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Swiss energy company Fu-Gen AG has partnered with British asset manager Abraxas Capital Management to construct a wind farm outside Skellefteå for a total investment of EUR 56 million. The cooperation between the parties was sealed in July 2019 through the acquisition of the project rights for Fjällboheden Vind AB…

A research programme which brings together academia and industry to address renewable energy challenges has delivered benefits topping an estimated £200 million. The Technology and Innovation Centre Low Carbon Power and Energy Programme links the University of Strathclyde’s technical expertise to the low carbon energy sector and is funded by…

Nationwide Building Society is today announcing that it will invest in Switchd, a company that automatically switches people’s energy supplier to ensure they are always on the best deal. Unlike many other providers, Switchd searches deals from across the whole market including the big six suppliers and smaller players. On…

City skyscrapers could become green batteries of the future – thanks to a new form of energy storage patented by a UK firm. Edinburgh start-up Gravitricity has developed an innovative energy battery which works by raising multiple heavy weights – totalling up to 12,000 tonnes – in a deep shaft…

Energy storage can help mitigate climate change, but it is still on low levels and needs to triple by 2050 to keep global warming below 2°C.  To do this we need to look at innovative ways of speeding up the process. Could energy-storage-as-a-service be one of the solutions?  Reforming our…

Washington DC – Renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) accounted for 18.49% of net domestic electrical generation during the first eight months of 2019, according to a SUN DAY Campaign analysis of just-released data from the U.S. Energy Information Administration (EIA). A year earlier, renewables’ share was…

With a construction time of only six months, the biomethane plant of Lanes Farm Energy near Pontefract, West Yorkshire, Uk went live on time. “We are very happy and proud to hand over this plant to our customer within less than a year after signing the contract,” says Wolfgang Bokern,…

Thanks to its iconic skyline, cutting-edge architecture, and plans for passenger drones and Hyperloop trains – to many of us, Dubai is known as a city of the future. Hand-in-hand with this rapid pace of development is the need to fuel its continuing growth, and rather than tax its natural…

German solar energy storage maker Sonnen GmbH could start considering an IPO as early as 2017 to grow its international presence and develop additional services and business models. In a recent interview with Energy Storage News, Sonnen CEO Christoph Ostermann said that the company is relatively relaxed on the timeline – expecting…

Ageing wind assets, growing corporate demand and limited appetite for full repowering are favoring lifetime extension projects, increasing the importance of performance analysis. European lifetime extension (LTE) activity is set to hike in the coming years as feed-in tariffs expire and wind operators seek to maximize revenues from ageing assets.…