Flowgroup is to sell energy supply business Flow Energy to Co-Operative Energy for £9.25 million, saying planned price caps would make it less likely customers would switch supplier. In November the company decided to maintain customer levels below 250,000 so…

Read more →

Tenaga Wind Ventures UK has refinanced its 80% interest in GVO Wind  and Bluemerang Capital, two onshore wind companies acquired on 28 February. The company, a wholly owned subsidiary of Malaysian utility Tenaga Nasional Berhad, opened a £120 million refinancing facility with Bayerische…

Read more →

Siemens is to design and build a decentralised gas peaking plant in Stockton on Tees for Hartree Partners, comprising six SGE86-EM 2MW containers. The peaking plant at  use Siemens’ E-series engines designed for gas peaking plants, industrial power generation and…

Read more →

It will be easier for solar PV installations up to 200kW to connect in Scotland because Scottish Power Energy Networks (SPEN), the distribution network operator (DNO) has agreed to relax restrictions. STA Scotland provided SPEN with  evidence on the modest network impact…

Read more →

Origami Energy, whose technology platform helps companies manage and offer flexibility in energy markets,  has raised £18.6 million in new funding. Current investors who participated in this funding round include Octopus Ventures, Cambridge Innovation Capital and Fred Olsen-related companies. The funds will…

Read more →

InfraStrata, the gas storage developer working on a project at Islandmagee in Northern Ireland, has announced it now has working capital to the end of 2018 after competing new fundraising. A share offering through broker SI Capital Limited has raised £925,000.…

Read more →

Scottish Enterprise has awarded Aggreko UK a £1.5 million research and development (R&D) grant for three projects, which will see the company invest £33 million in its Dumbarton facility and create 23 new jobs. The three projects being supported by…

Read more →

SSE Airtricity is to acquire 40% of Activ8 Solar Energies, a supplier of rooftop solar systems to home and business customers. The acquisition is subject to approval by the Competition and Consumer Protection Commission. Under the terms of the agreement SSE…

Read more →

ITM Power and Shell have installed a new hydrogen refuelling station at Shell Beaconsfield in Buckinghamshire. Shell Beaconsfield on the M40 will be the first site in the UK to bring hydrogen under the same canopy as petrol and diesel. The…

Read more →

Utilita is to acquire 16,000 prepayment customers from small supplier Toto Energy. The customers will be transferred on 10 April and Utilita has promised to honour customers’ current tariffs – including unit rate and standing charge – until at least 30…

Read more →