Energy storage fund Gore Street has announced plans for a new fundraising after acquiring a 57MW construction-ready energy storage project in Leicester, bringing its UK and Ireland portfolio to 577MW operating or under construction. The £22 million Leicester project is…

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SSE has signed a Memorandum of Understanding with IGas subsidiary GT Energy UK Limited for the development of a geothermal district heating project in Stoke-on-Trent. SSE will develop and deliver a district heating network in Stoke-on-Trent working with GTE and…

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Ecotricity has beefed up its cash offer to Good Energy shareholders by 18%, as it tries to take over its fellow green energy specialist. Ecotricity announced on 16 September that it would increase its offer from 360p to 400p. Ecotricity…

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Solar investment company NextEnergy Solar Fund (NESF) has joined with energy storage company, Eelpower in a £100 million joint venture partnership which has signed its first acquisition of a 50MW standalone utility scale battery energy storage project. The 50MW storage…

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‘Energy efficiency as a service’ company eEnergy Group has acquired energy consulting and procurement business Utility Team for £21 million. It also took on a 5% share in UtilityTeam Trading. The initial consideration represents an acquisition multiple of 7.1x of…

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Osprey Charging has announced plans for over 150 high-powered electric vehicle (EV) charging hubs across the UK, totalling 1500 charging points, by 2025. The sites, which will be on strategic A-roads and adjacent to motorways, will have 150-175kW rapid chargers.…

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Over the coming year Ofgem should complete an urgent review of the grid in Scotland and within six months it should review the financial burden of transmission charges in Scotland, says the Scottish Affairs Committee. It wants transmission charges and…

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Mitie is offering to install EV chargers companies as one of four new ‘Plan Zero BoltON packages’ that do not require capital upfront. The packages cover remote building management (Pulse), solar power (Shine), lighting optimisation (Glow) and electric vehicle (EV)…

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Two energy suppliers, Utility Point and People’s Energy, have announced that they are ceasing to trade. Utility Point supplies gas and electricity to around 220,000 domestic customers. People’s Energy supplies gas and electricity to around 350,000 domestic customers and around…

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