EU bank announces its first sustainability-linked loan of €600m
The European Investment Bank (EIB) has announced its first ever sustainability-linked loan totalling €600 million (£516m). It has signed off the first €300 million (£258m) tranche of the loan following...
View ArticleRenewable electricity capacity to increase by 60% in the next five years, IEA...
The International Energy Agency (IEA) has today updated its forecast for the global renewable electricity capacity, predicting that renewable installations will soar by more than 60% by 2026. The new...
View ArticleAustralia announces $100m fund to support grid-scale batteries
A new competitive funding round worth AUD$100 million (£53,5m) has been announced to support next generation grid-scale batteries in Australia. The Australian Renewable Energy Agency (ARENA) will...
View ArticleGas and coal prices in GB market ‘rise to their highest ever levels’
Britain’s gas and coal prices soared to all-time highs in the first quarter of this year following Russia’s invasion of Ukraine. That’s according to the latest electricity market report by EnAppSys...
View ArticleOctopus spins into action with German wind farms
Octopus Energy Generation, the renewable generation arm of Octopus Energy Group, has announced two wind farm deals worth a combined 57MW of capacity. In the first deal, Octopus Energy Generation...
View ArticleWebinar: Fully funding onsite renewable energy in the post subsidy era
Marubeni Europower is a subsidiary of the Marubeni Corporation. Operating for over 50 years in Europe, Marubeni are a leading investor in renewable energy who develops and operates, Independent Power...
View ArticleOfgem says seven suppliers owe £34m in RO and FiT fees
Ofgem has ordered seven energy suppliers to pay £34 million they owe in Renewables Obligations (RO) and Feed-in Tariff scheme levelisation payments. Under the governments’ RO scheme, suppliers have to...
View ArticleUS Government provides $160m for advanced nuclear reactors demonstration
The Department of Energy (DOE) has announced $160 million (£124m) in initial funding for the demonstration of advanced nuclear reactors in the US. It is providing $80 million (£62m) each to US-based...
View ArticleESO launches early constraint service to slash consumer energy bills
The ESO has initiated an early constraint management service in East Anglia, set to reduce consumer energy bills. Contracts have been awarded to three generating companies with ten units, beginning in...
View ArticleNew Alyth substation powers up
After nearly three years of construction, SSEN Transmission marks a milestone with the energisation of the new Alyth Substation. Developed in collaboration with principal contractor Siemens BAM, the...
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