Shell is to buy European on-street chargepoint company Ubitricity. Subject to regulatory clearance, the deal is expected to be completed later this year. Founded in Berlin, Ubitricity operates in a number of European countries, and claims the largest public EV charging…
News
Humber site to host processing facility for ‘rare earths’ that are key to batteries used for storage and wind turbines
by New Power •
Pensana Rare Earths has announced plans to build the UK’s first rare earth processing facility at Saltend Chemicals Park in the Humber Local Enterprise Partnership. The company has submitted a planning application for the $125M facility, the FT has reported.…
News
Eelpower finds Swiss infrastructure fund backer to build battery storage at scale, aims at 1GW
by New Power •
Eelpower has sold 40MW of existing electricity storage assets to SUSI Infrastructure Partners and won funding from to construct and operate a pipeline of new build battery storage assets that could reach 1GW The first stage of the partnership will see…
News
Brexit TCA dashes hopes of £15M annual saving on electricity balancing costs – NGESO seeks feedback on the way forward
by New Power •
The UK’s exit from the EU has shut the GB electricity market out of sharing arrangements for backup power that the UK’s system operator estimates would cut GB balancing costs by €17M (£15.4M) a year. Now NGESO is seeking industry…
Perspective
OPINION: Heat networks can offer a flexible approach to decarbonisation – tell us your story
by New Power •
In just five years time renewables are expected to overtake coal to become the largest source of electricity generation worldwide, supplying one third of the total. Andrew Cripps, director sustainability, buildings and places at AECOM, part of the Triple Point Heat…
News
Anesco and Gresham House join forces for £100M solar farm rollout
by New Power •
Anesco and Gresham House are embarking on a £100M solar rollout that is expected to see 200MW of ground-mounted projects installed over the next three years. Asset manager Gresham House will fund the portfolio, which will comprise sites ranging in size…
Longread
INTERVIEW: Mark Futyan, Anesco
by New Power •
Mark Futyan started work on transforming Anesco just before the lockdown started. But as he told New Power in this interview first published in August 2020, transforming a relatively small company like Anesco was a very different prospect than making…
News
Gulf steps into e-mobility space as it joins Clean Growth Fund with £6M stake in Indra smart EV charge company
by New Power •
Gulf Oil International has moved into the e-mobility sector, investing alongside UK venture capital fund, the Clean Growth Fund, in smart EV company Indra. The two will inject £6million of investment into Worcestershire-based Indra, which manufactures a range of smart…
News
ACT NOW: recruitment starts for ten community energy ‘mentors’, to help kick start more projects
by New Power •
CSE, Power to change and Cooperatives UK want to stop community energy groups ‘reinventing the wheel’ and are recruiting up to ten mentors to help groups. The aim is to speed up the learning process, create successful and replicable projects,…