Author Archive for New Power

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…

Solar-powered surveillance company completes successful crowdfunding

UK technology company Sunstone, has raised £592,000 from over 450 investors via crowdfunding platform, Crowdcube. Its target was £500,000. Sunstone has developed solar powered products that provide surveillance, wireless networks and satellite communications to sites around the world. Paul Schelhaas, co-founder and…

Client Earth to challenge Drax Repower project

Client Earth has challenged Drax’s plans to convert two coal-fired power stations to gas and install battery storage at the site, the Guardian reports. Drax argues that building new gas-fired plants will mean it can shut down its two remaining…

Supply chain event planned for Keadby 2

SSE and Siemens have announced a Meet The Buyer forum for potential supply chain opportunities at Keadby 2. The event will be held on 4 December at The Double Tree by Hilton Forest Pines Resort. The two companies officially broke…

Toshiba to wind up nuclear project at Moorside

Toshiba has announced its intention to withdraw from the nuclear power plant construction project at Moorside in Cumbria, and wind up the NuGeneration Limited (NuGen) business. The company said it had spent 18 months in negotiations with a range of potential…