Mitsubishi snaps up 20% stake in OVO Energy

The supplier will use part of the investment to accelerate the development of its intelligent energy technologies unit

Energy broker Utilitywise goes into administration

It has put around 570 jobs at risk

Picture of the European Union flag on solar panels and a wind turbine
EU and Spanish bank join forces to combat climate change

They have also signed an agreement to finance the Goya wind energy project

Renewable energy: UK consults on paying homes and businesses for excess generation

The ‘Smart Export Guarantee’ would replace the export tariff and apply to small-scale renewable sources such as solar panels

Gamification
Could video gaming take grid balancing to the next level?

Northern Powergrid stresses balancing supply and demand is to become increasingly important

Rivian R1T
Amazon and General Motors eye investment in Rivian

The deal would reportedly value the US electric pickup truck startup at being worth up to $2 billion

Smart data
New offering allows service providers to smarten up to energy data

n3rgy says opening access to current and historic energy data and tariff information will create a true smart data revolution

Battery storage
Good Energy partners up to boost battery solutions for businesses

It will work with renewable energy engineering firms BELECTRIC and Powerstar to develop new technologies

npower latest energy company to hike bills after price cap increase

Around one million customers will see their bills rise by £117 a year on average

Renewable investment
Investors plan to double renewable energy allocations

A new report expects an estimated $210bn to flow into clean energy assets over the next five years