The Latest Sustainable Energy News from Low Carbon

05.09.18

Guest blog: Closure of the FiT, investors need a positive signal

On our guest blog, Stephen Roberts – Associate Political Consultant at The Whitehouse Consultancy – discusses the potential impacts of the FiT closure. The Whitehouse Consultancy is an award-winning issues-led communications agency with expertise in the infrastructure, transport, energy and environment space.

Government published two policy documents for the energy industry to consider over the summer. The first, a consultation to understand what the impact of closing the Feed-in-Tariff (FiT) in March 2019 will be. The second, a call for evidence on what could or should follow the closure to ensure there continues to be small-scale renewable deployment in the UK.

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17.07.18

Vitol and Low Carbon close Renewables Fund

Fund to commence investment in renewable energy projects

17 July 2018. Low Carbon and Vitol today announce the closing of a Jersey-based fund, VLC Renewables ⃰, focussed on generating significant investment into renewable energy assets across Europe.

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12.07.18

UrbanVolt signs $65m funding deal with UK investment firm Low Carbon

Deal will fund company’s international expansion

12 July 2018. UrbanVolt, the Irish company which established the Light as a Service business model, has signed a $65 million funding deal with UK investment company Low Carbon. In the biggest deal of its kind to date, the investment will be used to deliver energy efficiency projects across the US, UK and Continental Europe. UrbanVolt and Low Carbon share a common mission to reduce global energy consumption and have a measureable and positive impact on the environment. The greenhouse gas emissions which will be saved as a direct result of this investment is the equivalent of permanently removing every single car which commutes into Manhattan during rush hour.

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09.04.18

Low Carbon shortlisted for two Renewable Energy Association Awards

The Low Carbon team is delighted to be recognised for two major projects, which have been shortlisted in the 2018 British Renewable Energy Association Awards.

The team has been shortlisted in both the Energy Storage and Sustainability categories, with the awards to be presented at a gala event at the Savoy on 14 June.

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08.01.18

VLC Energy unveils UK’s largest battery storage portfolio

8 January 2018. VLC Energy has announced the completion of the UK’s largest portfolio of utility-scale, enhanced frequency response battery storage sites to support grid flexibility and increase reliance on low-carbon forms of electricity generation. VLC Energy is a joint venture between Low Carbon, a renewable energy investment company, and VPI Immingham, owner of one of the largest combined heat and power plants in Europe and part of the Vitol Group.

The 50MW portfolio, which is now grid connected, spans two sites including a 40MW battery park in Glassenbury in Kent and a 10 MW battery park located at Cleator in Cumbria. The two sites secured contracts as part of 2016’s 200MW National Grid Enhanced Frequency Response (EFR) auction, and will deliver a quarter of the auction’s capacity.

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