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Octopus Energy Group results for FY24 – delivered 0.7% profit margin, tripled non-UK customer base, and increased net assets to ยฃ1.7bn

RESULTSย FORย FY24ย (ENDING APRIL 2024) Globalย energyย and techย groupย reportsย netย profitย of ยฃ83m (0.7%ย margin) Groupย revenues remained steady at ยฃ12.4bn Increasedย netย assetsย by ยฃ722m to ยฃ1.7bn (+145%) UKย energyย retail business absorbed another ยฃ74m of costs to keepย customerย bills lower during theย energyย crisis and support the ones most in need Non-UKย retailย customerย baseย tripledย to 1.2m ...

PM Modi, defining voice of global leadership, to be star speaker at ET NOW Global Business Summit 2025

In an era of rapid economic shifts and digital transformation, The Times Groupโ€™s, ET NOW Global Business Summit 2025 is set to ignite powerful conversations on the future of business and policy. This landmark gathering will bring together visionary...

Carbon capture relies on accurate greenhouse gas monitoring

As the world urgently seeks ways to decarbonise, James Clements from Signal Group explains how gas analysis will perform a vital role โ€“ particularly in carbon capture, and not just for CO2 but for all of the important greenhouse...

POWWR reveals huge disparities over what UK businesses pay for their energy

ย โ€“ย POWWR, a respected energy software provider, today reveals that whilst UK businesses are paying 6% less for their energy than last quarter, there are huge disparities from region to region. Whilst an average business in the North East of...

Advancing Offshore Wind Farm Operations with Lidar Technology

Equansโ€™ Meteorological Monitoring Module continues to drive advancements in offshore operational safety. For nearly a decade, the integration of ZX Lidars technology into Equans' Meteorological Monitoring Module has played a pivotal role in improving the safety and efficiency of offshore...

First hydrogen-powered truck for dry ice logistics: HOYER and Nippon Gases to operate an emission-free transportation solution

Hamburgย โ€“ย Inย close cooperation, Nippon Gases Deutschland and the HOYER Group bring into operation the first hydrogen-powered truck to transport dry ice. The vehicle, which is specially equipped for the operation, was officially handed over to Nippon Gases Deutschland and the...

ABB to acquire power electronics business of Gamesa Electric

Acquisition complements ABBโ€™s renewable power conversion portfolio adding significant market reach By 2030, renewable energy sources expected to account for almost half of global electricity generation, with the share of wind and solar PV doubling to 30 percent ...

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