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inside the mountain. If become aware, the project would certainly become the UK's initial pumped-storage hydro power plant given that 1984. Drax is currently

company is part of UK renewables designer Hive Energy, which worked on the project before marketing it shovel-ready to Germany's Encavis AG (ETR: ECV) in

fund, Q-Energy V (QE V), with which it will mainly invest across Germany, the UK, Spain, Italy and Poland, targeting renewable energy assets in operation as

in strategic places. The company presently has production facilities in the UK and also Spain, and also sales offices in the USA, Europe, the United Arab

overall energy costs for consumers and lowering the carbon intensity of the UK power

UK solar heat firm Naked Energy has secured GBP 17 million in funding led by E.on Energy Infrastructure Solutions, with co-investment from Barclays. The Series B funding will aid in the company's growth and global expansion plans. Naked Energy's partnership with E.on SE, established in October 2023, aims to provide solar thermal collectors to commercial and industrial clients through a heat-as-a-service model.The investment will enable E.on EIS to offer Naked Energy's Virtu product range to its customers, aligning with the goal of decarbonizing heat. Naked Energy CEO Christophe Williams emphasized the importance of transitioning away from natural gas in the face of increasing demand for renewable heat. What impact will Naked Energy's funding and partnership have on solar heat industry? Increased funding will support Naked Energy's growth and global expansion plans in the solar heat industry. Partnership with E.on Energy Infrastructure Solutions will allow Naked Energy to provide solar thermal collectors to commercial and industrial clients through a heat-as-a-service model. E.on EIS will be able to offer Naked Energy's Virtu product range to its customers, contributing to the decarbonization of heat. The collaboration aims to help transition away from natural gas and meet the rising demand for renewable heat solutions.

a UK biomethane producer, has recently acquired Chiltern Solar Limited, a provider of solar PV and battery storage solutions. The business was

UK developer Hive Energy has sold a 267-MW portfolio of four solar projects in Greece to Juwi Hellas, the local subsidiary of Germany-based JUWI Group. The photovoltaic (PV) parks are to be located in Central Greece and are expected to generate enough electricity to power around 100,000 homes. This deal marks Hive Energy’s first project sale in Greece, with construction of the parks due to start in the first quarter of 2021. Juwi Hellas has successfully executed more than 60 projects in Greece with a total capacity of more than 300 MW, including the 204.3-MW Kozani park in Western Macedonia. What is Hive Energy's First Project in Greece? The four PV parks sold to Juwi Hellas will have a total capacity of 267 MW. The parks will be located in Central Greece. The projects are expected to generate enough electricity to power around 100,000 homes. It is the first project of Hive Energy in Greece. Construction of the parks is scheduled to start in the first quarter of 2021. Juwi Hellas has already successfully executed more than 60 projects in Greece, with a total capacity of more than 300 MW. The largest project of Juwi Hellas is the 204.3-MW Kozani park in Western Macedonia.

schools and community groups purchase renewable energy equipment. As the UK government has set a target of producing 30% of its electricity from renewable

UK investment firm Actis has completed a USD 600 million investment in Terra Solar Philippines Inc, securing an equity stake in a large-scale solar and energy storage project. This significant financial commitment underscores Actis's strategic focus on renewable energy investments in Southeast Asia.The project, developed by Terra Solar, aims to enhance the Philippines' renewable energy capacity, contributing to the country's energy transition goals. The investment will support the construction and operation of gigawatt-scale solar power facilities integrated with energy storage solutions, positioning the Philippines as a key player in the region's clean energy landscape. How will Actis's investment impact the Philippines' renewable energy landscape? Accelerate the Philippines' transition to renewable energy by increasing solar power capacity. Enhance energy security and reduce reliance on fossil fuels by integrating large-scale energy storage solutions. Create job opportunities in the renewable energy sector, boosting local economies. Position the Philippines as a leader in Southeast Asia's clean energy market. Encourage further foreign investment in the country's renewable energy projects. Support the Philippines' commitment to international climate goals and carbon reduction targets. Foster technological innovation and development in solar and energy storage systems. Improve grid stability and reliability through advanced energy management solutions.