News & Updates
The latest news and updates from companies in the WLTH portfolio.
Britons turn to solar power to 'insulate' against oil and gas chaos, says E.On
War in the Middle East is prompting Britons to turn away from fossil fuel-driven power, as E.On revealed a spike in solar panel sales over recent weeks. The electricity supplier said solar sales were up by 62% this month, compared with the previous month, while website visits to the solar page soared by a similar amount over the first week of March. E.On UK's chief executive Chris Norbury told the Press Association: "There's probably never been a more important time to bring products to market that have the potential to make a significant difference to residential customers' energy bills. "Ultimately, what all of our customers tell us very clearly is they want solutions that help bring energy prices down for them not just temporarily, but sustainably and on an enduring basis." It comes as E.On, which is one of the UK's biggest electricity suppliers, announced the launch of a new service that uses automation to reduce bills for homes with solar panels and batteries. The tool, named Next Optimise, connects to wholesale prices and uses automation to charge batteries when wholesale prices are low, and use or export stored energy when prices rise. The technology has been used in 80,000 Australian homes, where sunnier weather has helped it get ahead of the uptake of solar power relative to other countries, including the UK. Dan Adams, the chief executive of Amber Electric, which has partnered with E.On to provide the technology, said he thinks the shift has made Australia "less exposed to some of these big shocks because of that increased uptake" of solar. E.On's Mr Norbury said: "As a country, we are in a better position than we were in 2022, but there's still a hell of a lot more work to do. "We have the opportunity to do that work quickly, to continue the decarbonisation of our energy system, which is ultimately what will insulate us from fossil fuel-driven events such as this." Electrifying home energy, such as battery and solar, needs to be done quickly and will benefit households who are more vulnerable to price volatility, he argued. It comes as the prices of crude oil and natural gas have rocketed in recent weeks in response to the effective closure of the Strait of Hormuz and damage to energy infrastructure in the Middle East. Martin McCluskey, minister for energy consumers, said: "Events in the Middle East remind us that our mission for clean, homegrown power is essential for our energy security. "Solar power will play a crucial part in that mission, and it's clear that the British people are recognising that, too. "That's why we're also making it possible for consumers to buy plug-in solar in shops within months - helping people to save money on their bills and protecting them from volatile fossil fuel markets."
Fund with Anthropic stake extends drop in stunning IPO reversal
NEW YORK: Shares of the Fundrise Innovation Fund fell sharply for a second straight day last Friday, though they remain well above the underlying value of its holdings in private tech firms including the potentially initial public offering (IPO)-bound SpaceX and Anthropic PBC. The closed-end fund sank 34% to US$173 in New York, extending the prior day's 31% slump. The pullback capped a wild week of trading since shares listed on the New York Stock Exchange on March 19. Gains in each of its first five sessions saw the stock price explode to as high as US$575 last Wednesday, or about 3,000% above its estimated net asset value per share of US$18.97. The past two days' reversal, which coincided with a short call from Citron Research, was almost as spectacular. A representative for Fundrise Innovation didn't immediately respond to a request for comment. Yet with a current market value of slightly more than US$6bil versus net assets in the fund of US$679mil, investors are still paying up for the shares at prices equivalent to more than nine times the combined value of its private company holdings based on their last funding rounds. This hefty and some say unsustainable premium is not solely due to a rush by small investors to get a slice of the hottest private tech companies. It also reflects a trading squeeze created by provisions that restrict most of Fundrise Innovation's 100,000-plus investors from selling in the first six months after the listing are another factor. The fund is just one of a proliferating number of public investment options for investors that want to secure a liquid exposure to companies such as SpaceX, Anthropic, OpenAI and Anduril. SpaceX is readying to file for a potential US$75bil IPO in the coming days, Anthropic is eyeing a potential debut raising as much as US$60bil as soon as October and OpenAI is also mulling a plan to list as early as this year, Bloomberg and other media outlets have reported. Getting stakes in these private companies well before they go public or stay private for longer has long been a challenge for small investors, given their funding rounds are typically confined to large investment firms able to write big checks or that require access to special purpose vehicles. Though less extreme than Fundrise Innovation, Destiny Tech100 Inc, a venture-focused closed-end fund whose largest holding is in SpaceX, sparked a frenzy of its own when it debuted in 2024. Notably, its shares now trade at US$28.03, down nearly three quarters from their peak. "Trading at a massive premium and then seeing the premium quickly collapse is not unique to Fundrise Innovation, as we saw the same pattern occur with Destiny Tech100," said Jack Shannon, equity strategies principal at Morningstar Inc. -- Bloomberg
Britons turn to solar power to 'insulate' against oil and gas chaos, says E.On
War in the Middle East is prompting Britons to turn away from fossil fuel-driven power, as E.On revealed a spike in solar panel sales over recent weeks. The electricity supplier said solar sales were up by 62% this month, compared with the previous month, while website visits to the solar page soared by a similar amount over the first week of March. E.On UK's chief executive Chris Norbury told the Press Association: "There's probably never been a more important time to bring products to market that have the potential to make a significant difference to residential customers' energy bills. "Ultimately, what all of our customers tell us very clearly is they want solutions that help bring energy prices down for them not just temporarily, but sustainably and on an enduring basis." It comes as E.On, which is one of the UK's biggest electricity suppliers, announced the launch of a new service that uses automation to reduce bills for homes with solar panels and batteries. The tool, named Next Optimise, connects to wholesale prices and uses automation to charge batteries when wholesale prices are low, and use or export stored energy when prices rise. The technology has been used in 80,000 Australian homes, where sunnier weather has helped it get ahead of the uptake of solar power relative to other countries, including the UK. Dan Adams, the chief executive of Amber Electric, which has partnered with E.On to provide the technology, said he thinks the shift has made Australia "less exposed to some of these big shocks because of that increased uptake" of solar. E.On's Mr Norbury said: "As a country, we are in a better position than we were in 2022, but there's still a hell of a lot more work to do. "We have the opportunity to do that work quickly, to continue the decarbonisation of our energy system, which is ultimately what will insulate us from fossil fuel-driven events such as this." Electrifying home energy, such as battery and solar, needs to be done quickly and will benefit households who are more vulnerable to price volatility, he argued. It comes as the prices of crude oil and natural gas have rocketed in recent weeks in response to the effective closure of the Strait of Hormuz and damage to energy infrastructure in the Middle East. Martin McCluskey, minister for energy consumers, said: "Events in the Middle East remind us that our mission for clean, homegrown power is essential for our energy security. "Solar power will play a crucial part in that mission, and it's clear that the British people are recognising that, too. "That's why we're also making it possible for consumers to buy plug-in solar in shops within months - helping people to save money on their bills and protecting them from volatile fossil fuel markets."
