Centrica signs up first business for virtual energy marketplace

A farm and holiday retreat is to use energy storage technologies as part of Centrica’s virtual energy marketplace trial in Cornwall. UK firm redT is to connect 1MWh energy storage machines to The Olde House’s 250kW solar array, which also powers an onsite electric vehicle charging station. Centrica’s £19 million Local Energy Market trial will […]

Lifeboat charity makes a splash on energy storage

A lifeboat charity has signed an agreement for the installation of an energy storage unit at its centre on the Isle of Wight. Storage technology company redT energy is installing a 180kWh unit at the Royal National Lifeboat Institution’s (RNLI) Inshore Lifeboat Centre in East Cowes, which is used to manufacture and maintain its fleet […]

Solar energy to save Northumbrian Water £386,000

A 943-panel solar array has been installed at one of Northumbrian Water’s sites. The project has been developed as part of a Power Purchase Agreement (PPA) with Lightsource Renewable Energy, which fully funded and designed it. Lightsource claims the project at Bran Sands wastewater treatment plant in Middlesbrough – which serves around 300,000 customers – […]

Community bonds get the sun shining

Community energy bonds have raised more than £2m and helped develop two solar projects in the South West of England. Two bonds launched by Bath and West Community Energy (BWCE) and Bristol Energy Cooperative (BEC), provide expected fixed-rate returns of 5.5% and 6% pa. They have raised more than £2m and helped fund two large scale […]