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as part of a bigger ₤ 50 million investment in renewable generation for its UK and also United States making sites, relocating the firm in the direction of

formerly acted as CFO in different firms, with the most up to date being the UK riches planning group IWP. Svante Kumlin, chief executive of EEW, said: "I am

hydro portfolio, along with a further 3 standalone projects found in the UK. Foresight Solar as well as JLEN currently have a well-established

UK renewable energy firm Ethical Power Group announced that private investor Greg Skinner has acquired a 50% stake from Hive Energy. This transaction includes a GBP 15 million ($18.6 million) working capital loan aimed at supporting the company’s growth. Skinner, co-founder of Quadrature Capital, will join Ethical Power’s board. Founder and CEO Thomas Kneen retains the other half of the business, which has expanded its operations internationally since Hive's investment in 2021, now active in countries like Spain, Italy, Greece, and New Zealand.Kneen emphasized that a new partner is essential for reaching their growth ambitions, with plans to launch projects in Italy and New Zealand while expanding their UK portfolio. Skinner expressed enthusiasm for Ethical Power's mission to decarbonize the grid and aligned values regarding sustainability. Ethical Power and Hive Energy will continue collaborating on joint projects in the UK, including Hive Ethical Project Development Ltd, where Hive retains a minority stake, and will explore future international opportunities. What does Greg Skinner's investment mean for Ethical Power's growth and international expansion? Here are some additional insights into what Greg Skinner's investment means for Ethical Power's growth and international expansion: Increased Capital for Expansion: The GBP 15 million working capital loan provided by Skinner will be crucial for enabling Ethical Power to scale its operations, invest in new technologies, and accelerate project development timelines. Enhanced Strategic Direction: With Skinner joining the board, Ethical Power will benefit from his experience and networks in the financial sector, potentially leading to more robust strategic initiatives that could open up new avenues for growth. Focus on Decarbonization: Skinner’s commitment to ethical investment aligns with the company’s mission of decarbonizing energy. This shared vision could lead to more innovative project ideas that prioritize sustainability and attract like-minded investors. Expansion into New Markets: Ethical Power's plans to launch projects in Italy and New Zealand indicate a clear strategy for international growth. Skinner’s financial backing could mitigate risks associated with entering new markets. Joint Venture Potential: The continuation of collaboration with Hive Energy on joint projects in the UK may lead to the development of synergies that can be leveraged in international markets, enhancing project viability and sustainability. Capacity for Diverse Projects: The acquisition will enable Ethical Power to diversify its project portfolio. Projects can range from wind and solar to energy storage solutions, accommodating varying energy needs in different geographical regions. Increased Visibility and Credibility: Bringing in a well-respected figure like Greg Skinner may enhance Ethical Power's credibility in the renewable energy space, helping attract new partnerships, customers, and potential investors. Talent Acquisition: With increased funding and a clear growth strategy, Ethical Power may seek to attract top talent in the renewable energy sector, further enhancing its capabilities and expanding operational excellence. R&D Investments: The financial positioning may allow Ethical Power to focus on research and development, potentially leading to innovative energy solutions that set the company apart in a competitive market. Regulatory Navigation: With Skinner's guidance and experience, Ethical Power may be better equipped to navigate the regulatory landscapes of various countries, facilitating smoother entry into international markets. Long-term Sustainability Goals: A stronger financial footing can help Ethical Power pursue ambitious long-term sustainability goals, contributing to global efforts against climate change and promoting clean energy adoption worldwide. These factors collectively position Ethical Power for sustained growth and impactful international expansion, enhancing its role in the renewable energy landscape.

currently has a solar development pipe of 2.7 GW across Ireland, the USA, UK and also Australia, along with 23MW of running assets in the USA. AIB's

will generate enough electricity to match the annual usage of around 6,500 UK homes, supplying Leonardo directly via a dedicated private wire link. Over

Renewables UK has opened a community consultation on the 250-megawatt Swansea North battery storage project, inviting residents to help shape one of

Project and must secure a Development Consent Order (DCO) from the UK Planning Inspectorate. IGP aims to submit its DCO application in late 2025

project aims to deliver 200MW of clean power capacity on behalf of the UK's net absolutely no by 2050 target, the designers announced last week. Peter

option in the marketplace today. As a leading residential installer in the UK, it has helped boost our organization whilst providing the maximum efficiency

of installations across Europe. Key markets driving growth are Italy, the UK and the Nordics, the report stated. The 5th version of the European Market

from being created on agricultural land. Discussing the report, Solar Energy UK CEO Chris Hewett said: "The UK solar industry is distressed by attempts

45MW project in Herefordshire results from be commissioned in 2024

On August 9, a thunderstorm caused 1.5 GW of generation capacity to go offline within seconds in the U.K. The incident caused millions of households to temporarily lose power but the situation could have been considerably worse if not for the country’s battery storage reserves.

A research team led by the University of Liverpool has developed a transparent conductive oxide material to replace tin with molybdenum. The results demonstrated better performance and potentially lower material costs than the transparent conducting layers used in today’s commercial solar cells.