Novuna Business Finance provides £10m facility to Aura Power May 1, 2024 Novuna Business Finance has provided £10m of funding to support Aura Power, a leading global developer of renewable energy projects progress their development pipeline of utility-scale solar PV and battery energy storage of around 12 GW in the UK, Europe and North America. The deal demonstrates Novuna Business Finance’s appetite to support businesses that have […] Posted by: David Gilbank Read more
£1bn low carbon heating infrastructure project unveiled in Westminster Nov 6, 2024 Iconic London buildings in the heart of the capital to be heated by new low carbon heat network, expected to create 500 jobs and save 75,000 tonnes of CO2 every year. Just days after the UK Government revealed an Autumn Budget that included significant infrastructure investment plans, a new £1bn low-carbon infrastructure project has been […] Posted by: Deividas Krupstas Read more
£27m low-carbon energy investment announced for London Borough homes Jul 29, 2022 More than 10,000 Haringey homes in the east of the borough will receive low-carbon, sustainable energy after the council was awarded £27.8m funding The Tottenham Hale and Broadwater Farm District Energy Network (DEN) and the Wood Green DEN will help support Haringey’s goal of becoming net zero carbon by 2041, as well as deliver ambitious […] Posted by: Mya Driver Read more
£4bn Teesworks energy project given green light by Government Oct 4, 2024 The highly anticipated Net Zero Teesside project – set to bring thousands of jobs to our region – has today received the green light from Government, with work beginning by the end of the year. The £4billion project – led by bp and Equinor – will establish the world’s first industrial-scale carbon capture, utilisation, and […] Posted by: Deividas Krupstas Read more
£7bn Tidal Lagoon project in Wales takes step forward Feb 28, 2022 A major new renewables energy generation project off the Welsh coast has the support of Denbighshire Councillors. Off the coast of Conwy and Denbighshire the scheme would involve a 19-mile barrage with underwater turbines changing able to change the tide. The scheme has been touted by a private sector company, who remain unnamed, but the […] Posted by: Mya Driver Read more
Alpha Real Capital acquires £86m energy portfolio Jan 24, 2022 Real assets investment manager Alpha Real Capital has acquired Innova Energy, which has a solar energy portfolio totalling almost 62MW in the UK. The 17 PV projects, valued at £86m, are located across the UK and include extension and expansion rights. They generate about 540 gigawatt-hours of electricity a year, equivalent to powering 186,000 homes. […] Posted by: Mya Driver Read more
Angus Council not against £40m battery storage plant Sep 22, 2022 Angus Council is not opposed to a £40 million battery storage plant near the border with Dundee capable of holding enough power to supply 35,000 homes a year. The 80 megawatt proposal would be the largest of its kind in the county. Proposals for the site near Duntrune first emerged earlier this year. A second […] Posted by: Mya Driver Read more
Apatura secures planning consent for the largest standalone Battery Energy Storage System awarded in Scotland Sep 13, 2024 New site at Port Glasgow will deliver grid scale battery energy storage driving its renewable energy ambitions in Scotland Renewable energy storage specialist Apatura has secured planning permission for a major new Battery Energy Storage System (BESS) in Port Glasgow, Inverclyde with a capacity of 700 megawatts (MW). This is the largest planning consent for […] Posted by: Mya Driver Read more
Aviva Investors to invest up to £110 million in Connected Kerb to support nationwide delivery of EV charging infrastructure Sep 26, 2022 Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces it has completed an investment which will see it invest up to £110 million in Connected Kerb, the electric vehicle (‘EV’) infrastructure specialist. The investment, being made by the Real Assets business at Aviva Investors as part of its Climate Transition strategy, will […] Posted by: Mya Driver Read more
AXA IM Alts and Crédit Agricole Assurances invest £3bn to acquire 50% of Hornsea 2 Offshore Wind Farm Mar 28, 2022 Ørsted has signed an agreement to divest a 50 % ownership stake in its 1.3 GW Hornsea 2 Offshore Wind Farm in the UK to a consortium comprising AXA IM Alts, acting on behalf of clients, and Crédit Agricole Assurances. Hornsea 2 is currently under construction and will become the world’s largest offshore wind farm once commissioned […] Posted by: Mya Driver Read more
Bentley reveals £2.5bn investment plan as firm moves towards EV’s Jan 26, 2022 Bentley’s first-ever Battery-Powered Electric Vehicle (BEV) will be developed and built in the UK with the company committing to investing £2.5 billion in sustainability over the next ten years. The announcement is a major boost for the UK economy and also helps secure Bentley’s first step into electrification at the production plant, where all Bentley […] Posted by: Mya Driver Read more
Berkeley at the centre of international deal to help develop next generation of nuclear reactors Mar 13, 2024 Western Gateway’s proposal for a Low Carbon Energy Park at its Severn Edge site gets another major boost this week as new international deal is struck focusing on the Berkeley Science and Technology Park. Following the announcement of a £10 million investment in the site by Chiltern Vital Group (CVG) working with Rolls Royce SMR […] Posted by: Mya Driver Read more
