Investment

February 25, 2021

Iberdrola lauds record investment as net profit continues growth

Iberdrola has reported continued growth of its net profit to €3.61 billion in a year that saw over 90% of its investments injected into renewables and networks.

The Vulnerability Commitment’s signatories include Octopus Energy

February 24, 2021

BNEF: At least $14tn must be spent on power grids worldwide or risk ‘bottleneck’

At least $14 trillion (£9 trillion) must be invested in the grid worldwide by 2050 to support an evolved power system, according to new analysis from BloombergNEF (BNEF).

January 28, 2021

National Grid recommends over £183m in 2021 network reinforcement costs

An investment of over £183 million is being recommended by National Grid ESO to support network reinforcement in 2021.

Flexibility strategy: game changer or simply warm words?

December 30, 2020

Current± Predicts: The energy transition in 2021, part twelve

Part twelve of the Current± Predicts series sees a number of experts from Smarter Grid Solutions offer their take on the energy transition in 2021.

December 23, 2020

Octopus Energy valuation grows to $2bn as it expands into Asia

Octopus Energy has hit a $2 billion (£1.5 billion) valuation as it announces an expansion into Asia thanks to a partnership with Tokyo Gas.

December 18, 2020

Difficulty of forecasting decarbonisation costs highlighted in Treasury interim Net Zero Review

HM Treasury has launched its interim Net Zero Review ahead of the publication of the full document in spring 2021.

December 15, 2020

Reactive Technologies forms strategic partnership with Accenture following investment

Reactive Technologies has received an investment from global professional services firm Accenture to help accelerate the commercialisation of grid data for utilities.

December 3, 2020

Shell backs GreenCom’s €12 million equity funding bid for global expansion

O&G giant Shell has backed residential renewables platform GreenCom Network’s €12 million (£11 million) funding round through its investment arm, Shell Ventures.

November 26, 2020

EDF continues energy storage push with PowerUp investment

EDF has invested in cleantech startup PowerUp in a bid to support its 10GW of storage by 2035 ambitions.

Electricity generated from renewables increases by 10.5% in 2022, says DESNZ. Image: Pxfuel NC.

November 25, 2020

COVID-19 could be a catalyst for a ‘greener, more sustainable future’ says Octopus Renewables

As governments turn their eyes to a green recovery, 80% of institutional investors are planning to increase their investment into renewable energy.

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