Britons turn to solar power to 'insulate' against oil and gas chaos, says E.On
War in the Middle East is prompting Britons to turn away from fossil fuel-driven power, as E.On revealed a spike in solar panel sales over recent weeks. The electricity supplier said solar sales were up by 62% this month, compared with the previous month, while website visits to the solar page soared by a similar amount over the first week of March. E.On UK's chief executive Chris Norbury told the Press Association: "There's probably never been a more important time to bring products to market that have the potential to make a significant difference to residential customers' energy bills. "Ultimately, what all of our customers tell us very clearly is they want solutions that help bring energy prices down for them not just temporarily, but sustainably and on an enduring basis." It comes as E.On, which is one of the UK's biggest electricity suppliers, announced the launch of a new service that uses automation to reduce bills for homes with solar panels and batteries. The tool, named Next Optimise, connects to wholesale prices and uses automation to charge batteries when wholesale prices are low, and use or export stored energy when prices rise. The technology has been used in 80,000 Australian homes, where sunnier weather has helped it get ahead of the uptake of solar power relative to other countries, including the UK. Dan Adams, the chief executive of Amber Electric, which has partnered with E.On to provide the technology, said he thinks the shift has made Australia "less exposed to some of these big shocks because of that increased uptake" of solar. E.On's Mr Norbury said: "As a country, we are in a better position than we were in 2022, but there's still a hell of a lot more work to do. "We have the opportunity to do that work quickly, to continue the decarbonisation of our energy system, which is ultimately what will insulate us from fossil fuel-driven events such as this." Electrifying home energy, such as battery and solar, needs to be done quickly and will benefit households who are more vulnerable to price volatility, he argued. It comes as the prices of crude oil and natural gas have rocketed in recent weeks in response to the effective closure of the Strait of Hormuz and damage to energy infrastructure in the Middle East. Martin McCluskey, minister for energy consumers, said: "Events in the Middle East remind us that our mission for clean, homegrown power is essential for our energy security. "Solar power will play a crucial part in that mission, and it's clear that the British people are recognising that, too. "That's why we're also making it possible for consumers to buy plug-in solar in shops within months - helping people to save money on their bills and protecting them from volatile fossil fuel markets."
Britons turn to solar power to 'insulate' against oil and gas chaos, says E.On
War in the Middle East is prompting Britons to turn away from fossil fuel-driven power, as E.On revealed a spike in solar panel sales over recent weeks. The electricity supplier said solar sales were up by 62% this month, compared with the previous month, while website visits to the solar page soared by a similar amount over the first week of March. E.On UK's chief executive Chris Norbury told the Press Association: "There's probably never been a more important time to bring products to market that have the potential to make a significant difference to residential customers' energy bills. "Ultimately, what all of our customers tell us very clearly is they want solutions that help bring energy prices down for them not just temporarily, but sustainably and on an enduring basis." It comes as E.On, which is one of the UK's biggest electricity suppliers, announced the launch of a new service that uses automation to reduce bills for homes with solar panels and batteries. The tool, named Next Optimise, connects to wholesale prices and uses automation to charge batteries when wholesale prices are low, and use or export stored energy when prices rise. The technology has been used in 80,000 Australian homes, where sunnier weather has helped it get ahead of the uptake of solar power relative to other countries, including the UK. Dan Adams, the chief executive of Amber Electric, which has partnered with E.On to provide the technology, said he thinks the shift has made Australia "less exposed to some of these big shocks because of that increased uptake" of solar. E.On's Mr Norbury said: "As a country, we are in a better position than we were in 2022, but there's still a hell of a lot more work to do. "We have the opportunity to do that work quickly, to continue the decarbonisation of our energy system, which is ultimately what will insulate us from fossil fuel-driven events such as this." Electrifying home energy, such as battery and solar, needs to be done quickly and will benefit households who are more vulnerable to price volatility, he argued. It comes as the prices of crude oil and natural gas have rocketed in recent weeks in response to the effective closure of the Strait of Hormuz and damage to energy infrastructure in the Middle East. Martin McCluskey, minister for energy consumers, said: "Events in the Middle East remind us that our mission for clean, homegrown power is essential for our energy security. "Solar power will play a crucial part in that mission, and it's clear that the British people are recognising that, too. "That's why we're also making it possible for consumers to buy plug-in solar in shops within months - helping people to save money on their bills and protecting them from volatile fossil fuel markets."
