When The Solar Cloth Company collapsed in June last year, it took with it nearly £1 million of crowd-funded finance. Liam Stoker investigates how this came to pass and potential failures within Crowdcube’s consumer protections.
A recap of the biggest news from the last week in UK solar and storage, including a drastic cut to embedded benefits, a petition delivered to government and an update on the smart power CFE
A new joint venture has been established to fund early stage energy storage and renewable energy projects in the UK, beginning with two of the winning projects from National Grid’s Enhanced Frequency Response (EFR) tender.
Open Energi’s Dynamic Demand technology has been integrated with Europe’s first grid-scale Tesla Powerpack installation in Somerset in preparation for the site entering the firm frequency response (FFR) tendering market.
Ofgem and the Department for Business, Energy and Industrial Strategy (BEIS) are planning to publish their response to the smart power call for evidence (CFE) in late May or early June, according to the regulator’s Andrew Burgess.
A House of Lords report calling for decarbonisation of the energy system to be relegated in favour of security of affordable supply has been slammed by green industry critics, who have called its conclusions ‘out of touch’ and ‘backward-looking’.
Bluefield Solar Income Fund (BSIF) has said it is ready to shift gear following the looming closure of the Renewables Obligation Certificate subsidy scheme.
