Energy suppliers Octopus Energy, Good Energy and E.On Next have a paid a total of £8 million for delaying or failing to make statutory compensation payments owed to energy customers.
Octopus Energy’s generation arm has partnered with Legal & General Capital to invest £70 million in UK ground source heat pump manufacturer, The Kensa Group.
Octopus Energy’s Kraken Technologies has entered into a strategic partnership with Eni Plenitude to use the platform to support long-term growth in international retail energy markets.
Following a new framework agreement, the clean energy developer, Masdar will now be able to use Octopus Energy's technology platform, Kraken, to manage its UK battery storage portfolio.
Octopus Energy has called for “more action, speed and results to clear the grid connection queue” as it outlined its five-point plan to quickly connect 5.7GW of renewable projects.
Australian power company Origin Energy has upgraded its 2023 financial year energy markets earnings due to a “stronger than expected” contribution from Octopus Energy.
Xlink’s project aiming to connect the UK with Morocco via a power line has received investment from Abu Dhabi National Energy Company PJSC (TAQA) and Octopus Energy.