Britons turn to solar power to 'insulate' against oil and gas chaos, says E.On
War in the Middle East is prompting Britons to turn away from fossil fuel-driven power, as E.On revealed a spike in solar panel sales over recent weeks. The electricity supplier said solar sales were up by 62% this month, compared with the previous month, while website visits to the solar page soared by a similar amount over the first week of March. E.On UK's chief executive Chris Norbury told the Press Association: "There's probably never been a more important time to bring products to market that have the potential to make a significant difference to residential customers' energy bills. "Ultimately, what all of our customers tell us very clearly is they want solutions that help bring energy prices down for them not just temporarily, but sustainably and on an enduring basis." It comes as E.On, which is one of the UK's biggest electricity suppliers, announced the launch of a new service that uses automation to reduce bills for homes with solar panels and batteries. The tool, named Next Optimise, connects to wholesale prices and uses automation to charge batteries when wholesale prices are low, and use or export stored energy when prices rise. The technology has been used in 80,000 Australian homes, where sunnier weather has helped it get ahead of the uptake of solar power relative to other countries, including the UK. Dan Adams, the chief executive of Amber Electric, which has partnered with E.On to provide the technology, said he thinks the shift has made Australia "less exposed to some of these big shocks because of that increased uptake" of solar. E.On's Mr Norbury said: "As a country, we are in a better position than we were in 2022, but there's still a hell of a lot more work to do. "We have the opportunity to do that work quickly, to continue the decarbonisation of our energy system, which is ultimately what will insulate us from fossil fuel-driven events such as this." Electrifying home energy, such as battery and solar, needs to be done quickly and will benefit households who are more vulnerable to price volatility, he argued. It comes as the prices of crude oil and natural gas have rocketed in recent weeks in response to the effective closure of the Strait of Hormuz and damage to energy infrastructure in the Middle East. Martin McCluskey, minister for energy consumers, said: "Events in the Middle East remind us that our mission for clean, homegrown power is essential for our energy security. "Solar power will play a crucial part in that mission, and it's clear that the British people are recognising that, too. "That's why we're also making it possible for consumers to buy plug-in solar in shops within months - helping people to save money on their bills and protecting them from volatile fossil fuel markets."
Britons turn to solar power to 'insulate' against oil and gas chaos, says E.On
War in the Middle East is prompting Britons to turn away from fossil fuel-driven power, as E.On revealed a spike in solar panel sales over recent weeks. The electricity supplier said solar sales were up by 62% this month, compared with the previous month, while website visits to the solar page soared by a similar amount over the first week of March. E.On UK's chief executive Chris Norbury told the Press Association: "There's probably never been a more important time to bring products to market that have the potential to make a significant difference to residential customers' energy bills. "Ultimately, what all of our customers tell us very clearly is they want solutions that help bring energy prices down for them not just temporarily, but sustainably and on an enduring basis." It comes as E.On, which is one of the UK's biggest electricity suppliers, announced the launch of a new service that uses automation to reduce bills for homes with solar panels and batteries. The tool, named Next Optimise, connects to wholesale prices and uses automation to charge batteries when wholesale prices are low, and use or export stored energy when prices rise. The technology has been used in 80,000 Australian homes, where sunnier weather has helped it get ahead of the uptake of solar power relative to other countries, including the UK. Dan Adams, the chief executive of Amber Electric, which has partnered with E.On to provide the technology, said he thinks the shift has made Australia "less exposed to some of these big shocks because of that increased uptake" of solar. E.On's Mr Norbury said: "As a country, we are in a better position than we were in 2022, but there's still a hell of a lot more work to do. "We have the opportunity to do that work quickly, to continue the decarbonisation of our energy system, which is ultimately what will insulate us from fossil fuel-driven events such as this." Electrifying home energy, such as battery and solar, needs to be done quickly and will benefit households who are more vulnerable to price volatility, he argued. It comes as the prices of crude oil and natural gas have rocketed in recent weeks in response to the effective closure of the Strait of Hormuz and damage to energy infrastructure in the Middle East. Martin McCluskey, minister for energy consumers, said: "Events in the Middle East remind us that our mission for clean, homegrown power is essential for our energy security. "Solar power will play a crucial part in that mission, and it's clear that the British people are recognising that, too. "That's why we're also making it possible for consumers to buy plug-in solar in shops within months - helping people to save money on their bills and protecting them from volatile fossil fuel markets."
