Canadian pension fund CDPQ has announced it will acquire Brookfield Asset Management’s 25% stake in pumped storage plant operator First Hydro Company for a reported £500 million. Engie is the majority shareholder who owns the remaining 75% of the company.…
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ScottishPower Renewables expands footprint in Lowestoft
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ScottishPower Renewables has acquired a new site in Lowestoft’s PowerPark and confirmed it as the long-term home for its UK offshore wind operations. The company is investing around £8 million to acquire and develop the site on Trinity Road –…
Polling finds support far outweighs opposition for new wind farms
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Fred. Olsen Renewables has claimed a high level of support for accelerated progress on wind power to meet national clean energy targets, based on opinion polling evidence. However, the polling found that government and industry have still to convince the…
Root-Power’s Coryton battery set for new year startup
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Root-Power has begun construction of an 11MW battery at Coryton Energy Park, in Corringham, Essex. The site will go live in Q1 2025 and has been designed with a 2-hour storage duration. Development work on the project, located in London…
Swedish heat pump company opens Scotland facility
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Swedish heat pump company Aira has opened a new facility at the Springkerse Industrial Estate in Stirling, central Scotland, to serve Scottish customers. In 2025, the company plans to open an Academy at the site to provide training for the…
Shift from markets towards central planning set to speed up clean power delivery
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A shift from markets towards central planning will help deliver the UK’s target of a clean electricity system by 2030, speakers at the BIEE’s biennial Policy Conference suggested. Rebecca Sedler, managing director, interconnectors, at National Grid Ventures, said that the…
EU Skills: changing energy industry needs to recruit nearly 25k new skilled workers per year over the next six years
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The power industry has to recruit over 22,400 people over the next six years to achieve its Net Zero while the gas industry will require over 2000 people annually to launch a hydrogen industry, according to new figures from Energy…
Study finds little ground heating risk from potential ten-fold increase in ground source heat installations
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Most ground source heating and cooling (GSHC) systems are unlikely to represent a risk to the environment from change the temperature in the ground around them, a study for the Government’s Chief Scientist has reported. However, larger GSHC systems or…
Cricket stadium to be solar powered
by New Power • • 1 Comment
England’s cricket international against Australia in Southampton was part-powered by a new solar array on the roof of the Utilita Bowl stadium. Over the summer the stadium has seen installation of 1,044 panels on its roof, which will provide roughly…
Insurer warns renewable energy installers over rising weather events
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Build-out of renewable energy facilities. May be delayed by contractor errors and defects, and weather events, GCube Insurance warns in a report titled “Arrested Development: Managing complex claims in the boom-and-bust world of renewables construction”. The insurer says historically, increased…