Independent power producer Low Carbon has signed optimisation agreements with three companies for four of its batteries, totalling 95MW. Habitat Energy (Meadow, 10MW, and Sandon Brook, 35MW), Flexitricity (Fern Brook, 20MW) and EDF (Birch, 30MW) optimise across different markets, on…
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Field acquires two Scottish battery projects from RES
by New Power •
Renewable energy infrastructure company Field is to acquire two batteries from RES. Holmston in Ayr (South Ayrshire) and Drum Farm in Keith (Moray), Holmston and Drum Farm have a combined capacity of 100MW / 200MWh. Katie Marsh, Head of Corporate…
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AMP to start up four-hour battery storage in 2024
by New Power •
Energy company AMP Clean Energy (AMP) has announced plans to start construction of four battery projects that can export for up to four hours. Most batteries currently available in the UK offer one-hour or two-hour export. AMP’s ‘Urban Reserve Storage’…
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Amazon CPPA covers more than half of Moray West capacity
by New Power •
Amazon is to buy more of the power produced by Ocean Winds’ Moray West wind farm offshore of Scotland. It has signed a corporate power purchase agreement (CPPA) with Engie (a joint venture partner in Ocean Winds, with EDP Renewables),…
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Downing acquires 4200 residential solar installations
by New Power •
Investment manager Downing LLP has acquired a portfolio of 4,200 solar PV residential installations across England and Wales. The portfolio was acquired from Foresight for around £26 million. The renewable energy and infrastructure arm of Downing Estate Planning Service has…
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AlphaReal takes on solar farm, says pension funds and insurers will increase solar assets
by New Power •
AlphaReal has completed the acquisition of a 40.36MW newly commissioned solar site. The real assets investment manager has acquired Bubney Energy Centre in Shropshire. The site covers 150 acres and is currently the largest ground-mount solar site in AlphaReal’s renewable…
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Heat networks funded to draw on waste heat from sewers and industry
by New Power •
Homes and businesses in Bolton could use waste heat from sewers, as one of several innovative green heating projects to receive grants from the government’s Green Heat Network Fund. The grants total £80.6 million. The Bolton project, with £11 million…
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EDF announces further delay and cost increase at Hinkley Point C
by New Power •
Hinkley Point C could be delayed until 2031 and cost as much as £35 billion, in 2015 values, EDF has said in an update on the plant construction. The company said in May 2022 that the start of electricity production…
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Government adds £1.3B to its Sizewell C investment
by New Power •
The government has invested £1.3 billion to support the construction of Sizewell C. The largest funding package to date “consolidates the government’s position as the majority shareholder in the project”. It follows a £700 million funding pledge in November 2022…