So far the narrative over power supplies during the Coronavirus measures has been one of falling demand. That is because swathes of industry and commerce has been winding down. But how much increase in domestic demand is that masking? With…
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Foresight and Belltown join forces to develop 300MW of onshore wind
by New Power •
Foresight Group and Belltown Power have formed a joint venture to develop Belltown’s pipeline of onshore wind energy projects across the UK under the existing Belltown brand. They aim to deliver more than 300MW from sites predominantly in Scotland and…
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E.On says move to Octopus Energy’s Kraken customer platform will make it ‘market leading’ on costs
by New Power •
E.On says it will have the lowest costs in the industry and will boost earnings by £100 million annually by 2023 by moving to a new customer service platform to be completed in partnership with Kraken Technologies, part of Octopus…
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Covid-19: Crown Estate adjusts offshore wind Round 4 tender schedule
by New Power •
The Covid-19 energency has delayed plans to award leases for a new fleet of offshore wind farms. The Crown Estate, which owns the sea bed, said it now expects that invitation to tender stage one will open in the week…
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Greencoat Renewables makes first French wind acqusition
by New Power •
Greencoat Renewables has begun an expansion into mainland Europe. It has acquired three operating wind assets in France from John Laing Group for €30.3 million. The portfolio comes with 16-year long-term fixed-rate project finance and have an overall net enterprise value…
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Minety: big battery storage project gets bigger
by New Power •
The Minety battery storage project in Wiltshire – still under construction – is set to be expanded after developer Penso Power secured land rights, planning permission and a grid connection offer to extend the 100MW project by a further 50MW.…
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Energy suppliers promise no disconnections and help for customers disrupted by Covid-19
by New Power •
The energy industry and the government have agreed measures to protect the domestic energy supply of those in need during the Covid-19 disruption. Up to 4 million customers with pre-payment meters who may not be able to add credit can…
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Wave Hub up for sale
by New Power •
Cornwall council has decided to put Wave Hub, a grid-connected offshore device used to test and develop wave energy devices, up for sale, Cornish Stuff website reports. The Hub has been in place since 2010 with four test slots available. Although…
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Two small suppliers cease trading
by New Power •
Small suppliers Gnergy and Better Energy have ceased trading. Nottingham-based Better Energy was one of nine companies in breach of the requirement to be Data Communications Company (DCC) users. It gave up its supply licence in February and went into administration…