Xlinks secures £30 million more, preps for next stage of Africa-Devon pipeline
British renewables mega-engineers XLinks have taken on £ 30 million of new equity, secured to fund the next phase in building their 3,800 kilometre...
Octopus pledges £1.5 bn to Japan & Asia
Green power mega developer Octopus will invest £1.5 billion in Asia’s energy markets by 2027, helping speed the region’s transition to cleaner, smarter energy.
The...
Ukraine trio spur Scottish Power towards Net Zero
Scottish Power’s call for 1,000 new recruits to speed up the UK's journey to Net Zero has been answered by a trio of skilled...
Tata induced to build UK’s biggest EV battery factory in Somerset
Ministers were celebrating this morning the decision of a consortium led by Indian conglomerate Tata to invest over £4 billion into a factory making...
Solar energy innovators Naked buff up with Baltic partners
British solar engineering innovators Naked Energy have signed their latest European distribution deal with Axioma Service, Lithuania‘s leading provider of comprehensive engineering services.
Linking generation of electricity...
Shelling out, Kraken’ on: Octopus buys Shell Energy UK & Germany
Octopus Energy Group today won a bidding contest to buy Shell Energy in the UK and Germany, taking on two million new home energy...
Konnichiwa, Kraken ! ‘Ows tha doin‘, Coventry?  Â
Staff at fast-growing Octopus Energy were today celebrating two business successes, saluting separately the mystical Orient and the somewhat less mystical West Midlands of...
Renewables firms turn up heat in Ohio and in Lithuania
Two UK-based innovators in the renewable energy space are stretching their wings, both westwards and eastwards.
Oxford-headquartered Velocys, convertors of end-of-life plastics into sustainable aviation...
Holyrood bets £9m on Morocco power line, primes 900 Hunterston jobs
Scotland’s part was confirmed today in high private sector ambitions to pump low carbon Moroccan wind- and solar-derived electricity to Britain under thousands of...
Octopus’ ‘heavenly wind’ to fan £3 Billion into Europe’s offshore turbines
The generation arm of internationally expanding Octopus Energy today announced its first ever dedicated investment drive focused on offshore wind, primed with capital from...
Piclo flexes to the Max, plans global trades for 2024
Trading platform provider Piclo is readying for launch a product that will enable its clients to trade flexibility capacity on global markets.
Starting in the...
Octopus boosts global expansion as shareholders come clean with £625 million
Existing backers of privately held Octopus Energy, now ranked as Britain’s biggest supplier of home energy, have today pledged £625 million - $800 million...
NG fires up Viking cable to Denmark, world’s longest at 475 miles
National Grid has turned on its £1.7 billion Viking subsea power link to Denmark, claiming the 475 miles of the 1.4GW project makes it...
Enviromena secures £200 million debt, swells 500MW pipeline
Berkshire-based renewable power developer Enviromena has agreed a £200m debt and construction facility with funders Close Brothers to fund its ambitions of building 500MWs...
Britain heads Europe’s offshore turbine boom, says trade group
2023 was the best year on record for new marine wind power across Europe, trade body WindEurope reports. Â A total of 4.2GW of offshore...
Downing buys 5 Swedish hydro dams
London-quoted investment trust Downing Renewables Infrastructure DORE has paid £6 million to complete the purchase of five hydropower plants in Sweden.
The dams, including one...
Drax preps US-based BECCS division to speed global carbon removal
Biomass energy leviathan Drax is targeting global leadership in carbon removal, as it sets up an independent unit to drive development of its new-build...
Penso allies to enter Italian storage market
Utility-scale storage developer Penso Power is venturing for the first time into Italy’s power market.
The company already has operations in Britain and Australia. Now...
New boss for Morocco-to-Devon solar & wind venture
Xlinks, developers of a £16 billion scheme to pipe solar & wind power from Morocco to Britain, have a new CEO.
James Humfrey, pictured, has...
Cable builder launches in-house Scots centre to train apprentices
The start-up aiming to wire up Europe's longest subsea cable-link as part of a £16 billion venture to import Moroccan sun and wind power...