BP is to invest £200 million in solar developer Lightsource over three years. It will acquire 43% of the company over that time, the company will be renamed Lightsource BP and BP will have two seats on the board of directors.
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Smart Energy Europe has raised an alarm over suggested changes to the proposed design of the EU’s internal energy market that would allow transmission system operators (TSO) to own and operate storage and provide more ancillary services themselves
Capbal has won planning consent for a 10MW/5000kWh battery unit on the Feddal Estate, Perthshire. It is Capbal’s first storage scheme in Scotland to secure planning consent.
Limejump aims to be a data-driven utility. It aggregates small generators into a virtual power plant and it offers users the opportunity to take part in the demand response market – as well as improving efficiency.
Iona Capital has made a speciality of helping local authority pension funds invest in bioenergy. Janet Wood spoke to director Nick Ross
Government has to take tough decisions on power investment – and technologies in the power industry should build in life-cycle sustainability from the start, says IMechE’s Jenifer Baxter. She spoke to Janet Wood