News

Rusholme battery to begin trading in August

Harmony Energy Income Trust says its 70 MWh / 35 MW Rusholme battery project has been successfully energised and is expected to be fully operational in all markets in early August.  The Rusholme project, located in North Yorkshire, is the Company’s sixth…

August CfD auction pot boosted to £.5 billion

Secretary of State Ed Miliband has announced the budget for this year’s Contracts for Difference (CfD) round, the sixth, is being increased by £500 million to over £1.5 billion. Of that, £1.1 billion is set aside for offshore wind –…

Elexon to take on local market facilitator role

Energy regulator Ofgem has conformed that the new market facilitator for local energy flexibility will be Elexon, the company that currently has responsibilities in market settlement and managing low carbon subsidy flows, as well as in delivering market-wide half hourly…

UK pension funds increase stake in solar PV

UK pension funds will take a stake in nine solar farms as part of a strategic partnership with Bluefield Solar, a fund focused on acquiring and managing solar energy assets. GLIL is a partnership of UK pension funds, investing into…