SSE Thermal and Equinor are jointly to acquire Triton Power Holdings from Energy Capital Partners for £341 million. Triton Power operates the 1.2GW Saltend CCGT and CHP power station, as well as the 140MW Indian Queens OCGT and the decommissioned…
News
Thrive Renewables opens crowdfunding for new projects
by New Power •
Thrive Renewables has launched a crowdfunding offer, aiming to raise at least £5 million to build new renewable energy generation and storage across the UK. The share offer is promoted by Triodos Bank UK, through its crowdfunding platform. Thrive Renewables…
News
Wärtsilä adds SSE to partners for 50MW battery installation
by New Power •
Wärtsilä and SSE have joined forces to install a 50MW/100MWh battery in Salisbury, Wiltshire. The battery will be the first from SSE’s new solar and battery division to be connected directly to the transmission network. It is expected to start…
News
Solar fund starts work on two subsidy-free PV projects, plans to retrofit batteries at five sites
by New Power •
NextEnergy Solar Fund has begun construction of Whitecross, a 36MW subsidy free solar farm in Lincolnshire, it has announced. It has begun preparing for construction of a second solar farm, the 50MW Hatherden installation. The two UK solar farms will…
News
Wind ‘compensated for shortfall’ in other generation last winter, says NGESO
by New Power •
Last winter, wind generation output compensated for any shortfall in other forms of generation on many of the days when demand/supply margins were tight, according to NGESO. In a summary of the 2021/22 winter and consultation about the upcoming winter…
News
Global investors: UK regulatory framework needs urgent reform to deliver Net Zero infrastructure
by New Power •
The UK needs a ‘step change’ in infrastructure investment to meet its Net Zero goals, but it will not attract the investment required without an urgent programme of policy and regulatory reform. That was the stark message from the Global…
Longread
Demand side ‘pull’ is needed to deliver renewables
by New Power •
Customer support is needed to deliver renewables faster and more efficiently, Accenture found in research, with contributions from Eurelectric The demand side – customers, and society as a whole – will be fundamental to meeting Net Zero goals as fast…
Editor's blog, News
Industry welcomes ‘Go To’ renewables plan – but warns the name undermines it
by New Power •
The renewable energy industry has to ramp up installation rates to three or four times their current level for wind and solar to meet the EU’s renewable energy goals, delegates at Eurelectric’s annual meeting heard last week. The ambition is…
News
Aggreko research finds manufacturers want on-site power to counter bill increases
by New Power •
Over 60% of UK manufacturers are now considering generating their own electricity using distributed solutions – a 12% rise from 2019 – according to a survey by temporary power supplier Aggreko. The company’s survey of 251 manufacturing companies found rising…