Elon Musk sells another £724m of Tesla shares to pay taxes

This follows the £3.7bn he sold last week after votes in a Twitter poll

Ecotricity boosts offer to Good Energy shareholders by 18% in takeover attempt

Good Energy has labelled the bid ‘hostile’ and claims it is an ‘unfit owner with an unsuitable plan’

Equinor ups its stake in Scatec Solar to 15.2%

The Norwegian energy firm recently invested £64mto buy an additional 6.5m shares in the solar firm

Pound signs
Utilitywise puts itself up for sale

The cost management consultant says it needs investment of around £10 million

Founder of energy broker Utilitywise dumps 6% stake

The company’s share price is said to have dropped by a third last week

Tesla shares charge up 12% after third-quarter profits announcement

The firm boasted adjusted profits of $516m

Chinese solar stocks slump as subsidies slashed

New projects have also been paused until further notice

Utilitywise shares trading suspended amid results delay

Trading of shares in independent energy consultancy Utilitywise has been temporarily suspended this week. The news comes after the firm confirmed a delay in the publication of its financial results amid an ongoing review of its contracts. Under market rules, the Alternative Investment Market (AIM)-listed company had to post its results by today to allow […]

E.ON buys stake in mini wind turbine start-up

E.ON has bought a stake in a wind power start-up that provides small, on-site turbines for business customers. The energy giant invested in b.ventus through its German subsidiaries Avacon and E.DIS – the firm offers a single-source solution for companies to quickly and easily begin producing their own renewable power. The firm’s main product is […]

Centrica expects earnings dip from nuclear closure

British energy giant Centrica warned its shareholder earnings may dip after the Heysham and Hartlepool nuclear plants were shut. The two plants owned by EDF Energy were closed for inspections, it was announced today, because of a “defect” discovered in a boiler spine at one reactor in the Heysham 1 plant. Today Centrica said the […]