After Recharge purchases assets of a collapsed company, the UK gigafactory will be a reality.
Energy regulator Ofgem orders halt to pre-pay meters being forcibly installed
After an investigation revealed that agents working for British Gas broke into the homes of vulnerable customers to install prepayment meters, the British energy regulator Ofgem ordered all suppliers to
£9bn in customers’ cash hoarded by energy companies
The cash pile exploded over the past year and reached its peak at November’s end when households were facing extreme financial pressure due to the cost of living crisis.
British Gas stops using warrants to force people into prepayment meters
The move is following allegations that third-party agents ignored the vulnerabilities of customers and broke into equipment to install it.
Britishvolt’s collapsed battery-maker triggers bidding war
Norwegian suitors show interest in a failed “gigafactory” company that is being sold.
Breaking: Australian battery maker makes a bid for Britishvolt
A start-up based in Australia has offered to rescue Britishvolt, the failing electric battery manufacturer. Britishvolt went bankrupt this month.
Electric car battery maker Britishvolt enters administration
Britishvolt was the maker of electric vehicle batteries. They have appointed administrators and made around 300 employees redundant.
Breaking: Electric car battery maker Britishvolt is on the brink of collapse
Britishvolt, the UK’s electric car battery manufacturer, was championed in part by Boris Johnson. It is expected to announce its administration.
Britishvolt customers put off by high prices as China ramps up battery production
As production methods improve, battery prices will generally decline.
Britishvolt averts collapse by providing five-week funding support
Britishvolt claims it has received funding for a few weeks and that its 300 employees have accepted a pay cut. The UK government-backed startup is trying to find a buyer,
UK-backed battery firm Britishvolt ‘gigafactory’ considers entering administration
The company is struggling to find investors willing to fund efforts to build giant £3.8bn ‘gigafactory’ in the northeast of England.
Operator Centrica says Rough gas storage faces deadlock over funding deal
Due to a dispute with ministers over funding, the owner of Britain’s largest storage site for gas has indicated that it will not be operational at its full capacity next