Campaigners have written to Member of Parliament for Suffolk Coastal, Jenny Riddell-Carpenter, about the billions spent on nuclear project Sizewell C, after costs were speculated to end up spiralling to £40 billion.
The solar energy harvesting market is expected to more than double in value within a decade, with one forecast suggesting sun power could account for at least half of all electricity in the UK by 2034.
Global investment manager Quinbrook Infrastructure Partners has invested £100 million of equity into Aegis Energy to fund a roll-out of hydrogen and multi-fuel refuelling infrastructure for fleets in the UK.
BlackRock has launched a new low-carbon “transition” fund that will invest in decarbonising materials such as steel.
Four more banks have left the Net-Zero Banking Alliance (NZBA), a fortnight after Mark Carney announced a shift in strategy at affiliate the Glasgow Financial Alliance for Net Zero (GFANZ).
Bill Winters, CEO of Standard Chartered – one of the major banks left in the Net Zero Banking Alliance – stressed the urgent need to partner on climate action.
US oilfield services Helmerich & Payne (H&P) has completed its acquisition of Aberdeen-headquartered KCA Deutag International Ltd.
The high-voltage direct current (HVDC) cable manufacturer is expected to create 900 jobs
Billionaire industrialist Sir Jim Ratcliffe has blamed Britain's lack of industrial strategy and levies on carbon polluters for the closure of the UK's last plant producing synthetic ethanol.
Does energy transition finance need recategorising so decarbonisation isn’t left behind?
UK battery storage investor Gresham House Energy Storage Fund (LON:GRID) has said the industry is "back on track" as trading conditions improved, particularly in December.
The "great" deal for Serica marks the end of Parkmead's long North Sea run
Reabold Resources (AIM:RBD) has bought out its partner in Rathlin Energy, the operator of an onshore gas development in East Yorkshire.
Investors alongside Scotland-based syndicate Tricapital Angels means the clean power technology will be developed in Durham, Edinburgh and Aberdeen.
The UK’s first ever carbon storage permit has been awarded to BP, TotalEnergies and Equinor’s joint venture project, the Northern Endurance Partnership (NEP).
Private equity firm Star Capital has taken a majority stake in Aberdeen-based Subsea Technology and Rentals (STR) in a multi-million pound deal.
Sustainable finance could deliver a premium as banks retrench from fossil fuels: ING expects greater clarity on energy transition finance next year.
Scotland's finance minister has been warned against raiding a windfall gained through sale of renewables licenses and has been urged to reinvest it in the energy transition.
Aberdeen's OEG Energy Group has bought up 14 businesses in the last four years and boss John Heiton aims to maintain the pace.
The UK government’s 2030 clean power targets will take a “Herculean” effort from the supply chain, according to Yselkla Farmer, chief executive of energy infrastructure trade association Beama.
Offshore wind services business Venterra Group has secured a £30 million bond facility from HSBC, backed by the UK government’s export credit agency UK Export Finance (UKEF).
The solar film developer is raising £30 million in funding to “revolutionise” the global solar industry through lightweight roll-to-roll technology that is not reliant on rare earth minerals.
Union Jack Oil plc’s (AIM: UJO) executive chair David Bramhill has said controversially that the “most productive phase” of the Wressle oil field still lies ahead.
With UK government backing, the market for low-carbon hydrogen may be poised for take-off.
A UK investment bank says it is committed to expanding its oil and gas franchise amid widespread retrenchment from the sector.