Centrica has made investments in two cutting edge energy tech firms as it targets a more concentrated domestic energy flexibility business.
Articles tagged with: solar
The UK is at growing risk of missing legally binding climate targets after the pace of decarbonisation slowed last year, new analysis has concluded.
The low carbon and renewables economy posted strong growth in 2017, but onshore wind and solar PV continued to be beset by a retraction of government support.
Oil and gas majors are expected to make significant plays in the solar sector in the coming years as continued cost reductions threaten their margins.
Renewables are on course to overtake fossil fuels and become Britain’s ‘dominant force’ of power during 2020.
Renewables provided almost one-third of the UK’s total power output in Q3 2018, a record high for that period of the year, boosted by the summer’s heatwave and high wind speeds.
Energy giant Shell has increased its global solar footprint with the acquisition of a 49% stake in Cleantech Solar, a Southeast Asia and India-focused pureplay solar company.
Energy aggregator Limejump has struck a deal with NextEnergy Solar Fund (NESF), one of the UK’s largest solar asset owners, to trade 120MW of PV generation.
Fixed charges are to be applied to all final demand network users irrespective of their ability to reduce their impact on the grid through generation or flexibility under Ofgem’s preferred strategy for its Targeted Charging Review (TCR).