Renewables give £10million boost to Scottish communities says First Minister
Scotland’s communities are benefiting by £10 million every year as a result of renewable energy projects, the First Minister has said.
renewables
“Game changing” renewable plan could place Africa as clean energy continent
Plans to roll out as much as 300 gigawatts of renewable energy across Africa by 2030 - twice the continent’s total supplies - have been announced.
Caithness wind farm changes hands for £85million
London-based energy fund Greencoat UK Wind has bought the Stroupster wind farm in Caithness, from BayWa Renewable Energy for £85million.
Mixed bag for energy sector in Autumn Statement
It was refreshing to see so much attention being paid to the Energy sector in the Autumn Budget.
UK failing to close in on renewables targets says Corbyn
Britain will go to climate talks in Paris with the biggest gap between current renewable energy usage and 2020 targets of any European country, Jeremy Corbyn has claimed.
Green bank highlights scale of its investment in renewables
Green-energy projects worth more than £10billion have enjoyed support from a three-year-old specialist investment bank which has its headquarters in Scotland.
Opinion: Will the Autumn Statement bring some respite for the renewables sector?
On 25th November, the Government will announce a joint Spending Review and Autumn Statement. Economic security, national security and opportunity have already been identified as the major themes, but with the Paris climate change conference just around the corner, could there be some respite for the hard pressed renewables sector?
Thousands of jobs at risk from “assault” on clean energy sector
A Government “assault” on Britain’s clean energy industries must come to an end because it is putting thousands of jobs at risk, the shadow energy secretary has warned.
Atlantis Resources looks for investors in Scottish tidal projects
Atlantis Resources has sought advice from Macquarie Capital as it looks to review its options for attracting long term investors in its Scottish tidal power portfolio. The company, which owns the majority of the world’s largest planned tidal power MeyGen project, is offering potential investors an interest in its projects.
Mixed response to UK government move to end coal power
The announcement that the UK is phasing out coal has been widely welcomed, but plans to shift to gas power have been described as an alcoholic swapping one type of drink for another.
New gas plants imperative as Rudd signals end of coal power stations
Energy and Climate Change Secretary Amber Rudd is to signal the end of polluting coal-fired power stations in the UK - but will say it is “imperative” new gas plants are built.
Orenda secures £2million wind turbine deal for Scotland
Scots turbine manufacturer Orenda Energy Solutions has secured a £2 million deal for 10 of its 51kW Skye ‘tilting tower’ wind turbines with privately-owned Italian investment fund, CanadEnergy.
New floating windfarm planned of Portugal
A new floating offshore wind farm off the coast of Northern Portugal, known as the WindFloat Atlantic (WFA) project is set to go-ahead following an agreement between partner companies.
Highland windfarm schemes rejected by Scottish Government
Ministers have refused to give consent to two proposed wind farms in the Highlands as they would have a “significant and unacceptable” impact on landscape.
Mytrah adds to wind turbine portfolio
Mytrah Energy has commissioned an extra nine turbines at its Bhesada project in India, bringing the total additional capacity added in 2015 to 50.2 MW and taking its operating wind portfolio to 578 MW.
Ewing calls for end to uncertainty over renewable heat incentives
The uncertainty surrounding Renewables Heat Incentives for Scottish businesses has gone on too long, according to Scottish Energy Minister Fegus Ewing
UK Government pays £6billion in subsidies to fossil fuel industry
The UK fossil fuel industry receives £6billion a year in subsidies which is almost twice the financial support provided to renewable energy companies, new research has shown. In a study by the Overseas Development Institute it was found Britain gave an average of £5.9billion worth of subsidies a year to companies including BP and Shell over 2013 and 2014. The proportion of it was given in the form of tax breaks which help boost North Sea production.
Climate Change Levy has impact on Infinis Energy revenues
Infinis Energy said its revenue was down this year to £102.7million compared with 2014. The renewables company said its EBITDA was also lower at £56.5million compared with £58.3million the year previously. Infinis said its revenue had also been adversely affected by a £3.1million reduction in the company’s estimate of ROC recycle income previously accrued in the last financial year.
Green Investment Bank legislation could be required, peers told
New laws could be required to ensure the Green Investment Bank continues investing in renewable projects when it is privatised, a Government minister has suggested. Cabinet Office Minister Lord Bridges said he recognised concerns that the state-owned bank could be broken up or used to fund other non-green projects once it is privatised under Business Secretary Sajid Javid’s plans. The proposal has been controversial and Liberal Democrat peers warned there was no requirement that it continues its so far successful mission to boost renewable projects once it is sold off.
Scottish Government could miss key green energy target
The Scottish Government will miss a key green energy target if proposed wind power projects fail to attract enough investment, renewables leaders have said. Industry body Scottish Renewables estimated that without further support for offshore and onshore wind farms, the country would generate the equivalent of 87% of electricity demand from environmentally friendly sources by 2020. That is short of the target set by ministers of providing the equivalent of 100% of demand from renewables by this date.
UK offshore wind players meet to focus on future
The benefits of offshore windfarms to the UK economy will be highlighted at an event next week.
Greenpeace figures suggest record fall for global coal consumption
Global use of coal is heading for its biggest fall in history this year, an analysis by green campaigners suggests.
Community solar project aims to beat Government tax relief deadline
A new solar farm could provide clean power to more than 1,300 homes - if it beats the Government's tax relief deadline at the end of the month.
Dong Energy to build world’s biggest offshore wind farm in UK waters
Dong Energy is to construct the world's biggest wind farm, 12 miles off the UK's west coast and investing more than £10million in the project.
Warning over Highland small-scale renewable projects
Proposals which could see a significant reduction in available subsidies for small scale renewable projects could render a number of community-owned schemes in the Scottish Highlands as “unviable”, it has been claimed. The warning has been made by independent environmental consultants Atmos Consulting as a UK Government consultation on proposed changes to the system of feed-in tariffs closes today. The UK Government is currently proposing to reduce the level of subsidy available for small scale renewable energy projects from next year.