Weekly renewables M&A round-up (Dec 2-6)
Dec 06, 2019 15:48 CESTDecember 5 (Renewables Now) - Origami Energy will provide real-time management of energy assets for UK firm Good Energy Group Plc’s (LON:GOOD) industrial and commercial customers.
London-based Origami announced the agreement on Monday, and said it has also been selected to offer turnkey support, from analysis and specification to installation, for Good Energy’s battery storage projects.
Origami’s Technology Platform uses advanced machine learning techniques to process data from multiple electricity generation, demand and energy storage assets. It optimises the flexibility of energy and balances it against market requirements. Its solution supports the increased penetration of renewable energy and improved system resilience.
“The real-time control offered by our platform enables more efficient use of the assets, presenting a better return on investment for the asset owner and increased profitability for Good Energy,” said Origami CEO Peter Bance.
At the end of June, Good Energy had over 71,150 renewable electricity customers and 42,750 carbon-neutral gas customers. It also provided feed-in tariff (FiT) administration services to over 137,900 sites.
Weekly renewables M&A round-up (Dec 2-6)
Dec 06, 2019 15:48 CESTCanadian Solar sells 3.3-MWp UK solar plant to Elm Trading
Dec 06, 2019 13:57 CESTOctopus Renewables pockets GBP 350m in London IPO
Dec 06, 2019 9:55 CESTContourGlobal's 9-mo earnings benefit from CSP portfolio stake sale
Dec 05, 2019 13:33 CESTBP to raise stake in solar developer Lightsource BP to 50%
Dec 05, 2019 11:06 CESTFRV to develop 15-MWh energy storage project in UK
Dec 04, 2019 16:40 CEST