Bluefield Solar has acquired a portfolio of 15 solar farms totalling 64.2MW for an initial £106.6m, which may rise up to £108.7 if asset life extensions are secured. Eight sites are in the south west of England, two in west…
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Mary Quaney takes reins as CEO at Mainstream Renewable Power
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Mary Quaney, former CFO at Mainstream Renewable Power, has become CEO following Andy Kinsella’s resignation. She has been with the firm since 2009 and joined the board of directors last year. Mainstream chairman, Eddie O’Connor, Quaney would “lead Main Mainstream…
As government leans toward RAB regulatory model for CCS, SSE calls for double the ambition
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SSE has called on government to more than double its support for carbon capture and storage. The March Budget committed £800m to support “at least two” clusters via the CCS Infrastructure Fund. SSE wants at least five. Earlier this week…
Ovo pays £1.2m for SSE’s missed smart meter targets
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Ovo will pay £1.2m in redress after SSE Energy Services failed to meet its smart meter installation target for 2019. Ovo acquired the SSE’s domestic retail customers earlier this year for £500m. SSE paid a smaller penalty, £700,000 the year…
WPD and Ricardo to test DC option, aiming to hike EV charging capacity
by New Power • • 0 Comments
Western Power Distribution (WPD) has joined with Ricardo Energy and Environment to trial a new way of expanding capacity for electric vehicle charging, at a site in Taunton, Somerset. The DC Share project, which has received £4.7 million in funding…
Innova Energy adds solar farm supplying Coca Cola to dedicated corporate portfolio
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Innova Energy has acquired a 5MW operating solar plant in Wakefield, West Yorkshire, which supplies the largest soft drink bottling facility in Europe. The solar plant at the site, operated by Coca-Cola European Partners, was commissioned in 2017 and accredited by…
Settlements company Elexon promises to be a ‘critical friend’ to innovators as it opens Sandbox to trial new proposals
by New Power • • 0 Comments
Elexon has launched a new support service so that innovators can trial products and services which could transform the electricity sector. The company handles settlements for the power industry and manages the associated rulebook, the Balancing and Settlement Code (BSC). Its…
Aceleron wins £2M investment for ‘circular economy’ battery
by New Power • • 0 Comments
Battery developer Aceleron has won £2 million of equity investment, with £1.45 million from BGF and the remainder from existing investor Mercia Asset Management. The investment will enable Aceleron to scale the production of its ‘circular economy’ battery technology, doubling…
SPEN takes a real-time look at network loading with new software
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SP Energy Networks has joined forces with Sia Partners to use new forecasting software to more closely manage the network and make better use of locally-generated power. The new approach combines historical network data, detailed weather data and artificial intelligence…
National Grid Net Zero scenarios raise the question: gas or no gas?
by New Power • • 1 Comment
Gas would virtually disappear from the UK’s energy mix in two scenarios to meet legally-binding commitments to reach Net Zero carbon emissions by 2050. In the two scenarios (Consumer Transformation, and Leading the Way) put forward by National Grid Electricity System…