Clean energy provider Good Energy has announced its acquisition of solar and storage firm JPS Renewable Energy as well as its subsidiary Trust Solar Wholesale.
Renewable energy company Good Energy has seen its H1 2023 revenue increase by 45.6% year-on-year (YoY) driven by higher tariffs due to high wholesale power and gas costs.
The UK solar market has seen substantial growth over 2022 with Good Energy highlighting “near record levels” of installations with an increase of over 125% year-on-year to 132,000.
Clean energy company Good Energy has recognised a growing appetite for solar generation with over 250,000 UK-based households considering a solar installation by 2026.
Ex-Good Energy CEO Juliet Davenport has joined energy storage business Gravitricity as an advisor to the board as it moves into its next phase of growth.