OVO Group has said its 2019 results are “in line” with its financial plan despite recording a loss of £106 million for the year.
In part four of our Current± Predicts series, OVO's Kate Weinberg comments on the Green Industrial Revolution and EDF's Stuart Fenner of accelerating the uptake of EVs.
OVO has appointed three new senior retail staff members, with Bill Castell joining as chief financial officer (CFO), Charlotte Eaton as chief people officer and Raman Bhatia as chief operating officer (COO).
Energy technology company OVO has become a minority investor in clean energy marketplace Renewable Exchange.
OVO Group revenues topped £1 billion for the first time in 2018, but the energy firm slipped to a loss for the year as its customer base grew.
OVO’s ‘Plan Zero’: Eliminate home carbon emissions and fit five million homes with smart energy tech
OVO Energy has committed to eliminating its customer’s household emissions and fit five million homes with flexible, clean energy technologies as part of a wide-ranging carbon-cutting initiative dubbed ‘Plan Zero’.
UK Power Networks (UKPN) is to trial smart charging across 1,000 EVs, using OVO Group’s smart energy platform, Kaluza, for 300 of these.
Energy tech firm Kaluza and battery storage manufacturer sonnen have penned a new partnership to introduce new flexibility onto the UK’s grid.