Technology

Energy tech firm Faraday Grid has received a £25 million investment from WeWork co-founder and chief exec Adam Neumann.

European utility Enel has turned to AI software provider C3 to work as a strategic partner of big data platforms and applications across the entire business in a move which it says will strengthen its position at the top of the energy transition.

ABB has launched a suite of new power products which it says can boost grid stability, power quality and energy efficiency in modern, complex grids.

UK Power Networks and delivery giant UPS are among the partners on a new pilot aimed at demonstrating the commercial viability of cutting edge, wireless EV chargers.

Italian utility Enel has launched a €1 billion green bond to finance new renewables, transmission and distribution networks and e-mobility projects.

Independent energy supplier Igloo is trialling a new smartphone app which it says can reduce electric vehicle charging emissions by as much as 20%.

The UK government could extend its 2020 smart meter target if consumers stand to benefit in what constitutes the first sign of a relaxation of tight programme deadlines.

Challenger supplier OVO Energy has been appointed by Ofgem to take over Economy Energy’s 235,000 customers following the supplier’s collapse earlier this week.