The Public Accounts Committee (PAC) has this morning slammed the government over its handling of the Hinkley Point C contract, identifying a catalogue of errors that it said could see consumers footing the bill.
National Grid has issued a warning to battery storage developers that it would expect them not to rely solely on grid balancing markets for revenue.
Chris Pritchett, contract lawyer and partner heading up the energy and environment practice at Foot Anstey, recently served as moderator for the “Developers and financiers debate” at the Energy Storage Conference at the Solar & Storage Live 2017 show in Birmingham. In attendance were fund managers and project developers and a robust discussion followed and afterwards, Chris caught up with Andy Colthorpe for an in-depth interview on camera.
German clean energy firm innogy has bought Statkraft out of the 860MW Triton Knoll offshore wind farm just weeks after it landed Contracts for Difference support.
The UK government has established a new green finance taskforce in an effort to take full advantage of the “multi-billion pound” investment opportunity created by the low carbon economy.
UK energy firm Limejump has raised £3 million to invest in its nascent virtual power plant technology.
Philips has agreed a unique deal with a consortium of international banks that links the company’s sustainability performance to the interest rate attached to a €1 billion (£836 million) loan.
Australian finance giant Macquarie Group has concluded the contentious purchase of the UK Green Investment Bank for a total consideration of £2.3 billion.
Clean tech incubator InnoEnergy is seeking applications from sustainable energy innovators and entrepreneurs for its latest investment round.
Companies and organisations in the UK are developing a growing appetite for renewables PPA structures, but still face obstacles including the perception of renewable projects and unprepared procurement teams.
Former energy minister Lord Greg Barker has written to prime minister Theresa May to voice concerns over the government’s divestment of the Green Investment Bank (GIB) and urge for a rethink.
The Green Investment Bank has agreed to part-fund a streetlight conversion programme for Kent County Council which will see 120,000 traditional streetlights replaced with more efficient alternatives.
Three NHS trusts in Liverpool are to benefit from the first Investor Ready Energy Efficiency-certified funds, and save nearly £2 million each year.
Clean Energy News takes a closer look at this year’s awards categories with the closure of the nominations window fast approaching
The Royal Bank of Scotland has revealed that it doubled its lending for sustainable energy projects last year to £1 billion.
Lloyds Banking Group has launched a new £1 billion loan fund which will offer preferential rates for commercial real estate owners who meet energy efficiency targets.
Universities have saved more than £210 million through the adoption of energy-efficiency measures according to Salix Finance, a government-funded company offering repayable loans to higher education institutions.
UK homeowners applied for £2.5 million worth of support for energy improvement measures under the Green Deal in a record week for the Green Deal Finance Company (GDFC).