Posted on: 28/03/2017
REA appoints head of electric vehicles
Matthew Trevaskis has been named as the new Head of Electric Vehicles at the Renewable Energy Association.
Trevaskis founded Ecodrive – an electric vehicle fleet trialling company that has now become an independent transport consultancy – in 2005.
He said: “I see great opportunities in the convergence of renewable generation, on all scales, with the move towards greater numbers of plug-in vehicles, especially the longer-range yet affordable electric vehicles now coming to market.”
> Read the REA's announcement
Hydro firm secures £51m debt facility
Infrastructure investment manager Ancala Partners has raised £51 million in debt for Green Highland Hydro.
Green Highland Hydro owns the hydro-electric projects developed by sister company Green Highland Renewables.
Ancala bought Green Highland Renewables in April 2015 and has since quadrupled the size of its portfolio.
> See Ancala's statement
Renewables investor looks to raise £50m
The Renewable Investment Group (TRIG) is raising £50 million through a share placing.
The company, which is listed on the London Stock Exchange, will put the cash towards buying two assets, together valued at £100m.
These consist of the 30.6MW Garreg Lwyd Hill in Wales and a project to build a 20MW energy storage facility at Broxburn near Edinburgh.
> View TRIG's announcement
MeyGen performing well
MeyGen, the tidal turbine project in the Pentland Firth off the north coast of Scotland, is approaching its 400MWh of generation.
Atlantis Resources, the project developer, said: “In the first three weeks of March, average generation has been sufficient to power the equivalent of 1,250 UK homes and individually the power performance of the turbines has exceeded the contractual output guarantees, putting the project on track to achieve capacity factors significantly in excess of 40%.
“The three turbines from Andritz Hydro Hammerfest (AHH), which were installed between November 2016 and January 2017, are now scheduled to undergo onshore inspection to permit AHH to implement system enhancements derived from the lessons learned during the initial period of operations.”
> Read Atlantis' announcement
Scotland launches £10m low carbon rural fund
The Scottish Government has launched a £10 million fund for projects in rural areas that will either increase energy efficiency or reduce carbon dioxide emissions.
Projects will be able to apply for up to £100,000 from the Low-Carbon Infrastructure Transition Programme (LCITP).
The fund is supported by the European Regional Development Fund.
> See the Scottish Government's statement