Renewables

Rolls-Royce is aiming to accelerate the take-up of renewable energy through offering Energy-as-a-Service solutions in a new collaboration with investment firm Sustainable Development Capital LLP (SDCL).

​EirGrid together with Ireland’s minister for environment, climate, communications and transport, Eamon Ryan TD, has unveiled 40 new grid infrastructure projects, representing a total investment of over £85 million (€1 billion).

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.

A new $1.4 billion (£1 billion) fund for Shell Ventures is to be invested in businesses accelerating the energy transition.

National Grid ESO is to publish the carbon intensity of its balancing actions for the first time as part of a new electricity system dashboard.

​The way the energy market is regulated must help accelerate the transition to a smart flexible, low carbon energy system.

In the Autumn Budget and Spending Review, Chancellor Rishi Sunak has announced a new exemption for green technologies to support decarbonisation of non-domestic buildings.

​The Climate Change Committee (CCC) has welcomed the ambition of the government’s Net Zero Strategy, but called for further steps to implement policy quickly.

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.

​High power prices are expected to continue into winter following a record breaking third quarter in the UK.