Author Archive for New Power

NextPower UK raises £773M to install new UK solar

NextPower UK ESG, a private fund focused specifically on new-build UK solar, has raised £733 million, nearly 50% higher than its target of £500 million, to invest in new projects. The National Wealth Fund was the cornerstone investor, with £250…

Immingham charging hub to serve e-HGVs

A new public charging hub in Immingham will provide charging for battery-powered heavy goods vehicles. The new charging hub is run by Milence, a joint venture between Daimler Truck, Volkswagen subsidiary Traton Group and Volvo. The Immingham hub on the…

Vattenfall puts heat networks and UK IDNO up for sale

Vattenfall is considering divestment of its heat networks and its UK independent electricity distribution network operator (IDNO) business. The company has district heating operations in Sweden and the Netherlands, as well as the UK, providing heat to homes and businesses…