Posted on: 31/05/2016
Yorkshire backs first UK shale project since 2011
North Yorkshire County Council’s planning committee has given Third Energy permission to extract shale gas using the technique known as hydraulic fracturing or “fracking”, the first project of its kind to be given the go-ahead in the UK for five years.
Conventional drilling for gas has already taken place at the site near Kirby Misperton.
Rasik Valand, Chief Executive of Third Energy, said the company still needed permission from the Environment Agency and the Energy Secretary.
> Read North Yorkshire County Council's announcement
Ecotricity’s hybrid energy parks get planning permission
Renewable energy developer Ecotricity has been granted planning permission to build two hybrid energy parks.
The company will erect solar panels at its existing wind farms at Bulkworthy in Devon and Dalby in Leicestershire.
The company has also been given consent to extend the UK’s first hybrid energy park at Fen Farm in Lincolnshire.
> Read Ecotricity's announcement
Powervault raises £1.2m through crowdfunding
Energy storage company Powervault has raised £1.2 million through crowdfunding website CrowdCube, overshooting its £750,000 target and winning backing from investors including former SSE Chief Executive Ian Marchant.
Venture capital firm Future Matters has invested £200,000 in the latest round, with Green Angel Syndicate pumping in £195,000 and the London Co-Investment Fund adding £80,000 on top of the £200,000 it invested in the company last year.
Powervault set a world record in 2014 when it raised £150,000 of seed funding in just eight hours and then raised a further £750,000 last year in only three-and-a-half days.
> Watch Powervault's progress
Good Energy sells solar farm to Trina
Good Energy, the renewable power developer listed on the London Stock Exchange’s Alternative Investment Market (AIM), has sold its 4.65MW solar site at Wrotham near Maidstone in Kent to the Trina Solar Group.
Juliet Davenport, Founder and Chief Executive at Good Energy, said: “This is our third project with Trina and we look forward to seeing the operational site and the consequential benefits for the community and local wildlife.”
Good Energy will make a profit of between £430,000 and £480,000 on the sale of the site.
> See Good Energy's statement
James Fisher wins Wave Hub contract
Wave Hub, the Cornish test centre, has awarded a £2.83 million contract to Cumbria-based James Fisher Marine Services.
James Fisher will upgrade connectors and lay further cables at the facility.
The project will allow Wello to test its 1MW “Penguin” device at the centre.
> Find out more about Wave Hub