Britons turn to solar power to 'insulate' against oil and gas chaos, says E.On
War in the Middle East is prompting Britons to turn away from fossil fuel-driven power, as E.On revealed a spike in solar panel sales over recent weeks. The electricity supplier said solar sales were up by 62% this month, compared with the previous month, while website visits to the solar page soared by a similar amount over the first week of March. E.On UK's chief executive Chris Norbury told the Press Association: "There's probably never been a more important time to bring products to market that have the potential to make a significant difference to residential customers' energy bills. "Ultimately, what all of our customers tell us very clearly is they want solutions that help bring energy prices down for them not just temporarily, but sustainably and on an enduring basis." It comes as E.On, which is one of the UK's biggest electricity suppliers, announced the launch of a new service that uses automation to reduce bills for homes with solar panels and batteries. The tool, named Next Optimise, connects to wholesale prices and uses automation to charge batteries when wholesale prices are low, and use or export stored energy when prices rise. The technology has been used in 80,000 Australian homes, where sunnier weather has helped it get ahead of the uptake of solar power relative to other countries, including the UK. Dan Adams, the chief executive of Amber Electric, which has partnered with E.On to provide the technology, said he thinks the shift has made Australia "less exposed to some of these big shocks because of that increased uptake" of solar. E.On's Mr Norbury said: "As a country, we are in a better position than we were in 2022, but there's still a hell of a lot more work to do. "We have the opportunity to do that work quickly, to continue the decarbonisation of our energy system, which is ultimately what will insulate us from fossil fuel-driven events such as this." Electrifying home energy, such as battery and solar, needs to be done quickly and will benefit households who are more vulnerable to price volatility, he argued. It comes as the prices of crude oil and natural gas have rocketed in recent weeks in response to the effective closure of the Strait of Hormuz and damage to energy infrastructure in the Middle East. Martin McCluskey, minister for energy consumers, said: "Events in the Middle East remind us that our mission for clean, homegrown power is essential for our energy security. "Solar power will play a crucial part in that mission, and it's clear that the British people are recognising that, too. "That's why we're also making it possible for consumers to buy plug-in solar in shops within months - helping people to save money on their bills and protecting them from volatile fossil fuel markets."
Britons turn to solar power to 'insulate' against oil and gas chaos, says E.On
War in the Middle East is prompting Britons to turn away from fossil fuel-driven power, as E.On revealed a spike in solar panel sales over recent weeks. The electricity supplier said solar sales were up by 62% this month, compared with the previous month, while website visits to the solar page soared by a similar amount over the first week of March. E.On UK's chief executive Chris Norbury told the Press Association: "There's probably never been a more important time to bring products to market that have the potential to make a significant difference to residential customers' energy bills. "Ultimately, what all of our customers tell us very clearly is they want solutions that help bring energy prices down for them not just temporarily, but sustainably and on an enduring basis." It comes as E.On, which is one of the UK's biggest electricity suppliers, announced the launch of a new service that uses automation to reduce bills for homes with solar panels and batteries. The tool, named Next Optimise, connects to wholesale prices and uses automation to charge batteries when wholesale prices are low, and use or export stored energy when prices rise. The technology has been used in 80,000 Australian homes, where sunnier weather has helped it get ahead of the uptake of solar power relative to other countries, including the UK. Dan Adams, the chief executive of Amber Electric, which has partnered with E.On to provide the technology, said he thinks the shift has made Australia "less exposed to some of these big shocks because of that increased uptake" of solar. E.On's Mr Norbury said: "As a country, we are in a better position than we were in 2022, but there's still a hell of a lot more work to do. "We have the opportunity to do that work quickly, to continue the decarbonisation of our energy system, which is ultimately what will insulate us from fossil fuel-driven events such as this." Electrifying home energy, such as battery and solar, needs to be done quickly and will benefit households who are more vulnerable to price volatility, he argued. It comes as the prices of crude oil and natural gas have rocketed in recent weeks in response to the effective closure of the Strait of Hormuz and damage to energy infrastructure in the Middle East. Martin McCluskey, minister for energy consumers, said: "Events in the Middle East remind us that our mission for clean, homegrown power is essential for our energy security. "Solar power will play a crucial part in that mission, and it's clear that the British people are recognising that, too. "That's why we're also making it possible for consumers to buy plug-in solar in shops within months - helping people to save money on their bills and protecting them from volatile fossil fuel markets."
Britons turn to solar power to 'insulate' against oil and gas chaos, says E.On
War in the Middle East is prompting Britons to turn away from fossil fuel-driven power, as E.On revealed a spike in solar panel sales over recent weeks. The electricity supplier said solar sales were up by 62% this month, compared with the previous month, while website visits to the solar page soared by a similar amount over the first week of March. E.On UK's chief executive Chris Norbury told the Press Association: "There's probably never been a more important time to bring products to market that have the potential to make a significant difference to residential customers' energy bills. "Ultimately, what all of our customers tell us very clearly is they want solutions that help bring energy prices down for them not just temporarily, but sustainably and on an enduring basis." It comes as E.On, which is one of the UK's biggest electricity suppliers, announced the launch of a new service that uses automation to reduce bills for homes with solar panels and batteries. The tool, named Next Optimise, connects to wholesale prices and uses automation to charge batteries when wholesale prices are low, and use or export stored energy when prices rise. The technology has been used in 80,000 Australian homes, where sunnier weather has helped it get ahead of the uptake of solar power relative to other countries, including the UK. Dan Adams, the chief executive of Amber Electric, which has partnered with E.On to provide the technology, said he thinks the shift has made Australia "less exposed to some of these big shocks because of that increased uptake" of solar. E.On's Mr Norbury said: "As a country, we are in a better position than we were in 2022, but there's still a hell of a lot more work to do. "We have the opportunity to do that work quickly, to continue the decarbonisation of our energy system, which is ultimately what will insulate us from fossil fuel-driven events such as this." Electrifying home energy, such as battery and solar, needs to be done quickly and will benefit households who are more vulnerable to price volatility, he argued. It comes as the prices of crude oil and natural gas have rocketed in recent weeks in response to the effective closure of the Strait of Hormuz and damage to energy infrastructure in the Middle East. Martin McCluskey, minister for energy consumers, said: "Events in the Middle East remind us that our mission for clean, homegrown power is essential for our energy security. "Solar power will play a crucial part in that mission, and it's clear that the British people are recognising that, too. "That's why we're also making it possible for consumers to buy plug-in solar in shops within months - helping people to save money on their bills and protecting them from volatile fossil fuel markets."
