UK pledges GBP3.5bn support for Merseyside tidal power project
The Government of UK has expressed support to the planned tidal power project on Merseyside, North West England through its National Transformation Fund.
The government has committed up to GBP3.5 billion (US$4.3 billion) investment to the project.
The project will harness the power of the River Mersey and Liverpool Bay.
Country updates
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September 02, 2019
SSE in talks with Ovo Group over the sale of its energy business in UK
SSE is in talks with Ovo Group for the sale of its energy business in UK. The energy business is currently servicing over 5.7 million household customers across the country. Once the...
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September 02, 2019
Equitix, Kansai invest in Electricity North West
Consortium led by Kansai Electric Power Co. Inc. and Equitix join First State Investments and J. P. Morgan Asset Management as owners of Electricity North West. The new consortium takes a 50% share in...
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August 30, 2019
Statkraft acquires entire shareholding of Airvolution Clean Energy Ltd.
Statkraft has acquired the entire shareholding of UK onshore wind developer Airvolution Clean Energy Ltd. The acquisition is in line with Statkraft’s recently stated ambitions to deploy 600 MW o...
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August 22, 2019
Beatrice Offshore Wind Farm closes refinancing
Beatrice Offshore Windfarm Ltd (BOWL), a joint venture between SSE Renewables (40%), Copenhagen Infrastructure Partners (35%) and Red Rock Power Limited (25%), has achieved a successful Financial Clos...
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August 20, 2019
ACCIONA to build and operate the Ness Energy Project in Scotland
ACCIONA has won a contract to construct and operate the Ness Energy Project, a waste-to-energy plant in Aberdeen, Scotland, with a capacity to treat 150,000 tonnes of waste per year. ACCIO...
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