Month: October 2025

Global Property Linked Finance Initiative launched to create new global asset class unlocking trillions to fund building decarbonisation and resilience

Stuart Mitchell

The Green Finance Institute (GFI) and the Climate Bonds Initiative (Climate Bonds) have today announced the launch of the Global Property Linked Finance Initiative (GPLFI) during Climate Week New York City. This landmark initiative aims to scale Property Linked Finance (PLF) into a globally recognised asset class capable of unlocking billions in private capital for net-zero and climate-resilient buildings. PLF is a proven, innovative, financing mechanism that links repayments to the property rather than the owner, enabling long-term, affordable finance for building upgrades and overcoming the barrier of prohibitive upfront…

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RES signs digital solutions contract with TRIG to support major UK battery storage project

Stuart Mitchell

RES, the world’s largest independent renewable energy company, has signed a contract with The Renewables Infrastructure Group (TRIG) to deliver its energy management system for a key battery energy storage project in the North East of England through its growing Digital Solutions business. Located in Spennymoor, County Durham, the 100MW, two-hour duration battery energy storage system (BESS)  will help strengthen the UK’s electricity system by storing renewable power when it is abundant and releasing it when demand is high. The site, which is currently in construction, was developed by RES,…

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EFA responds to Meta’s muzzling of European civil society

Stuart Mitchell

On 25 July, Meta announced its intention to ban all advertising relating to political, electoral or social issues within the European Union from October 2025. The details provided in an official Meta document published on 26 September will lead to the removal of almost all civil society publications from its platforms. The European Fundraising Association is concerned about the major risks to freedom of expression and information and the significant impact this decision will have on the capacity and finances of European civil society organisations. Censorship solely at the discretion…

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Octopus boosts customer support fund to £40m and locks in extra help with fintech partner

Stuart Mitchell

Octopus Energy has added an extra £10 million into its financial support fund Octo Assist, now totaling £40 million – boosting help for households struggling with their bills this winter.   Since launching in 2021, Octo Assist has helped over 100,000 customers access financial support, while making the process as quick and easy as possible. With £40 million available, more people can get help faster, often receiving relief directly in their energy accounts within days of applying. Thanks to a partnership with innovative fintech platform Paylink, Octo Assist also identifies other financial…

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4.5 million cuppas? Scots power the world’s largest virtual power plant

Stuart Mitchell

Scotland might be known for whisky, iconic castles and stunning landscapes, but now it’s making waves in the world of green tech.  Households across the country are helping to power the world’s largest Virtual Power Plant (VPP), as Octopus Energy’s tech platform Kraken smashes through a record-breaking milestone of 2GW of managed energy devices.  With over 20,000 local green devices connected to Kraken – from electric vehicles and batteries, to heat pumps and solar panels – Scottish households are helping to reduce the grid’s reliance on dirty fossil fuels, soaking…

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