Posted on: 25/04/2017
Energy innovators offered £13m funding pot
The UK Government has launched the latest round of its Energy Catalyst Competition, which is offering up to £13 million to “innovation projects to address the global need for clean, affordable and secure energy”.
Projects can be at early, mid or late stages and can include international partners.
Registration closes on 21 June, with applications due a week later.
French company in UK renewables move
Greensolver, a French wind and solar firm, has formed a UK joint venture with renewables developer Infinergy.
The new Greensolver UK business aims to provide technical and commercial management services to the owners of renewable energy assets.
The French company already has an office in London but it said the deal would allow it to expand its operations throughout the UK.
John Laing Environmental in £22m wind farm deal
The Moel Moelogan 2 (MM2) wind farm in North Wales has been bought by the London-listed John Laing Environmental (JLE) for £22.65 million.
The nine-turbine wind farm has a total generating capacity of 11.7MW and became operational in 2008.
JLE said: “In addition to the acquisition of MM2, the company is also in advanced discussion with the same majority vendors to acquire another smaller wind farm located at the same site.”
RedT signs Cornwall battery storage deal
Batteries capable of storing 1MWh of power are to be installed at the Olde House farm and holiday retreat in Cornwall.
RedT built the system for Gigha off the west coast of Scotland, but the units are no longer needed after the island’s grid connection was upgraded.
The units will store power generated by solar panels.
Utiligroup bought by US investment firm
American software company Energy Services Group (ESG) has bought UK-based peer Utiligroup.
Matthew Hirst, Chief Executive at Utiligroup, which was founded in 1997, will continue to run the UK business and will join the board of ESG.
ESG is backed by private equity firm Accel-KKR and last year bought Latitude Technologies.