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Energy

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DP Energy and Iberdrola plan three offshore wind farms

An Irish-Spanish joint venture is planning three offshore electricity generating fields that will cost up to €6.5 billion ($7.73 billion), according to industry estimates.

Tesla's energy storage, solar business grows

Tesla on Monday reported $801 million in revenue from its energy generation and storage business

Saranac Lake (US) considers joining CCA

Saranac Lake (New York, US) is considering joining a program - Community Choice Aggregation - that would let its residents and businesses purchase more renewable energy through their monthly bills.

SSE Airtricity to raise NI electricity prices by 9.7%

Energy company SSE Airtricity has confirmed household electricity prices in Northern Ireland (NI) are to rise by 9.7% from August 1.

Energy prices to rise across UK

Energy prices will rise for millions of people across the UK in April, at a time when finances are squeezed.

Norstar teams up with European Energy on green energy in UK

The Government’s historic plans to clean the UK’s energy system and keep bills as affordable as possible have come at a pivotal time for a North Yorkshire renewable energy company.

UK must cut emissions by 78% by 2035 to hit net zero target

The UK must cut emissions by 78 per cent by 2035 in order to hit its target of being net zero by 2050, a new report by the government’s climate advisers has found.

Ovo Energy profits down by two-thirds

One of the largest challengers to the Big Six energy giants has revealed a two-thirds slump in profits last year due to rising costs ahead of a crackdown on energy bills.

Share of renewable energy generation touches record levels

Despite increased demand of electricity caused by the “Beast from the East” cold snap, electricity generation through renewable sources hit a new record high in the first quarter of this year, according to new government figures.

BHGE’s to invest £31 million in north-east subsea sector

A £31 million investment in a north-east manufacturing base will boost the region’s subsea sector, an industry chief said yesterday.