Britons turn to solar power to 'insulate' against oil and gas chaos, says E.On
War in the Middle East is prompting Britons to turn away from fossil fuel-driven power, as E.On revealed a spike in solar panel sales over recent weeks. The electricity supplier said solar sales were up by 62% this month, compared with the previous month, while website visits to the solar page soared by a similar amount over the first week of March. E.On UK's chief executive Chris Norbury told the Press Association: "There's probably never been a more important time to bring products to market that have the potential to make a significant difference to residential customers' energy bills. "Ultimately, what all of our customers tell us very clearly is they want solutions that help bring energy prices down for them not just temporarily, but sustainably and on an enduring basis." It comes as E.On, which is one of the UK's biggest electricity suppliers, announced the launch of a new service that uses automation to reduce bills for homes with solar panels and batteries. The tool, named Next Optimise, connects to wholesale prices and uses automation to charge batteries when wholesale prices are low, and use or export stored energy when prices rise. The technology has been used in 80,000 Australian homes, where sunnier weather has helped it get ahead of the uptake of solar power relative to other countries, including the UK. Dan Adams, the chief executive of Amber Electric, which has partnered with E.On to provide the technology, said he thinks the shift has made Australia "less exposed to some of these big shocks because of that increased uptake" of solar. E.On's Mr Norbury said: "As a country, we are in a better position than we were in 2022, but there's still a hell of a lot more work to do. "We have the opportunity to do that work quickly, to continue the decarbonisation of our energy system, which is ultimately what will insulate us from fossil fuel-driven events such as this." Electrifying home energy, such as battery and solar, needs to be done quickly and will benefit households who are more vulnerable to price volatility, he argued. It comes as the prices of crude oil and natural gas have rocketed in recent weeks in response to the effective closure of the Strait of Hormuz and damage to energy infrastructure in the Middle East. Martin McCluskey, minister for energy consumers, said: "Events in the Middle East remind us that our mission for clean, homegrown power is essential for our energy security. "Solar power will play a crucial part in that mission, and it's clear that the British people are recognising that, too. "That's why we're also making it possible for consumers to buy plug-in solar in shops within months - helping people to save money on their bills and protecting them from volatile fossil fuel markets."
Britons turn to solar power to 'insulate' against oil and gas chaos, says E.On
War in the Middle East is prompting Britons to turn away from fossil fuel-driven power, as E.On revealed a spike in solar panel sales over recent weeks. The electricity supplier said solar sales were up by 62% this month, compared with the previous month, while website visits to the solar page soared by a similar amount over the first week of March. E.On UK's chief executive Chris Norbury told the Press Association: "There's probably never been a more important time to bring products to market that have the potential to make a significant difference to residential customers' energy bills. "Ultimately, what all of our customers tell us very clearly is they want solutions that help bring energy prices down for them not just temporarily, but sustainably and on an enduring basis." It comes as E.On, which is one of the UK's biggest electricity suppliers, announced the launch of a new service that uses automation to reduce bills for homes with solar panels and batteries. The tool, named Next Optimise, connects to wholesale prices and uses automation to charge batteries when wholesale prices are low, and use or export stored energy when prices rise. The technology has been used in 80,000 Australian homes, where sunnier weather has helped it get ahead of the uptake of solar power relative to other countries, including the UK. Dan Adams, the chief executive of Amber Electric, which has partnered with E.On to provide the technology, said he thinks the shift has made Australia "less exposed to some of these big shocks because of that increased uptake" of solar. E.On's Mr Norbury said: "As a country, we are in a better position than we were in 2022, but there's still a hell of a lot more work to do. "We have the opportunity to do that work quickly, to continue the decarbonisation of our energy system, which is ultimately what will insulate us from fossil fuel-driven events such as this." Electrifying home energy, such as battery and solar, needs to be done quickly and will benefit households who are more vulnerable to price volatility, he argued. It comes as the prices of crude oil and natural gas have rocketed in recent weeks in response to the effective closure of the Strait of Hormuz and damage to energy infrastructure in the Middle East. Martin McCluskey, minister for energy consumers, said: "Events in the Middle East remind us that our mission for clean, homegrown power is essential for our energy security. "Solar power will play a crucial part in that mission, and it's clear that the British people are recognising that, too. "That's why we're also making it possible for consumers to buy plug-in solar in shops within months - helping people to save money on their bills and protecting them from volatile fossil fuel markets."
