Ofgem shortlists four operators for its ‘largest offshore transmission tender ever’
Energy regulator Ofgem has shortlisted four potential operators for its next Offshore Transmission Owner (OFTO) bidding round for projects worth around £2 billion.
Octopus Energy Generation to invest $20 billion in offshore wind by 2030
Octopus Energy is to invest $20 billion (£15 billion) into offshore wind by 2030 with a view to generating 12GW of renewable electricity a year.
CleanMax begins operations at 400MW wind and solar project in India
CleanMax has started operations at a hybrid solar and wind project in the Indian state of Gujarat, with a total capacity of 400MW.
52% GB electricity in July was low carbon, ESO
Latest data from National Grid ESO (ESO) has shown that 52% of Britain’s electricity in July came from low carbon sources.
GB net energy importer in first half of 2023
Energy analyst EnAppSys has published a new report showing that Great Britain was a net energy importer in the first half of 2023, while France exports the most power of any country in Europe.
Iberdrola signs €500m green loan with Citi and Eksfin for East Anglia III offshore wind farm
Spanish energy giant Iberdrola has secured a €500 million loan with Citi and guaranteed by the Norwegian Export Credit Agency Eksfin for the construction and development of the East Anglia III offshore wind farm.
EDF signs PPA with Brockwell Energy for onshore wind farm in Scotland
Energy company EDF has signed a seven-year Power Purchase Agreement (PPA) with Brockwell Energy to purchase renewable energy from North Kyle onshore wind farm.
Renewables accounted for almost half of electricity in Q1 2023
Figures released by the Department for Energy Security and Net Zero (DESNZ) at the end of June show that “renewable generation reached a record share of 47.8% of total generation”.
