Octopus energy renewable

Is octopus Renewables a European company?

This will make it one of the largest operators and investors in renewable energy in Europe. While Octopus Renewables will join the Octopus Energy family, it will retain its name, leadership and people. From June onwards*, Octopus Energy Group will manage Octopus Renewables’ European portfolio under its new business arm Octopus Energy Generation.

Who is Octopus Energy generation?

Beinneun, Scotland. Octopus Renewables Investments Octopus Energy Generation is one of Europe's largest investors in renewable power, managing ~4GW of renewable electricity over 240 large-scale green energy projects spanning 10 countries, with a combined asset value of £6 billion.

Why should you choose Octopus Energy?

Crucially, we're making sure customers get rewarded for making green energy choices. Be energy independent and save up to 90% on your electricity bill with an Octopus Energy solar panel and battery installation. If you're ready to generate and store your own renewable electricity, and sell excess energy back to the grid then find out more.

Does octopus use green energy?

Green energy is energy that does not produce carbon emissions when you use it. At Octopus, we primarily purchase your electricity from wind, solar and hydro (water) to power our 100% green electricity. Non-green energy, such as coal or natural gas however does produce carbon emissions when you use it. How can a smart meter make me greener?

How many Octopus Energy Power Purchase Agreements are there?

Of our 102 PPAs, 26 are 'standard' Octopus Energy Power Purchase Agreements with Octopus Energy Generation's sites and other renewable generators. We purchase the solar, wind, and hydro energy they generate directly. During peak generation periods, these sites could collectively power 80,000 UK homes.

Will Octopus Energy Group join octopus renewables?

Greg Jackson, CEO and founder of Octopus Energy Group, believes bringing the talent of both companies together will be a win-win for everyone involved. He said: “We are absolutely thrilledto join forces with Octopus Renewables, bringing the supply and the generation side of energy together under one roof.