Tag: Octopus
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UK reliance on Chinese renewable tech rises with Octopus deal
Britain’s largest electricity supplier, Octopus Energy, has signed a deal with Chinese wind turbine maker Ming Yang Smart Energy, potentially bringing Chinese-built turbines to the UK for the first time. The partnership aims to expand wind power capacity, reduce energy costs, and accelerate the country’s clean energy transition. However, the deal also highlights the UK’s…
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Octopus and British Gas go to war over £500 heat pump claims
As the UK heat pump market heats up, a clash between Octopus Energy and British Gas over “from £500” pricing has erupted into a full-blown row. Octopus was recently reprimanded by the UK’s ad watchdog for promoting heat pumps for £500, a figure the ASA said was misleading. Now Octopus is fighting back, accusing British…
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Octopus Energy aiming to provide 100,000 Zero Bill Homes by 2030
Octopus Energy is stepping up efforts to combat rising energy costs by helping to build 100,000 Zero Bills homes. The company aims to deliver these eco homes across the UK by 2030 that could potentially eliminate all energy bills for 5 to 10 years. Powered by renewable energy sources such as solar panels, heat pumps,…