Greencoat Renewables has begun an expansion into mainland Europe. It has acquired three operating wind assets in France from John Laing Group for €30.3 million. The portfolio comes with 16-year long-term fixed-rate project finance and have an overall net enterprise value…
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Minety: big battery storage project gets bigger
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The Minety battery storage project in Wiltshire – still under construction – is set to be expanded after developer Penso Power secured land rights, planning permission and a grid connection offer to extend the 100MW project by a further 50MW.…
Energy suppliers promise no disconnections and help for customers disrupted by Covid-19
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The energy industry and the government have agreed measures to protect the domestic energy supply of those in need during the Covid-19 disruption. Up to 4 million customers with pre-payment meters who may not be able to add credit can…
Wave Hub up for sale
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Cornwall council has decided to put Wave Hub, a grid-connected offshore device used to test and develop wave energy devices, up for sale, Cornish Stuff website reports. The Hub has been in place since 2010 with four test slots available. Although…
Two small suppliers cease trading
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Small suppliers Gnergy and Better Energy have ceased trading. Nottingham-based Better Energy was one of nine companies in breach of the requirement to be Data Communications Company (DCC) users. It gave up its supply licence in February and went into administration…
Westminster City Council plans to hit 1000 EV charging points within a year
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Motorists currently believe there are only 100 to 200 electric vehicle charging points in London and almost a third believed there were no EV charging points near their home or workplace, according to Westminster City Council, Siemens and Ubictricity, which…
Global coal financing falls as LNG infrastructure rises
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Global financial support for the fossil fuel industry has been increasing since 2015, when the Paris Agreement was adopted, environmental organisations say. Banking on Climate Change 2020, released by Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International,…
Domestic supply customers fall, FIT customers rise at Good Energy
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Good Energy saw its domestic supply customers fall by 8% in 2019, according to preliminary results for the year to 31 December. However, that loss was outweighed by a surge in feed-in tariff installations in advance of the scheme closing in…
Dutch battery project reaches crowdfunding target
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Dutch company Giga Storage has successfully raised €3.7 million via crowdfunding site DuurzaamInvesteren to fund construction of a 12MW battery – the largest in The Netherlands. The battery, dubbed ‘Giga Rhino’ will be installed in 2020 at the Wageningen University &…
Triodos loan to fund Pod Point EV chargers at 600 Tesco stores
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Pod Point is to supply, operate and maintained hundreds of EV charging points at Tesco stores. The expansion will be supported with a loan from Triodos Bank UK and funding from Volkswagen. The debt facility will support installation of EV charge points…