Latest coverage on electrification infrastructure, grid connections, EV charging, and energy storage
ABB, the power and automation technology group, and Power-One, a provider of renewable energy and of energy-efficient power conversion and power management solutions, have announced their boards of directors have agreed to a transaction in which ABB will acquire Power-One for $6.35 per share in cash or $1,028 million equity value.
Energy & Carbon Management, a UK energy consulting and broking firm says the industry faces a collapse in consumer confidence if ‘rogue’ energy brokers are able to continue to harass and tie organisations into crippling energy contracts which they can’t get out of.
EMSc (UK), manufacturer of the Powerstar voltage optimisation system, is pleased to announce it has signed a new distribution agreement with the Hamburg based company 67rockwell, in Germany.
Following DECC’s announcement of further delays to the domestic Renewable Heat Incentive, Beama has called on Greg Barker, minister for climate change, to urgently provide certainty to potential renewable heat customers. Beama’s marketing director Kelly Butler said: “Further delays of the RHI to Spring 2014 need not be a major market blow if the government commits to at least grandfather all Renewable Heat Premium Payment customers on to the full RHI scheme when it is launched. Past iterations of the RHPP scheme have fallen down due to the lack of certainty for RHI eligibility; so if the Government is truly committed to renewable heat then it is now time to give the right amount of confidence to investors.”
