UKPN to kick-start flexibility market with £12 million funding
UK Power Networks (UKPN) has announced £12 million of funding for flexibility services across its service area.
Tech
Battery storage firm Zenobe lands £25 million investment from Japanese power majors
UK battery storage firm Zenobe Energy has secured a £25 million investment from Japanese power giants Jera and Tokyo Electric Power Company (Tepco).
Centrica sets sights on domestic energy flexibility with new investments
Centrica has made investments in two cutting edge energy tech firms as it targets a more concentrated domestic energy flexibility business.
Shell to acquire battery firm sonnen to ‘accelerate’ energy services play
Shell is to acquire German battery storage manufacturer sonnen in a bid to accelerate its home energy services position.
Mitsubishi buys 20% stake in clean energy challenger OVO Energy
OVO Energy, one of the major challengers to the Big Six, has confirmed a strategic investment from global tech giant Mitsubishi.
Tonik lands Mitsui investment to drive growth in UK energy ‘mega trends’
Renewables supplier Tonik Energy has landed a £13 million capital injection from investors, including major Japanese investment firm Mitsui.
Good Energy brings Belectric, Powerstar on board for battery storage push
Good Energy is to partner with battery storage specialists Belectric and Powerstar for its commercial energy storage offering.
EDF-backed solar, storage and blockchain pilot to get underway
An EDF Energy-backed community energy trading pilot is to start next month, allowing residents of a Brixton estate to trade solar energy between each other.
Recent spate of EV partnerships driving E-mobility sector maturation
Maturation within the UK’s electric vehicle charging and energy sphere is starting to accelerate, driven by new partnerships and increasingly innovative offerings.