Electric vehicle charging suppliers Pod Point and Instavolt have signed up new clients for whom they will deploy a range of new charge points across commercial and potentially some residential locations.
Clean energy supplier and self-professed energy technology firm OVO Energy has unveiled an investment in German energy provider 4hundred as it bids to launch a European expansion.
US electric vehicle charging giant ChargePoint has called on its competitors to ‘follow suit’ after making the biggest commitment in the company’s history; to deploy 2.5 million EV charging points by 2025.
EDF Energy has completed a 2MW trade of a Capacity Market obligation (CMO) with UK Power Reserve (UKPR) utilising a digital trading platform underpinned by blockchain technology.
Auto switching tech company Labrador has received half a million pounds of new investment from private equity firm Livingbridge Growth, taking it to over £2 million in funds raised so far this year.
Centrica has appointed former BP CFO Richard Hookway chief executive of its business division, where he will head up the company’s distributed energy and power (DE&P) activities in the UK as part of his responsibilities.
Vehicle-to-grid (V2G) technology could provide 38GW of flexible capacity to the grid by 2030 according to Octopus Energy, which is calling for drivers to sign up to the Powerloop V2G consortium launched earlier this week.
Food wholesaler Philip Dennis Foodservice has installed energy storage units totalling over 4MW at its Barnstaple offices in an effort to generate revenue from grid services, rather than making savings from behind-the-meter activity.