The power supplied from the project would be enough to power about 7 million heat pumps all year round, the companies said. Image: Octopus Energy.

Octopus invests in Morocco-UK power project Xlinks as it signs strategic partnership

12 May 2022, 13:15

Octopus Energy Group has entered a financial and strategic partnership with Xlinks, the company behind a project to link the UK with solar power in Morocco.

TagEnergy CEO Franck Woitiez (pictured) said the funding underpins the company's rapid growth. Image: TagEnergy.

TagEnergy secures £376m investment to accelerate renewables pipeline delivery

12 Apr 2022, 17:26

Clean energy firm TagEnergy has secured a €450 million (£376 million) investment to drive the initial delivery of its 2.7GW global pipeline - including projects in the UK.

Habitat Energy, which recently landed a deal to optimise two Eelpower battery storage sites, discussed the evolution of trading strategies. Image: Eelpower

Battery storage funding model 'still evolving' as trading strategies switch to hybrid approach

23 Mar 2022, 14:41

Battery storage participation in the Balancing Mechanism has “increased massively” while a hybrid approach to trading that sees assets dipping in and out of Dynamic Containment is becoming more common.

Bonnet’s co-founders, Patrick Reich and Eliot Makabu. Image: Bonnet.

Bonnet secures £4 million investment to boost UK and international expansion plans

2 Mar 2022, 15:23

Electric vehicle (EV) charging firm Bonnet has secured US$5.5 million (£4 million) in new investment as the company looks to expand its coverage to the majority of UK and European chargers by the end of 2022.

The PAC has recommended the government writes to explain how it will report progress in implementing its net zero policies. Image: Getty

PAC slams government for lack of ‘reliable’ net zero cost estimates or funding plan

2 Mar 2022, 11:28

The Public Accounts Committee has said that the government has “no clear plan” for how the transition to net zero will be funded, nor a reliable estimate of what net zero will cost consumers, businesses or the government itself.

Ev.energy originally raised US$8.8 million through the Series A raise. Image: ev.energy

Ev.energy extends Series A funding round to £9.6m amid scaling up ambitions

25 Feb 2022, 10:58

Electric vehicle (EV) charging software firm ev.energy has extended its Series A financing round to US$12.8 million (£9.6 million), with this led by AcTern Ventures.

InstaVolt has a network of around 700 electric vehicle chargepoints. Image: InstaVolt

InstaVolt to be acquired by EQT Infrastructure as ‘significant’ investment promised

22 Feb 2022, 12:33

The EQT Infrastructure V fund is to acquire rapid electric vehicle (EV) charging firm InstaVolt from Zouk Capital, marking the latest EV charging network to change hands.

Zenobē works with bus operators including Arriva, Abellio, McGills, National Express and Stagecoach. Image: Zenobē

Blog

How electric buses, second life batteries and unique financing are catalysing growth for Zenobē

21 Feb 2022, 12:55

Zenobē Energy's co-founder and director Nicholas Beatty tells Current± about the advantage of the company's new debt structure and its plans for second life battery storage.

The new structure takes total debt finance support from financial institutions to over £300 million. Image: Zenobē Energy

Zenobē secures up to £241m in 'first of its kind' debt structure to grow EV sector presence

8 Feb 2022, 14:50

Zenobē Energy has established a multi-source debt structure of £241 million to fund capital investment into e-buses and charging infrastructure.