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Swell Readies Up To $450M in Financing for Solar-Plus-Battery Virtual Power Plants

GreenTechMedia

Swell Energy has lined up $450 million in financing to give homeowners and business owners batteries and solar systems at no upfront cost, and earn the money back by turning them into virtual power plants serving utilities’ grid needs. These behind-the-meter assets are increasingly becoming targets for infrastructure investors.

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After Bold Promise, New Jersey’s Energy Storage Plan Remains a Mystery

GreenTechMedia

New Jersey looked like the promised land for energy storage. Phil Murphy campaigned in 2017 on a clean energy platform that pushed for a 100 percent clean grid by 2050. When Murphy won and took office, he signed sweeping clean energy legislation in May 2018 that turned his goals into law. Who’s the Boss?

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Gas network operators and energy suppliers urge government to promote hydrogen-fueled recovery

Business Green

EXCLUSIVE: In a letter to Chancellor Rishi Sunak, Siemens Energy, Engie, National Grid, and Ryse Hydrogen call for the government to emulate its successful approach to offshore wind development and set an official cost reduction target for green hydrogen.

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Five trailblazing heat pump projects in the UK

Smart Energy International

Heat pump benefits are no secret – they are much more energy efficient than their gas boiler alternatives and provide a much needed pathway for the decarbonisation of heating and cooling, a notoriously hard-to-abate sector. In 2021, approximately 85% of UK domestic heating was provided through networked gas. Enter the BEIS.

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? Copper’s the new gold rush #184

Climate Tech VC

  KoBold Metals discovered a major copper deposit, which could be the start to solving growing supply and demand imbalances brought on by copper’s fundamental role in the energy transition.  Mingomba could drive further investment in what might eventually become a major copper supplier.   Big enough to matter.

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Bills set to 'skyrocket', despite fall in energy price cap

Business Green

But analysts warned the cut will come as cold comfort to many households given the price cap remains above the level set by the government's Energy Price Guarantee (EPG) support scheme. But given the government has set the EPG at £3,000 for a typical bill from April, consumers will not pay the full level of the energy price cap.

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Can green Tories push the next PM to offer more support for insulation and heat pumps?

Business Green

Conservative Environment Network calls for expansion of schemes for energy efficiency and heat pumps, alongside longer-term clarity to encourage green investment. If we act decisively now, we can insulate hundreds of thousands of fuel-poor homes to lower energy bills permanently," he said.