Battery owner Zenobe Energy has secured up to £20 million of funding to support a rollout of electric bus and charging infrastructure provided under service contracts to bus operators. The funding, from NatWest, is secured against the cashflows generated by Zenobe’s…
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Moyle interconnector upgrade will enhance ancillary services role
by New Power •
Work has begun on refurbishing the Moyle interconnector, a 500MW HVDC link owned and operated by Mutual Energy which links Northern Ireland and Scotland. Siemens Gas and Power won the project to refurbish the interconnector, whose control and protection system…
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14MW turbines on order for Sofia offshore wind farm
by New Power •
Innogy has placed a conditional order for 100 14MW wind turbines for its Sofia offshore wind farm with Siemens Gamesa Renewable Energy. Final investment decision on the wind farm – covering an area the size of the Isle of Man…
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Engenie signs new deal for retail park EV chargers, saying it has to ‘grab the grid’
by New Power •
Engenie has signed a partnership with real estate specialists, Brookhouse Group, to install rapid EV charging at ten retail sites across the UK, opening up rapid destination charging to customers visiting major retail brands such as Sainsbury’s, Tesco, Argos, Next,…
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Floating offshore wind development boosted as new members join centre of excellence
by New Power •
Ten offshore energy organisations have joined the Offshore Renewable Energy (ORE) Catapult’s Floating Offshore Wind Centre of Excellence. Offshore wind developers EDF Renewables, EDP Renewables, Equinor, ESB, Mainstream Renewable Power, ScottishPower Renewables, SSE Renewables, and Offshore Wind Power Ltd (OWPL),…
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BEIS grants £10M for ‘liquid air’ plant to provide 250MWh of storage at Trafford Energy Park
by New Power •
Carlton Power has entered into a joint venture agreement with Highview Power Storage Inc to build and operate a 50MW, 250MWh long-duration ‘liquid air’ (cryogenic) energy storage system. The two companies have created a joint-venture company, named Carlton Highview Storage,…
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BEIS seeks input: Alok Sharma MP calls for ‘ideas and insights’ on green recovery
by New Power •
How can the UK capture economic growth opportunities from the shift to net zero? Alok Sharma, secretary of state at the Department for Business, Energy and Industrial Strategy addressed that question at a round table last week and has invited…
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EDF signs battery optimisation deal with Zenobe Energy in search of ‘major role’ in market
by New Power •
Zenobe Energy has partnered with EDF to trade and optimise 59MW of its grid-scale battery portfolio, as part of which EDF will provide Zenobe with a floor price. The partnership covers Zenobe’s operational batteries in Claredown, Aylesford and Kings Barn…
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Social Market Foundation: UK needs its own investment bank
by New Power •
Government should act now to reform public investment in infrastructure and make it easier for pension funds to invest, says the Social Market Foundation. The SMF says to offer short-term economic stimulus, investment should focus on projects that can be…