Funding boost for energy innovation project

Technology firm Faraday Grid has secured funding from government agency Innovate UK as part of a £1 million project.

The cash will be used to demonstrate how the Faraday Exchanger technology allows higher efficiency of electrical generation systems by increasing the electricity transmission capacity of those systems with the lowest losses.

The company will work with the University of Edinburgh and the Offshore Renewable Energy Catapult on the project.

> View Faraday's announcement


Tidal energy generator hits milestone

Scotrenewables’ first 2MW floating tidal stream turbine has generated more than 3GWh of renewable electricity during its first year of testing at the European Marine Energy Centre (EMEC) in Orkney.

The device has been supplying 25% of Orkney’s electricity needs during some points of the year.

Andrew Scott, Chief Executive of Scotrenewables Tidal Power, said: “The SR2000’s phenomenal performance has set a new benchmark for the tidal industry.”

> See Scotrenewables' statement


Foresight solar sees portfolio grow

The solar farms owned by London-listed Foresight Solar Fund generated 260GWh of electricity in the six months to 30 June thanks to sunnier weather.

During the period, the company bought a further five solar farms, adding a total of 53MW to its portfolio.

At the start of August, the company added a further 15 solar farms, with a combined capacity of 114MW.

> See Foresight's statement


First subsidy-free industrial solar park

Westcott Venture Park in Buckinghamshire is poised to become home to the UK’s first subsidy-free solar farm.

A 1.6MW solar park was commissioned on the site in 2011 using UK Government subsidies, but the new 15MW solar farm will be built without public cash.

The solar panels are expected to produce more power than the companies based on the business park will be able to use and so excess electricity will be sold to the grid, making the site “carbon negative”.

> View Westcott's announcement


Fourth biomass conversion completed at Drax

The Drax power station in North Yorkshire has moved a step closer to stopping burning coal to produce electricity.

The company has converted a fourth unit to burn biomass instead of coal.

Chief Executive Andy Koss said: “This is another major milestone in the transformation of the power station.”

> Read Drax's announcement