Marine developer catches $3m wave of new investment

A wave energy developer has raised $3 million (£2.3m) in its second round of fundraising. This gives Eco Wave Power (EWP) a pre-money valuation of $40 million (£31m), an increase of 3.5 times on the company’s worth during its first round. The latest funds secured will be used to expand the renewable energy firm’s team […]

Power Ride pushes off on sunny Day 1

It was a sunny start for the ELN team on the first leg of their Power Ride in aid of Parkinson’s – and Sky Sports presenter Dave Clark popped up at Tate Modern to give them a great send-off! If you’d like to donate to the brilliant cause, go to: https://www.justgiving.com/energylivenewspowerride

Schools hope to raise £880k from community for solar

Twenty five schools are hoping to drum up £880,000 from the community to put solar panels on their rooftops. Locals can buy shares in the Staffordshire Sunny Schools project in exchange for “a fair financial return” of around 10%. The cash will help schools put panels up for free and benefit from lower electricity bills. […]

Charity denies ditching British Gas criticism to curry favour

Save The Children has strongly denied claims it dropped plans to criticise two UK energy suppliers to try and win their fundraising support. The prominent British children’s charity which operates in more than 35 countries has shut down the claims it changed or “spiked” press releases to curry favour with British Gas and EDF Energy. […]