News
News
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Energy consultancy creates new I&C division in Preston
Utility Alliance was set up in Hartlepool in February 2015, initially with six staff, offering a B2B utility services for businesses of all sizes. Now, with around 250 staff employed from its Hartlepool headquarters in addition to another 120 in offices in Sheffield and Newcastle, the firm has taken over vacant office space in Preston […]
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Uber takes a ride towards improving London’s air quality
Uber has unveiled a plan to clean up London’s air quality. More than 3.6 million Londoners regularly use the ride-hailing service, with around half of the miles travelled by the company’s cars in the capital being powered either entirely or partially by electricity. The firm’s new Clean Air Plan aims to help drivers upgrade to […]
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E.ON invests in Finnish EV platform provider
E.ON has invested in a Finnish electric vehicle (EV) platform provider. The energy firm now owns a joint majority stake in Virta, a supplier of IT systems for charging electric cars. Finnish energy company Helen holds an equal share of the business. Virta aims to provide an EV-enabled answer to fluctuations in the energy system […]
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Logistics firm puts two million doomed meals back on the table
A logistics firm and a food redistribution charity have saved more than two million meals from being binned since 2016. Fowler Welch and FareShare originally teamed up in August 2016 to reduce food waste across the supply chain. The haulage firm helps customers redistribute their surplus food to charity by allowing them to add surplus food onto […]
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Siemens Gamesa converts €900m guarantee line into green transaction
Siemens Gamesa has converted a €900 million (£802m) guarantee line into a green transaction. In the deal with Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA), Siemens Gamesa will use the money to support its business of manufacturing and selling onshore and offshore wind turbines around the world. This line is the first deal made under […]
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66 energy deals ‘are still more expensive than the price cap’
There are 66 energy deals remaining on the market that cost more than the price cap. That’s the claim made by auto-switching service Look After My Bills, which has published new research suggesting the most expensive, a fixed offering from supplier Ebico at £1,312.29, is £175 more costly than the limit enforced for standard variable tariffs at […]
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Foresight Group buys 50MW of German wind
The Foresight Group has bought 50MW of German wind, in partnership with Korea Investment Securities. The investment management firms teamed up to acquire the 45MW Krackow and 5MW Seubersdorf wind farms, located in Mecklenburg and Bavaria respectively. The deal, which is Foresight Group’s first wind acquisition in Germany, has now been completed. The two wind farms have […]
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OVO Energy to absorb Economy Energy’s customer base
OVO Energy has been appointed to take on Economy Energy’s customer base. Energy regulator Ofgem has selected the firm to supply services to the failed supplier’s 235,000 customers after earlier this week Economy Energy became the ninth UK energy company to go bust in the last 12 months. OVO Energy’s retail customer base now numbers around […]
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‘Millions of people could miss out on benefits of EVs’
Millions of people could miss out on the environmental, health and financial benefits offered by electric vehicles (EVs). That’s according to a new report, published by think-tank Localis and commissioned by ScottishPower, which suggests a major rethink regarding the way EV infrastructure is deployed is needed. Through engaging with local authorities, councils and business groups, the two […]
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Scotland’s Kype Muir wind farm successfully connected to grid
French cable manufacturer Nexans has completed the connection of the 88MW Kype Muir onshore wind farm to Scotland’s power grid. The 132kV, 16-kilometre long underground power cable means SP Energy Networks’ wind farm can now send renewable energy to local homes, businesses and other organisations. The 26-turbine site will work towards Scotland’s target for renewable energy resources […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas