Octopus Renewables looks to further growth after strong first year results

World entering ‘new epoch’ as solar set to become most economic source of generation by 2030

By 2030, all of the world’s solar resource will be economic in comparison to local fossil fuel generation, according to a new report from thinktank Carbon Tracker. Already around 60% of global solar generation is economic – with 15% of wind resource being economic – a figure expected to grow to more than 50% by 2030. This is […]

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Gresham House completes acquisition of first Scottish battery site

Gresham House completes acquisition of first Scottish battery site

Published: 22 Apr 2021, 10:08 The acquisition brings Gresham House’s portfolio up to 425MW, made up predominantly of projects in England like Red Scar (pictured). Image: Gresham House. Gresham House Energy Storage Fund has completed the acquisition of the c.30MW Byers Brae project for a total value of £15.6 million, plus up to £0.35 million

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MAN Energy Solutions to provide LAES turbomachinery for 250MWh Highview Power CYROBattery

MAN Energy Solutions to provide LAES turbomachinery for 250MWh Highview Power CYROBattery

Published: 21 Apr 2021, 14:39 Image: MAN Energy Solutions. Highview Power has chosen MAN Energy Solutions to provide its LAES turbomachinery solution for its 50MW/250MWh CRYOBattery under development in Carrington Village, Greater Manchester. The MAN turbomachinery train is to form the core of the liquid-air energy storage facility, which Highview claims will be one of the largest

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Construction commences on Voltalia's 32MW/32MWh battery

Construction commences on Voltalia’s 32MW/32MWh battery

Published: 20 Apr 2021, 12:43 The Hallen Battery will provide frequency, balancing and other ancillary services to the national grid. Image: Getty. Voltalia has announced the beginning of construction of its 32MW/32MWh Hallen battery energy storage system. The lithium-ion battery asset is to be located near the city of Bristol in the Avonmouth area and

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Virgin Money agrees multi-million pound financing deal with Gresham House

Virgin Money agrees multi-million pound financing deal with Gresham House

Published: 20 Apr 2021, 10:36 Image: Gresham House. Virgin Money has agreed a new financing partnership with Gresham House Solar Distribution, providing a £18 million revolving credit facility to facilitate the growth of solar assets. The deal is the bank’s largest transaction in the renewables sector to date, and a step towards its goal to

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SOLARWATT records 'exponential growth' as it makes new UK hire

SOLARWATT records ‘exponential growth’ as it makes new UK hire

Published: 16 Apr 2021, 16:06 Trevor Trelevan, who has been appointed as technical support and sales engineer. Image: SOLARWATT German PV manufacturer SOLARWATT is gearing up for UK growth with the appointment Trevor Treleven as technical support and sales engineer. Treleven is to work with UK sales manager Neal Goddard to provide expert technical support

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RWE’s first European battery goes live in Dublin, Ireland

RWE’s first European battery goes live in Dublin, Ireland

Published: 15 Apr 2021, 10:37 Image: RWE. RWE Renewables’ first European battery – an 8.5MWh project – has gone live in Dublin, Ireland. The battery is set to provide balancing services to the Irish grid to help it integrate increased renewable energy, with a target of 70% of electricity demand to be met by renewables by 2030. Located

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