Britons turn to solar power to 'insulate' against oil and gas chaos, says E.On
War in the Middle East is prompting Britons to turn away from fossil fuel-driven power, as E.On revealed a spike in solar panel sales over recent weeks. The electricity supplier said solar sales were up by 62% this month, compared with the previous month, while website visits to the solar page soared by a similar amount over the first week of March. E.On UK's chief executive Chris Norbury told the Press Association: "There's probably never been a more important time to bring products to market that have the potential to make a significant difference to residential customers' energy bills. "Ultimately, what all of our customers tell us very clearly is they want solutions that help bring energy prices down for them not just temporarily, but sustainably and on an enduring basis." It comes as E.On, which is one of the UK's biggest electricity suppliers, announced the launch of a new service that uses automation to reduce bills for homes with solar panels and batteries. The tool, named Next Optimise, connects to wholesale prices and uses automation to charge batteries when wholesale prices are low, and use or export stored energy when prices rise. The technology has been used in 80,000 Australian homes, where sunnier weather has helped it get ahead of the uptake of solar power relative to other countries, including the UK. Dan Adams, the chief executive of Amber Electric, which has partnered with E.On to provide the technology, said he thinks the shift has made Australia "less exposed to some of these big shocks because of that increased uptake" of solar. E.On's Mr Norbury said: "As a country, we are in a better position than we were in 2022, but there's still a hell of a lot more work to do. "We have the opportunity to do that work quickly, to continue the decarbonisation of our energy system, which is ultimately what will insulate us from fossil fuel-driven events such as this." Electrifying home energy, such as battery and solar, needs to be done quickly and will benefit households who are more vulnerable to price volatility, he argued. It comes as the prices of crude oil and natural gas have rocketed in recent weeks in response to the effective closure of the Strait of Hormuz and damage to energy infrastructure in the Middle East. Martin McCluskey, minister for energy consumers, said: "Events in the Middle East remind us that our mission for clean, homegrown power is essential for our energy security. "Solar power will play a crucial part in that mission, and it's clear that the British people are recognising that, too. "That's why we're also making it possible for consumers to buy plug-in solar in shops within months - helping people to save money on their bills and protecting them from volatile fossil fuel markets."
Britons turn to solar power to 'insulate' against oil and gas chaos, says E.On
War in the Middle East is prompting Britons to turn away from fossil fuel-driven power, as E.On revealed a spike in solar panel sales over recent weeks. The electricity supplier said solar sales were up by 62% this month, compared with the previous month, while website visits to the solar page soared by a similar amount over the first week of March. E.On UK's chief executive Chris Norbury told the Press Association: "There's probably never been a more important time to bring products to market that have the potential to make a significant difference to residential customers' energy bills. "Ultimately, what all of our customers tell us very clearly is they want solutions that help bring energy prices down for them not just temporarily, but sustainably and on an enduring basis." It comes as E.On, which is one of the UK's biggest electricity suppliers, announced the launch of a new service that uses automation to reduce bills for homes with solar panels and batteries. The tool, named Next Optimise, connects to wholesale prices and uses automation to charge batteries when wholesale prices are low, and use or export stored energy when prices rise. The technology has been used in 80,000 Australian homes, where sunnier weather has helped it get ahead of the uptake of solar power relative to other countries, including the UK. Dan Adams, the chief executive of Amber Electric, which has partnered with E.On to provide the technology, said he thinks the shift has made Australia "less exposed to some of these big shocks because of that increased uptake" of solar. E.On's Mr Norbury said: "As a country, we are in a better position than we were in 2022, but there's still a hell of a lot more work to do. "We have the opportunity to do that work quickly, to continue the decarbonisation of our energy system, which is ultimately what will insulate us from fossil fuel-driven events such as this." Electrifying home energy, such as battery and solar, needs to be done quickly and will benefit households who are more vulnerable to price volatility, he argued. It comes as the prices of crude oil and natural gas have rocketed in recent weeks in response to the effective closure of the Strait of Hormuz and damage to energy infrastructure in the Middle East. Martin McCluskey, minister for energy consumers, said: "Events in the Middle East remind us that our mission for clean, homegrown power is essential for our energy security. "Solar power will play a crucial part in that mission, and it's clear that the British people are recognising that, too. "That's why we're also making it possible for consumers to buy plug-in solar in shops within months - helping people to save money on their bills and protecting them from volatile fossil fuel markets."
Britons turn to solar power to 'insulate' against oil and gas chaos, says E.On
War in the Middle East is prompting Britons to turn away from fossil fuel-driven power, as E.On revealed a spike in solar panel sales over recent weeks. The electricity supplier said solar sales were up by 62% this month, compared with the previous month, while website visits to the solar page soared by a similar amount over the first week of March. E.On UK's chief executive Chris Norbury told the Press Association: "There's probably never been a more important time to bring products to market that have the potential to make a significant difference to residential customers' energy bills. "Ultimately, what all of our customers tell us very clearly is they want solutions that help bring energy prices down for them not just temporarily, but sustainably and on an enduring basis." It comes as E.On, which is one of the UK's biggest electricity suppliers, announced the launch of a new service that uses automation to reduce bills for homes with solar panels and batteries. The tool, named Next Optimise, connects to wholesale prices and uses automation to charge batteries when wholesale prices are low, and use or export stored energy when prices rise. The technology has been used in 80,000 Australian homes, where sunnier weather has helped it get ahead of the uptake of solar power relative to other countries, including the UK. Dan Adams, the chief executive of Amber Electric, which has partnered with E.On to provide the technology, said he thinks the shift has made Australia "less exposed to some of these big shocks because of that increased uptake" of solar. E.On's Mr Norbury said: "As a country, we are in a better position than we were in 2022, but there's still a hell of a lot more work to do. "We have the opportunity to do that work quickly, to continue the decarbonisation of our energy system, which is ultimately what will insulate us from fossil fuel-driven events such as this." Electrifying home energy, such as battery and solar, needs to be done quickly and will benefit households who are more vulnerable to price volatility, he argued. It comes as the prices of crude oil and natural gas have rocketed in recent weeks in response to the effective closure of the Strait of Hormuz and damage to energy infrastructure in the Middle East. Martin McCluskey, minister for energy consumers, said: "Events in the Middle East remind us that our mission for clean, homegrown power is essential for our energy security. "Solar power will play a crucial part in that mission, and it's clear that the British people are recognising that, too. "That's why we're also making it possible for consumers to buy plug-in solar in shops within months - helping people to save money on their bills and protecting them from volatile fossil fuel markets."
