Tag: Octopus

Octopus and Masdar forge strategic pact to turbocharge clean energy systems in the UK and Africa

Stuart Mitchell

Octopus Energy, the global energy tech disruptor, has signed two Memoranda of Understanding (MOUs) with Abu Dhabi Future Energy PJSC – Masdar, a global clean energy leader, for initiatives in the UK and Africa. Octopus and Masdar will look to work together to free up hidden capacity across the UK’s distribution network to power the next generation of data centres. The companies signed the agreements during Abu Dhabi Sustainability Week in the UAE. The UK is facing an unprecedented crunch on grid connections, with renewable energy projects often waiting years…

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Perenna and Octopus (l)ink arms to offer world-first ‘Zero Bills’ mortgage

Stuart Mitchell

Octopus Energy and the UK’s first covered bond bank, Perenna, recently launched the world’s first ‘Zero Bills’ home mortgage, unlocking sustainable homeownership for many more people across the country. ‘Zero Bills’ is a cutting-edge smart initiative created by Octopus that allows customers to move into homes that are kitted out with green energy technology, such as heat pumps and solar PV, and with no energy bills for at least ten years. Perenna is the first bank to factor the value of Octopus’ ‘Zero Bills’ initiative into its affordability calculations. The…

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