Posted on: 23/02/2016
£10m port upgrade to tap into offshore energy
Forth Ports has outlined plans for the largest investment in the history of the Port of Dundee.
The ports owner is to invest more than £10 million to create a new quayside with “heavy lift” capability as it seeks to win more work in the North Sea oil and gas and offshore wind sectors.
Edinburgh-based Forth Ports said the privately-funded investment will see the development of the quayside at the east end of the port, connecting to the existing Prince Charles Wharf.
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Profits up at British Gas
Profits at British Gas’s residential energy supply arm rose by 31% to £574 million during 2015.
But the residential services business reported a 5% fall in profits, while the business energy supply business recorded a loss of £22m.
Parent company Centrica said British Gas’s overall operating profits dipped by 2% year-on-year to £809m.
> See Centrica's statement
Huge rise in London solar urged
Environmental charity Greenpeace has called on the next Mayor of London to deliver a ten-fold increase in solar panel usage in the UK’s capital by 2025.
A report by consultancy firm Energy for London found London is lagging behind other British cities, with only 0.5% of its 3.4 million homes using solar power.
Barbara Stoll, a Greenpeace energy campaigner, said: “Thanks to the mayor’s powers, London has a chance to decide which energy future it wants – one dependent on fossil fuels and nuclear power that may never be delivered or one built on the safe, clean, affordable renewable energy that many of the major cities are already embracing.”
> Read Greenpeace's announcement
Five UK solar projects sold to German investor
German renewable energy investor Luxcara has bought five solar farms in the UK from Conergy.
The five projects, which together generate 34.4MW of peak power, are worth a combined £40 million.
Alexandra von Bernstorff, Managing Partner of Luxcara, said: “As the solar facilities were all built on brownfield sites and exhausted farmland, the projects will also have a sustainably positive impact on the environment.”
> View Luxcara's announcement
Highland hydro project moves ahead
Gilkes UK Hydro and Farrans Construction have won contracts from German utility firm RWE Innogy UK to build the 2MW Grudie run-of-river hydroelectric scheme in Loch Maree, Wester Ross.
Mary Drury, RWE Innogy UK’s Development and Projects Manager, said: “Despite the recent cuts in UK Government support for hydro under Feed-in Tariffs, RWE Innogy UK is still looking for other opportunities to increase our hydro portfolio.
“We are working actively with the British Hydro Association to influence future UK Government strategies that will support hydro of all scales in the future.”
> Read RWE's announcement