Good Energy is looking to increase its supply roster by offering power purchase agreements to utility-scale solar and wind assets left stranded by cuts to subsidies. The clean energy supplier is planning to put forward a five-year fixed offering, with ambitions to grow its PPA portfolio by 25% over last year. Speaking to Solar Power Portal, Benjamin Turner, renewables originator at Good Energy, says the supplier is eyeing up the built solar market if there’s interest, although there is currently a bigger focus on wind. “We are looking at making an offering for some of the subsidy-free projects that are already in the ground. There are a lot of assets that began building, then the FiT was cut… They’ve got no subsidy and they’re struggling to find a place. We just want to see how much interest there is around that.”
Solar Power Portal 21st May 2019 read more »
SSE has vowed to sever ties with its home energy supply business by the end of next year after the supplier lost over half a million customers. The Big Six owner said it would sell the supply arm, or list it as a separate business, by the second half of 2020 after failing to spin off the embattled business in a deal with Npower last year. SSE lost more than half a million customers from its home supply arm in the year to March after customer accounts fell to 6.25m, from 6.8m the year before.
Telegraph 22nd May 2019 read more »