Huhne opens windfarm after £11m upgrade

Energy Secretary Chris Huhne will today open an £11m upgrade of the UK’s first commercial windfarm. Delabole windfarm in Cornwall is owned and operated by 100% renewable electricity firm Good Energy and it provides the company with 20% of the total power it supplies to its 26,000 customers. The company has run the windfarm since […]

Anaerobic digestion plant to supply Marks and Spencer energy

Marks & Spencer has signed a deal to buy the energy from an anaerobic digestion plant being built by renewable energy firm Farmgen. Blackpool-based Farmgen secured a £2.1m loan from the Co-operative Bank to finance the plant at Warton in Lancashire. And M&S has signed a five-year contract to buy the energy generated from the […]

Co-op backs renewables to tune of £200m

The Co-operative Bank has signed off on £200m in loans to renewable energy companies this year. The £200m is half of £400m that the bank ringfenced for renewable operations in 2007. It believes that financing of smaller projects is essential to the UK achieving a low carbon economy and looks favourably on small-to-medium investments of […]