zero-emission vehicles are among the areas wherethe National Infrastructure Commission Wales (NICW) is seeking evidence to develop its work programme for the coming year. Discussing the…
CCC tender: what are the pathways for deep industrial decarbonisation?
by New Power • • Comments Off
The Committee on Climate Change is seeking to understand how deep decarbonisation of industry could be achieved and it has published a tender for analysis ahead of its sixth Carbon Budget – the first to be produced with Net Zero…
E.On to merge NPower domestic operations to cut thousands of call centre jobs
by New Power • • Comments Off
E.On has announced major changes to its UK operations that will move Npower’s residential and small and medium-size enterprise customers to be served by E.On UK on a shared IT platform. Npower’s industrial and commercial customers will continue to be served separately.…
New flow control will free 500MW of capacity on congested Scotland-England wires
by New Power • • Comments Off
National Grid Electricity Transmission (NGET) is set to boost transmission capability across three stressed areas without having to build more wires. Instead it will manage the flow. Together the three areas are expected to find 1.5GW of extra carrying capability,…
Balancing Market access set to widen
by New Power • • Comments Off
The next two weeks should see direct access to the Balancing Market (BM) opened up for distributed generation, aggregators and consumers Legally, a modification to the Connection and Use of System (Cusc) rules, now agreed by Ofgem, will introduce the concept…