Posted on: 26/09/2017
Council battery storage scheme completed
British Gas-owner Centrica has installed a 3MW battery storage system, one of the largest in the country, for Gateshead Council’s district energy centre.
The system can hold enough power for 3,000 homes and can respond to demand in less than a second.
The batteries are linked to two combined heat and power units.
Chinese investor looks at UK nuclear project
Chinese nuclear power company CGN is bidding for a stake in NuGen, the consortium that wants to build a nuclear plant in Cumbria.
CGN already owns a stake in EDF’s Hinkley Point C nuclear power station project in Somerset.
Westinghouse, the Toshiba subsidiary that original proposed the Cumbrian project at Moorside, filed for bankruptcy earlier in the year.
Wind farm in £74m refinancing deal
GreenPower and the Ampere Equity Fund have signed a £74 million deal to refinance the Carraig Gheal wind farm in Argyll, Scotland.
The pair is borrowing the cash from Sabadell, Santander and ING.
Rob Forrest, Chief Executive of GreenPower, said: “It has been important for Carraig Gheal wind farm and its shareholders that the project has been able to take advantage of improved market conditions and we are delighted with the terms that have been secured in this new funding facility.”
Scottish Water unveils largest solar project
Scottish Water has completed its largest solar project to date by installing 4,800 panels at the site of two boreholes in Speyside.
The £1.2 million facility was built by contractor Absolute Solar & Wind.
The panels will generate 1GWh of power each year.
Citigroup sets 100% clean energy goal
Citigroup aims to source all its electricity from renewable sources by 2020.
The global bank said it will consider using on-site power generation, alongside power purchase agreements for its data centres, which use a lot of energy.
The company has more than 7,900 properties in 94 countries.