ScottishNews.com

Energy

SMS marks steady H1 2023 performance fuelled by recurring revenues

Published 1 year ago

Glasgow-headquartered Smart Metering Systems (SMS) has reported robust growth in the first half of 2023, with its index-linked recurring revenues (ILARR) growing 13.3% to £110 million from £97.1m.

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RSK acquires Aberdeen engineering and energy transition expert PD&MS

Published 1 year ago

Specialist engineering services company PD&MS has been acquired by RSK Group.

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AMTE Power staves off administration with £1m bridging loan

Published 1 year ago

Scottish battery manufacturer AMTE Power has secured a £1 million bridging loan from Arena Investors LP, providing a lifeline to the company as it was on the brink of administration due to financial distress.

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Scottish Government approves Drax’s £500m pumped storage hydro plant

Published 1 year ago

Energy firm Drax Group has received approval from the Scottish Government to construct a new £500 million underground pumped storage hydro plant at its existing Cruachan facility in Argyll.

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First wind turbine installed at Neart na Gaoithe offshore wind farm

Published 1 year ago

The most pivotal milestone yet in the development of the Neart na Gaoithe (NnG) offshore wind farm has been reached with the installation of its first wind turbine at sea.

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Shetland wind farm development reveals £70m supply chain investment

Published 1 year ago

SSE Renewables’ flagship onshore wind project in Shetland has seen more than £70 million spent so far since work commenced in 2020.

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Potential administration looms for AMTE Power amid financial woes

Published 1 year ago

Battery cell manufacturer AMTE Power has said it is urgently seeking further investment as the company is at risk of administration.

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Calum Crighton appointed to Decom Mission board

Published 1 year ago

Calum Crighton has been appointed as a member of the Decom Mission board of directors.

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Angus Rural Mobility Hub awarded funding to explore development of green hydrogen

Published 1 year ago

The Angus Rural Mobility Hub has been awarded £10,000 of funding by the Energy Technology Partnership (ETP) to explore the development of green hydrogen for use in the heavy-duty vehicle sector.

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Companies urged to register for offshore wind opportunities

Published 1 year ago

Supply chain companies in the renewable energy sector are being encouraged to register their details for advanced notice of potential contracts related to a major offshore wind project in Argyll.

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Clarksons Offshore & Renewables bolsters presence in Scotland with new Edinburgh office

Published 1 year ago

Clarkson Offshore & Renewables has opened its first Edinburgh office to serve as a hub for Clarksons’ Renewables division in Scotland, catering to the specific needs of the renewables offshore construction industry.

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Ofgem approves transmission link for Orkney

Published 1 year ago

Orkney’s Community Wind Farm Project has taken a further step forward with energy regulator Ofgem’s approval of a new electricity transmission link.

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Positive cash flow on Horizon for Wood Group as H1 2023 revenues rise

Published 1 year ago

Aberdeen-based energy services operator Wood Group has reported robust trading for H1 with revenues expected at £2.2 billion, a 15% increase compared to the same period the previous year.

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CIH report highlights benefits of social energy tariff

Published 1 year ago

The benefits a social energy tariff would provide for social housing providers and their residents have been outlined in a new report by the Chartered Institute of Housing (CIH).

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Scotland’s most powerful EV charging hub confirmed for Dundee

Published 1 year ago

Energy infrastructure expert SSE Energy Solutions is installing Scotland’s most powerful electric vehicle (EV) charging hub in Dundee.

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