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…
Author Archive for New Power
Lincolnshire communities invited to comment on offshore link plans
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National Grid Electricity Transmission (NGET) is inviting communities in Lincolnshire, King’s Lynn, West Norfolk, and Fenland in Cambridgeshire, to take part in consultations on three new transmission projects that will bring renewable energy from Scottish offshore wind to southern parts…
Scottish Power parent secures funding for new lines to move power south from the North Sea
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Iberdrola has completed a £1.35 billion financing package – including funding of £600 million from the UK’s National Wealth Fund (NWF) – so its subsidiary ScottishPower can deliver seven priority transmission grid upgrade projects,. The package was led by Bank…
Hitachi Energy to supply Chinese company with 550kV SF6-free switchgear
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Hitachi Energy is to provide sulphur hexafluoride (SF6)-free 550kV gas-insulated switchgear (GIS) to the Central China Branch of the State Grid Corporation of China (SGCC) – claimed as the first application of the technology at this voltage level. SF6 is…
Ørsted discontinues work on Hornsea 4
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Ørsted has announced it will ‘discontinue’ the 2.4GW Hornsea 4 offshore wind project in the UK ‘in its current form’. The company said that since it was awarded a Contract for Difference (CfD) in allocation round 6 (AR6) in September…
Good Energy pays compensation for PPM billing failures
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Good Energy has paid over £150,000 in compensation and redress after failing to provide final bills and refund credit balances to prepayment meter customers. Energy regulator, Ofgem, found that an error in Good Energy’s billing system affected 2,284 prepayment meter…
Bus batteries to find second life as stand-alone storage
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Battery packs previously used in buses are to have a second life as standalone grid balancing assets, installed by Connected Energy and Forsee Power. The two companies have signed a Partnership Agreement to jointly design and develop modular energy storage…
Welsh government to invest £2M in tidal power
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The Welsh Government has completed a £2 million equity investment in tidal energy firm Inyanga Marine Energy Group to help test improved tidal turbines in real sea conditions at the Morlais tidal energy site off Ynys Mon (Anglesey). The investment…
Solar farm to benefit local school
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A 7MW solar farm on the Ochil Hills in Perthshire will provide free electricity for neighbouring Blackford Primary School, as well as part-powering Highland Spring’s production facility. The school currently uses oil for its central heating. The 23 acre project…
Veolia and Star Energy join forces to seek geothermal heating sites
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Star Energy Group has signed a memorandum of understanding with Veolia to develop large geothermal projects to supply heat to district heating schemes, commercial buildings, hospitals and education campuses. The companies say geothermal heat “is more energy efficient than many…