Drax Group on Tuesday said it could cut more than 350 jobs in the UK and North America as part of the power firm's ...

Power station owner has received billions of pounds in subsidies to convert former coal-fired station to run on wood pellets ...

Policymakers are rethinking biomass as new research shows wood pellets may increase carbon emissions rather than reduce them.

Renewable energy firm Drax has agreed to acquire Flexitricity, a UK‑based optimiser of flexible energy assets, from Quinbrook ...

Drax will retain all operational revenues apart from capacity market earnings.

Global investment manager Quinbrook has sold its energy optimisation business Flexitricity to Drax Group. The £42 million ...

Jan 30 (Reuters) - British power firm Drax Group said on Friday it has signed a 10-year tolling agreement for a 250-megawatt battery energy storage system (BESS) with Fidra Energy, as the company ...

Energy generator Drax has unveiled plans to develop a data centre at its 1,000 acre Yorkshire site in efforts to 'maximise' its value. Drax has been under scrutiny from regulators and lawmakers over ...

Drax Group is acquiring Edinburgh-based Flexitricity, which provides reserve electricity to the National Grid, from Quinbrook ...

Drax facilitates around 2,000 embedded third-party renewable assets as part of its Drax Energy Solutions operations.