Vanadium flow storage company Invinity has raised £29 million in a new share offering and said “the timing is right to make Invinity’s utility-grade energy storage available to the global market”. It said over 25MWh of the company’s Invinity VS3…

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Facilities management company Mitie expects its energy-focused projects business to double to £200 million in FY23, it said in a financial update. Mitie announced the acquisition of connections company Rock Power Connections on 1 November. Carlo Alloni, Managing Director, Technical…

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SSE has announced a £12.5 billion five-year strategic capital investment plan that includes delivery of over 25% of UK’s 2030 40GW offshore wind target – a 65% step-up in annual investment on its previous plan. It also plans to invest…

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Piclo has launched Piclo Exchange, a secondary trading marketplace for Capacity Market Providers. The Capacity Secondary Market has seen almost 300 trades in each of the previous two delivery years, worth between £15M and £35M, Piclo says. Now Capacity Market…

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Massachusetts Mutual Life Insurance, a US life insurance giant, has joined forces with UK-based Low Carbon Limited to become a European independent power producer (IPP), which is targetting 20GW of renewable energy capacity by 2030. The partnership says it will…

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H2 Green has signed an agreement with Shoreham Port Authority that gives it exclusive rights for two years to develop a ‘renewable energy hub’ with port-based hydrogen, ammonia and new onshore wind and solar power generation capacity at the Port…

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Ofgem is issuing five suppliers with provisional orders, compelling them to pay £575,000 in total for the Feed-in Tariff scheme, which provides payments to owners of small-scale renewable energy generators, and is funded through compulsory levies on suppliers. The suppliers…

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Development consent has been granted for a 95MW electricity from waste plant at Stallingborough. The consent for EP Waste Management’s South Humber Bank plant replaces earlier consent granted for a 49.9MW plant at the site, without increasing the maximum fuel…

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Invinity Energy Systems says it has delivered its third and final storage cluster to ‘Energy Superhub Oxford’, one of three demonstrator projects part-funded by the UK government’s Industrial Strategy Challenge Fund that include rapid vehicle charging. The full system at…

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