BP’s profits soar to $ 8.2bn in third quarter
Oil and gas supermajor BP beat analysts’ predictions for the year’s third quarter, this morning announcing profits of £ 7.1 billion/ $ 8.2 billion,...
NextEnergy Solar extends paw, takes Lion’s share of 250MW battery portfolio
Battery investment fund NextEnergy Solar (NESF) is set to pay £32.5 million for development rights on an unbuilt portfolio of two-hour grid-scale storage, set...
Carbon capture: Barclays & Clean Growth Fund cement £4.4 m deal with Queen’s, Belfast...
A Northern Irish start-up delivering a key enabling component in evolving carbon capture and storage (CCS) processes has won the cash backing of the...
H2 trick! Carlton nets third hub, secures consent for City’s green gas plant serving...
Manchester’s third hat-trick in 24 hours arrived this morning, as innovators Carlton Power announced planning clearance for the North West’s first low-carbon hydrogen hub.
Trafford...
WPD claims lead among DNOs with UK’s first “connectability pledge”
Britain’s grid operator serving the Midlands and Wales reckons it’s getting ahead of a major regulatory change in how DNOs charge for installing low-carbon...
Bluefield scoops AR4 CfD contracts for 62.4MW of new solar
British renewable investors Bluefield Solar Income Fund have announced their receipt of Contracts for Difference (CfDs) covering 62.4MW of new planned capacity through the...
Octopus & public pension fund partners buy 12.5% of world’s biggest windfarm
Renewables mega-investor Octopus Energy Group is teaming up to pay a combined £400 million for a one-eighth stake in Hornsea One, the world’s biggest...
Hydrogen in Airbus’s wings: planemaker backs low carbon flying, as Cotswold minnow ponders fuelling...
Hydrogen as commercial aviation's clean fuel of the future has gained altitude and higher credibility, following a big investment decision from European planemaker Airbus.
Toulouse’s...
Johnson Matthey pump £80 million into Hertfordshire H2 fuel cell factory
Metallurgy and clean tech innovators Johnson Matthey are to build an £80 million plant in Hertfordshire, scaling up production of proton exchange membrane (PEM)...
DNOs react to Ofgem’s RIIO-ED2 direction
Regional network monopolies are girding their loins for the last leg of negotiations with Britain’s power regulator, before it binds them in December to...
Merseyside WTE plant for Eqtec and Anaergia
Hydrogen and biofuels firm Eqtec is partnering up to build a multi-input waste-to-energy plant at Southport’s Hybrid Energy Park, Merseyside.
The technology innovators announced this...
Octopus and UK Infrastructure Bank entwine, eager to splash cash
State-backed but operationally independent green investor, Leeds-based lender the UK Infrastructure Bank (UKIB) today laid the cornerstone for funds providing ‘second stage’ capital for...
Greencoat pays £400 million for eighth of Hornsea 1, world’s biggest offshore wind farm
The purchase from current half-owners Global Infrastructure Partners is expected to complete before this October.
It will leave ownership of the 1.2 GW Hornsea 1...
Bluefield pays £112.4 m for 93.2 MWp of wind & solar, gives investors till...
Fast-expanding UK-focused clean energy investor Bluefield Solar Income Fund has bought 15 solar farms and four wind farms, and today announced a rights issue...
Gresham House stores up projects, packs unbuilt pipeline to 717 MW, eyes Anglo phone
Britain’s biggest investment fund for grid-scale batteries charged ahead in 2021, posting record figures today. Overseas markets beckon, its chairman signalled this morning.
Gresham House...
Chancellor nixes VAT on home solar, heat pumps, turbines & energy efficiency, exempts commercial...
Rishi Sunak’s spring financial statement this lunchtime saw the Chancellor scrapping VAT on home solar, heat pumps and energy efficiency materials for five years,...
Green Heat Networks Fund to offer £288 million for hot and cool pipes
Energy ministry D-BEIS today advertised its intention to seek bids from heat network operators, eager to extend low carbon heat and chills to homes...
“Good I – for amps -, son?” Bluefield pays £1.5 million for battery project...
The closed end fund today announced it has bought development rights, grid connection costs and leasehold rights for a 20MW storage project, due to...
Sizewell C: Kwarteng finds £100 million to lure investors
Prospects for Sizewell C, Britain’s second new nuclear mega-project, advanced today as energy secretary Kwasi Kwarteng confirmed £100 million of government cash to encourage...
“Mid-West” municipal developer targets 250MWp of solar by 2025
Swindon Borough Council’s renewables development arm has sealed a deal with private partners to expand its grid-scale PV and battery portfolio.
The municipally controlled Public...