Norwegian energy company Equinor and Abu-Dhabi-based Masdar have installed a battery to connect to their Hywind floating wind farm. The 1MW/1.3MWh system, designed and supplied by battery storage integrator Younicos, will dynamically balance power. Two Younicos portable modular battery containers (dubbed Y.Cubes), have been placed at…
Author Archive for New Power
Bishop’s Stortford battery refinanced
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Statera Energy has completed a debt facility re-financing with NatWest for a battery storage installation. The 49.99MW lithium-ion battery near Bishop’s Stortford was commissioned in December 2017 after it won a two-year contract with National Grid to provide fast frequency response…
United Utilities to offer 8MW of flexible power services
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Open Energy is working with water supplier United Utilities to deliver a flexible approach to energy management. The water firm generates 21% of its electricity consumption via solar PV, biogas and hydro plant and it plans to install a further…
E.On completes Uniper sale to Fortum
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E.On has completed the sale of its 46.65% stake in Uniper to Fortum. The European Commission and Russia’s Antimonopoly Authority have both given merger control approvals and the transaction has now been completed and closed. In total, E.On received approximately…
Ørsted to divest residential and network businesses
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Ørsted has announced plans to sell off its domestic customer business in Denmark, along with the distribution network and City Light businesses, to focus on supplying and trading green power internationally. The company claims a global leadership position in offshore…
BEIS drops Swansea Bay tidal lagoon: the industry responds
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Tim Cornelius, chief executive, Simec Atlantis Energy: “We believe our proposed project for the Wyre Estuary represents a golden opportunity for the government to reinforce its commitment tidal range technology. As well as generating predictable, zero carbon, sustainable power to the…
UKPN and Powervault combine to create ‘virtual power plant’ in Barnet from PV and batteries
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Powervault and UK Power Networks are to install a fleet of 40 domestic batteries in the London Borough of Barnet so they can be used to store energy generated from solar panels and use them to support the local grid. The…
NextEnergy extends solar acquisitions
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NextEnergy Solar Fund has acquired ten operating solar plants with a total installed capacity of 46.6MWp. All ten assets were connected during 2016 and 2017, with subsidies including both renewable obligations certificates and feed-in-tariffs. The solar plants are : Fiskerton (13.0MWp, Lincolnshire)…
Canadian investors buy UK PV totalling 13,259 rooftop and ground-based installations
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Canadian infrastructure investment management firm Fiera Infrastructure has made its first sole investment in the UK. It has acquired a solar PV portfolio of 13,259 residential and commercial rooftop systems, and ground-mounted solar, across England and Wales totalling 41MWp. The portfolio…
Government aims to help drive pension funds towards green investment
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The government is acting to help direct investments from UK pension funds into activities that fulfil environmental, social and governance (ESG) aims – such as investments in green energy. The Department for Work and Pensions (DWP) has opened a consultation…