Britons turn to solar power to 'insulate' against oil and gas chaos, says E.On
War in the Middle East is prompting Britons to turn away from fossil fuel-driven power, as E.On revealed a spike in solar panel sales over recent weeks. The electricity supplier said solar sales were up by 62% this month, compared with the previous month, while website visits to the solar page soared by a similar amount over the first week of March. E.On UK's chief executive Chris Norbury told the Press Association: "There's probably never been a more important time to bring products to market that have the potential to make a significant difference to residential customers' energy bills. "Ultimately, what all of our customers tell us very clearly is they want solutions that help bring energy prices down for them not just temporarily, but sustainably and on an enduring basis." It comes as E.On, which is one of the UK's biggest electricity suppliers, announced the launch of a new service that uses automation to reduce bills for homes with solar panels and batteries. The tool, named Next Optimise, connects to wholesale prices and uses automation to charge batteries when wholesale prices are low, and use or export stored energy when prices rise. The technology has been used in 80,000 Australian homes, where sunnier weather has helped it get ahead of the uptake of solar power relative to other countries, including the UK. Dan Adams, the chief executive of Amber Electric, which has partnered with E.On to provide the technology, said he thinks the shift has made Australia "less exposed to some of these big shocks because of that increased uptake" of solar. E.On's Mr Norbury said: "As a country, we are in a better position than we were in 2022, but there's still a hell of a lot more work to do. "We have the opportunity to do that work quickly, to continue the decarbonisation of our energy system, which is ultimately what will insulate us from fossil fuel-driven events such as this." Electrifying home energy, such as battery and solar, needs to be done quickly and will benefit households who are more vulnerable to price volatility, he argued. It comes as the prices of crude oil and natural gas have rocketed in recent weeks in response to the effective closure of the Strait of Hormuz and damage to energy infrastructure in the Middle East. Martin McCluskey, minister for energy consumers, said: "Events in the Middle East remind us that our mission for clean, homegrown power is essential for our energy security. "Solar power will play a crucial part in that mission, and it's clear that the British people are recognising that, too. "That's why we're also making it possible for consumers to buy plug-in solar in shops within months - helping people to save money on their bills and protecting them from volatile fossil fuel markets."
Britons turn to solar power to 'insulate' against oil and gas chaos, says E.On
War in the Middle East is prompting Britons to turn away from fossil fuel-driven power, as E.On revealed a spike in solar panel sales over recent weeks. The electricity supplier said solar sales were up by 62% this month, compared with the previous month, while website visits to the solar page soared by a similar amount over the first week of March. E.On UK's chief executive Chris Norbury told the Press Association: "There's probably never been a more important time to bring products to market that have the potential to make a significant difference to residential customers' energy bills. "Ultimately, what all of our customers tell us very clearly is they want solutions that help bring energy prices down for them not just temporarily, but sustainably and on an enduring basis." It comes as E.On, which is one of the UK's biggest electricity suppliers, announced the launch of a new service that uses automation to reduce bills for homes with solar panels and batteries. The tool, named Next Optimise, connects to wholesale prices and uses automation to charge batteries when wholesale prices are low, and use or export stored energy when prices rise. The technology has been used in 80,000 Australian homes, where sunnier weather has helped it get ahead of the uptake of solar power relative to other countries, including the UK. Dan Adams, the chief executive of Amber Electric, which has partnered with E.On to provide the technology, said he thinks the shift has made Australia "less exposed to some of these big shocks because of that increased uptake" of solar. E.On's Mr Norbury said: "As a country, we are in a better position than we were in 2022, but there's still a hell of a lot more work to do. "We have the opportunity to do that work quickly, to continue the decarbonisation of our energy system, which is ultimately what will insulate us from fossil fuel-driven events such as this." Electrifying home energy, such as battery and solar, needs to be done quickly and will benefit households who are more vulnerable to price volatility, he argued. It comes as the prices of crude oil and natural gas have rocketed in recent weeks in response to the effective closure of the Strait of Hormuz and damage to energy infrastructure in the Middle East. Martin McCluskey, minister for energy consumers, said: "Events in the Middle East remind us that our mission for clean, homegrown power is essential for our energy security. "Solar power will play a crucial part in that mission, and it's clear that the British people are recognising that, too. "That's why we're also making it possible for consumers to buy plug-in solar in shops within months - helping people to save money on their bills and protecting them from volatile fossil fuel markets."
