IGas and Cornish Lithium have agreed heads of terms to develop geothermal heating projects, and are considering sites to jointly develop a pilot scheme. The companies say a technical and commercial evaluation of a number of potential project locations is…
News
Habitat Energy strikes deal to manage two batteries for Eelpower
by New Power •
Energy storage company Eelpower has signed a three-year optimisation agreement for two 50MW batteries with Habitat Energy. The batteries are being built as part of Eelpower’s 2021 joint venture arrangement with Swiss infrastructure fund manager SUSI Partners. The projects, at…
Editor's blog
The rooftop PV experience – one week after installation
by New Power •
Yesterday at about 11am I ran away from my desk to put the washing on, vacuum the house and plug in anything that needs recharging. Work distractions apart, it’s unusual behaviour for me during the working day. But I suspect…
News
Whoop Energy and Xcel Power cease to trade
by New Power •
Whoop Energy and Xcel Power have ceased to trade and entered the supplier of last resort process. Whoop Energy supplies 262 gas and electricity customer accounts, of which 212 are non-domestic and 50 domestic. Xcel Power has 274 customer accounts,…
News
Moneysupermarket saw energy switching revenues at zero in Q4 2021, expects zero energy revenue in 2022
by New Power •
Switching site Moneysupermarket saw no revenue from energy switching in the last quarter of 2021 because high wholesale energy prices meant there were no switchable energy tariffs available from October. The company said it was assuming that energy revenue would…
News
Swansea Moto gets Wales’s first fast-charging EV hub
by New Power •
Service station operator Moto said it was accelerating plans to open fast charging points at its sites this year, as it opened a Gridserve Electric Hub – Wales’ first high-powered electric vehicle (EV) charging hub – at Moto Swansea. The…
News
Nova Innovation to place 15MW tidal turbine in Yell Sound
by New Power •
Nova Innovation has been awarded an Option Agreement from Crown Estate Scotland to develop a 15MW tidal array at Yell Sound, between the islands of Yell and Bigga. The new project follows Nova’s earlier tidal array in neighbouring Bluemull Sound,…
News
Greencoat acquires County Kerry wind farm
by New Power •
Greencoat Renewables has acquired Tullahennel wind farm from funds managed by affiliates of Apollo Global Management, Inc. The windfarm, in County Kerry, Ireland, and consists of 13 GE 2.85MW turbines that have been operational since September 2018. The windfarm’s revenues…
News
Dungeness B closure ‘a crushing blow’ says EDF director
by New Power •
The closure of the nuclear power plant at Dungeness B was a “crushing blow”, Jerry Haller, nuclear decommissioning director at EDF Energy, told the Parliamentary Accounts Committee last week in a session on the future of the UK’s AGR reactors,…