Two offers made to buy the Green Investment Bank (GIB) were both below the government’s minimum acceptable valuation, according to the National Audit Office (NAO). Macquarie, the winning bidder, raised its offer during the process, but at the same time it…
News
BSR takes over O&M for Westmill solar farm
by Annabel Andrews •
British Solar Renewables has won a contract to operate and manage the UK’s first community-owned renewable energy project, Westmill. The co-operative that runs the solar farm chose BSR to manage the 5MW project following a competitive tender, and the contract…
News
Train ‘third rail’ an ideal client for solar PV, says new report
by New Power •
Solar PV linked directly to the rail system could supply a significant parti of the system’s power needs, according to a new report, “Riding Sunbeams” supported by 10:10, Imperial College, Innovate UK and Community Energy England. The researchers found that…
News
10MW battery consented for Perthshire
by New Power •
Capbal has won planning consent for a 10MW/5000kWh battery unit on the Feddal Estate, Perthshire. It is Capbal’s first storage scheme in Scotland to secure planning consent. Capbal expects the Braco facility to enter operation in mid-2019. Its business partner, NEC,…
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Smart Energy Europe warns over threat to IEM open market rules with proposed exemptions for ancillary services
by New Power •
Smart Energy Europe has raised an alarm over proposed changes in the proposed design of the EU’s Internal Energy Market that would allow transmission system operators (TSO) to own and operate storage and provide more ancillary services themselves. The group…
Editor's blog
OPINION Tales of the unexpected: innovation needs a willingness to think differently
by New Power •
Another day, another industry meeting. First on the agenda: innovation. The industry needs fresh ideas. It has to break the mould. There are new technologies, new services, new offers out there that could make our system better, serve customers and…
News
Simec acquires Green Highland Renewables
by New Power •
Ancala Partners has sold its hydro power business, Green Highland Renewables to Simec, the energy arm of the global energy, metals and industrials group, the GFG Alliance. The transaction is unconditional and is scheduled to complete before the end of…
News
MPs call on CMA to probe SSE/Npower retail merger
by New Power •
MPs on the Select Committee on Business, Energy and Industrial Strategy (BEIS) have called on the Competition and Markets Authority (CMA) to scrutinise the proposed merger between SSE and Npower’s retail arms. The committee wants the CMA to carry out a…
News
Batteries will be derated in Capacity Market auction, BEIS confirms
by New Power •
The government is to go ahead with plans to derate electricity storage facilities that provide power for less than four hours: the change will apply in the forthcoming Capacity Market auctions for 2021/22 and 2018/19. Some 6GW of storage has…