Britons turn to solar power to 'insulate' against oil and gas chaos, says E.On
War in the Middle East is prompting Britons to turn away from fossil fuel-driven power, as E.On revealed a spike in solar panel sales over recent weeks. The electricity supplier said solar sales were up by 62% this month, compared with the previous month, while website visits to the solar page soared by a similar amount over the first week of March. E.On UK's chief executive Chris Norbury told the Press Association: "There's probably never been a more important time to bring products to market that have the potential to make a significant difference to residential customers' energy bills. "Ultimately, what all of our customers tell us very clearly is they want solutions that help bring energy prices down for them not just temporarily, but sustainably and on an enduring basis." It comes as E.On, which is one of the UK's biggest electricity suppliers, announced the launch of a new service that uses automation to reduce bills for homes with solar panels and batteries. The tool, named Next Optimise, connects to wholesale prices and uses automation to charge batteries when wholesale prices are low, and use or export stored energy when prices rise. The technology has been used in 80,000 Australian homes, where sunnier weather has helped it get ahead of the uptake of solar power relative to other countries, including the UK. Dan Adams, the chief executive of Amber Electric, which has partnered with E.On to provide the technology, said he thinks the shift has made Australia "less exposed to some of these big shocks because of that increased uptake" of solar. E.On's Mr Norbury said: "As a country, we are in a better position than we were in 2022, but there's still a hell of a lot more work to do. "We have the opportunity to do that work quickly, to continue the decarbonisation of our energy system, which is ultimately what will insulate us from fossil fuel-driven events such as this." Electrifying home energy, such as battery and solar, needs to be done quickly and will benefit households who are more vulnerable to price volatility, he argued. It comes as the prices of crude oil and natural gas have rocketed in recent weeks in response to the effective closure of the Strait of Hormuz and damage to energy infrastructure in the Middle East. Martin McCluskey, minister for energy consumers, said: "Events in the Middle East remind us that our mission for clean, homegrown power is essential for our energy security. "Solar power will play a crucial part in that mission, and it's clear that the British people are recognising that, too. "That's why we're also making it possible for consumers to buy plug-in solar in shops within months - helping people to save money on their bills and protecting them from volatile fossil fuel markets."
Britons turn to solar power to 'insulate' against oil and gas chaos, says E.On
War in the Middle East is prompting Britons to turn away from fossil fuel-driven power, as E.On revealed a spike in solar panel sales over recent weeks. The electricity supplier said solar sales were up by 62% this month, compared with the previous month, while website visits to the solar page soared by a similar amount over the first week of March. E.On UK's chief executive Chris Norbury told the Press Association: "There's probably never been a more important time to bring products to market that have the potential to make a significant difference to residential customers' energy bills. "Ultimately, what all of our customers tell us very clearly is they want solutions that help bring energy prices down for them not just temporarily, but sustainably and on an enduring basis." It comes as E.On, which is one of the UK's biggest electricity suppliers, announced the launch of a new service that uses automation to reduce bills for homes with solar panels and batteries. The tool, named Next Optimise, connects to wholesale prices and uses automation to charge batteries when wholesale prices are low, and use or export stored energy when prices rise. The technology has been used in 80,000 Australian homes, where sunnier weather has helped it get ahead of the uptake of solar power relative to other countries, including the UK. Dan Adams, the chief executive of Amber Electric, which has partnered with E.On to provide the technology, said he thinks the shift has made Australia "less exposed to some of these big shocks because of that increased uptake" of solar. E.On's Mr Norbury said: "As a country, we are in a better position than we were in 2022, but there's still a hell of a lot more work to do. "We have the opportunity to do that work quickly, to continue the decarbonisation of our energy system, which is ultimately what will insulate us from fossil fuel-driven events such as this." Electrifying home energy, such as battery and solar, needs to be done quickly and will benefit households who are more vulnerable to price volatility, he argued. It comes as the prices of crude oil and natural gas have rocketed in recent weeks in response to the effective closure of the Strait of Hormuz and damage to energy infrastructure in the Middle East. Martin McCluskey, minister for energy consumers, said: "Events in the Middle East remind us that our mission for clean, homegrown power is essential for our energy security. "Solar power will play a crucial part in that mission, and it's clear that the British people are recognising that, too. "That's why we're also making it possible for consumers to buy plug-in solar in shops within months - helping people to save money on their bills and protecting them from volatile fossil fuel markets."
Britons turn to solar power to 'insulate' against oil and gas chaos, says E.On
War in the Middle East is prompting Britons to turn away from fossil fuel-driven power, as E.On revealed a spike in solar panel sales over recent weeks. The electricity supplier said solar sales were up by 62% this month, compared with the previous month, while website visits to the solar page soared by a similar amount over the first week of March. E.On UK's chief executive Chris Norbury told the Press Association: "There's probably never been a more important time to bring products to market that have the potential to make a significant difference to residential customers' energy bills. "Ultimately, what all of our customers tell us very clearly is they want solutions that help bring energy prices down for them not just temporarily, but sustainably and on an enduring basis." It comes as E.On, which is one of the UK's biggest electricity suppliers, announced the launch of a new service that uses automation to reduce bills for homes with solar panels and batteries. The tool, named Next Optimise, connects to wholesale prices and uses automation to charge batteries when wholesale prices are low, and use or export stored energy when prices rise. The technology has been used in 80,000 Australian homes, where sunnier weather has helped it get ahead of the uptake of solar power relative to other countries, including the UK. Dan Adams, the chief executive of Amber Electric, which has partnered with E.On to provide the technology, said he thinks the shift has made Australia "less exposed to some of these big shocks because of that increased uptake" of solar. E.On's Mr Norbury said: "As a country, we are in a better position than we were in 2022, but there's still a hell of a lot more work to do. "We have the opportunity to do that work quickly, to continue the decarbonisation of our energy system, which is ultimately what will insulate us from fossil fuel-driven events such as this." Electrifying home energy, such as battery and solar, needs to be done quickly and will benefit households who are more vulnerable to price volatility, he argued. It comes as the prices of crude oil and natural gas have rocketed in recent weeks in response to the effective closure of the Strait of Hormuz and damage to energy infrastructure in the Middle East. Martin McCluskey, minister for energy consumers, said: "Events in the Middle East remind us that our mission for clean, homegrown power is essential for our energy security. "Solar power will play a crucial part in that mission, and it's clear that the British people are recognising that, too. "That's why we're also making it possible for consumers to buy plug-in solar in shops within months - helping people to save money on their bills and protecting them from volatile fossil fuel markets."
