Octopus Energy and CATL launch joint venture Swaptopus for battery-swapping hubs
The hubs will allow electric lorries to swap batteries in minutes, with first UK hubs in 2027 and over 30 planned across Europe by 2035.
Latest Octopus Energy News & Updates
See the latest news and media coverage for Octopus. We track all announcements, press releases, and industry mentions in real time, all in one place.
UK energy supplier and green technology provider
octopus.energy- Headquarters
- London, United Kingdom
- Company type
- Private company
- Number of employees
- 5,000–5,800
- Industry
- Electric Utilities
Last updated
Latest news about Octopus Energy (Octopus)
In short: Octopus Energy bought Danish trader BD Energy and a $2bn Victorian wind farm amid UK bill rises
Company announcements
Octopus Energy acquires majority stake in Uplight
Partners with Schneider Electric to scale grid flexibility solutions for US utilities amid rising demand from AI data centers and electrification. Expected to complete later this year.
Octopus Energy Generation invests $1bn in Californian clean tech
The investment covers carbon removal, heat batteries, and a solar-plus-storage project to support UK growth. Octopus plans $2bn US deployment by 2030.
Octopus Energy Group announces Kraken spin-off
Kraken reaches $500m annual revenue, growing 4x in 3 years. Tim Wan appointed CFO from Asana. Enables global expansion and innovation.
Media coverage
Octopus used pensioners’ cash to fund its struggling investments
Thousands of pensioners who put money into an inheritance tax scheme run by Octopus Group bankrolled...
'Turning sunshine into cash': Octopus Energy pays out £100m to solar powered households | BusinessGreen News
As UK prepares for its fifth heatwave of the year, Octopus Energy claims growing numbers of households are looking to install solar and earn cashback...
UK Energy Operator Calls for Power Reserves Ahead of Solar Eclip
The UK's National Grid operator, NESO, has urged for increased power reserves during the upcoming...
Octopus Energy makes major announcement regarding 15 million meters
Octopus, which is rivalled by EDF Energy, OVO Energy, EON Next, British Gas and more began life 10 years ago.
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