A new offshore wind consortium has applied to develop an industrial scale green hydrogen production plant on the island of Flotta in Orkney, Scotland.
Macquarie is to focus on the residential metering sector following the divestment of Cortex Metering Solutions (CMS), its industrial and commercial (I&C) smart meter portfolio, to Energy Assets Group.
German power giants RWE and E.On confirmed they have reached a contractual agreement for their proposed major asset exchange, but a late expression of interest from Macquarie could yet scupper the deal.
There is no guarantee that the Green Investment Bank (GIB) will ever live up to its original ambitions after a privatisation process that undersold it for the British taxpayer and the bank’s green intentions.
Behind the meter (BTM) storage in the UK’s commercial and industrial (C&I) sector could offer a 10GW market for battery energy storage under the right regulation and business models incorporating increased energy arbitrage.
Energy storage provider Connected Energy has secured £3 million of investment from Macquarie Group and ENGIE to fuel its growth plans in the UK and abroad.
