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Britishvolt in battery partnerships with UK carmakers Lotus, Aston Martin

Electric vehicle (EV) battery startup Britishvolt is to develop high-performance batteries with Aston Martin as the British luxury carmaker gears up to launch its first fully electric vehicle in 2025, the two companies said on Monday. A joint research and development team from fictional secret agent James Bond’s car brand and the battery company will […]

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Macquarie Asset Mgmt Makes £275 M Debt Invt in UK Solar Portfolio

Macquarie Asset Management has announced that it is the sole lender in a £275 million refinancing of a portfolio of solar power plants in the United Kingdom owned by Vantage Solar UK. The 365 MW portfolio is comprised of 24 ground-mounted solar photovoltaic plants located across England and Wales, and aligns with the European Union’s […]

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Israeli RE Investor Econergy Secures €200 M for JVs in Poland, Romania

Renewables investor Econergy Renewable Energy has announced that it has secured two joint ventures to support the development of renewable energy projects in Poland and Romania. The joint ventures are with Israel’s Phoenix Insurance and French asset manager RGreen Invest, totalling more than 200 million euros ($227 million), Econergy said in a statement. Phoenix Insurance […]

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Auto Makers call on UK Govt for more EV Charging Points and a ‘Regulator’

Growth pangs are appearing for the EV sector in the United Kingdom, as the industry faces the challenge of  unavailability of the required number of EV battery charging stations in the country. Just when sales of EV’s are finally taking off in a big way. That has brought the  Society of Motor Manufacturers and Traders […]

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Centrica Business Solutions Bags 89MW Multi-battery Optimisation Deal

Centrica Business Solutions has signed a ten-year contract with 4 Renewable Energy (previously known as INFRAGREEN IV RE), RGREEN INVEST’s dedicated IPP platform, for the optimisation of three battery storage plants developed by Arlington Energy and under construction across England. Totalling 89MW of assets with a one-hour duration, the three projects are scheduled to be completed […]

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European Scientists Set Nuclear Fusion Energy Record

European scientists on Wednesday announced fresh progress in the drive to make nuclear fusion a practical, safe and clean energy source, saying an experiment at a site in England set a record for the amount of fusion energy produced, more than doubling the previous mark. Researchers said they achieved 59 megajoules of sustained fusion energy […]

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UK Grants 1st Reactive Power Contract to Offshore Wind Farm

The National Grid ESO of the United Kingdom (UK) has awarded a contract to an offshore wind farm to help keep voltage levels in the national power network stable. As per the National Grid ESO, the contract is the first of its kind in the UK. The contract is for a ten-year period which will […]

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ScottishPower Acquires 800MW Solar Portfolio in UK

ScottishPower, owned by Spanish energy firm Iberdrola, has signed two deals to acquire 17 solar photovoltaic (PV) projects in Britain, with a combined capacity of more than 800 megawatts (MW), the company said on Friday. The deals take ScottishPower’s market share of Britain’s solar industry to 9% from 2%, the firm said. ScottishPower has bought […]

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Israel’s Econergy to Build 800MW Storage, 900MW Solar Capacity in UK

Renewables investor Econergy Renewable Energy said on Thursday it plans to develop a portfolio of 800 megawatts (MW) of renewable energy storage and 900 MW of solar photovoltaic (PV) capacity in Britain over the next three years. The firm said it plans to develop 350 MW of energy storage capacity for operation in 2023, 300 […]

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