BlackRock’s Global Renewable Power platform is to become a shareholder in IONITY, investing a combined €700 million (£592 million) alongside IONITY’s existing shareholders.
Around 20 energy storage systems (ESSs) are to be deployed at service stations where the grid supply isn’t enough for rapid charging infrastructure, the government has said.
National Grid has seen its underlying operating profit rise 47% to £1.4 billion for the six months ended 30 September as it focuses on delivering “critical and green investment”.
Xlinks’ planned link between solar and wind in Morocco and the UK is an “overwhelmingly compelling solution” to the UK’s need for baseload power, according to CEO Simon Morrish.
Octopus Energy Group is aiming to raise £4 billion to fund a global expansion of its ‘Fan Club’ tariff model and support gigawatts of associated renewable energy projects through 2030.
Electric vehicle (EV) charging firm Pod Point has begun to trade shares on the London Stock Exchange, today (8 November) closing at 220p.
A new $1.4 billion (£1 billion) fund for Shell Ventures is to be invested in businesses accelerating the energy transition.
COP26 kicks off this week against a backdrop of different fortunes for renewables industries, as energy storage toasts a wealth of investments yet other renewables falter. We discuss this and much more in this month's Solar Media Podcast.
The difficulty of forecasting the costs of decarbonisation has dominated the Treasury’s Net Zero Review, carrying on a theme from the interim review, published last year.