News

Greencoat Renewables makes first French wind acqusition

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…

Minety: big battery storage project gets bigger

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.…

Wave Hub up for sale

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

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…

Global coal financing falls as LNG infrastructure rises

  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,…

Dutch battery project reaches crowdfunding target

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 &…