Venterra secures £30m bond facility for international growth
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).
Energy Transition
Elecsys Technologies upgrades Ventus Energy grid control centre
Elecsys Technologies, a provider of electricity network management technology, has deployed its software platform at Ventus Energy’s control centre in Belfast.
Scottish ports prepare for delayed wave of billions of inward investment
Scottish ports are preparing to be hit by waves of investment worth billions of pounds as the UK continues to chase targets to reach net zero energy production.
DeepWind seeking info on potential ScotWind foundation suppliers
DeepWind and agencies Highland and Islands Enterprise, Scottish Enterprise, and South of Scotland Enterprise have launched a consultation with potential suppliers for ScotWind projects.
Interocean lands work with Vattenfall
Glasgow-headquartered offshore service provider Interocean has secured a contract extension with Vattenfall.
COPping out – parsimony wins the day in Baku
COP29 was principally about adaptation finance, but it delivered little in the way of hard cash and even less in terms of the international solidarity required to address climate change.
Hydropower body says potential to displace UK winter gas demand ‘still not recognised’
The potential for UK hydropower projects to displace winter gas demand is "still not recognised" by government, according to an industry body.
Sarens PSG finishes quay wall work at Ardersier Port redevelopment
Invergordon-based Sarens PSG has finished building the quay walls Ardersier Port which is subject to a major redevelopment by Haventus.
Aberdeen’s D2Zero secures £150m for further acquisitions
Aberdeen-headquartered clean energy group D2Zero has secured a £150 million lending facility to target further acquisitions.
Exclusive: Power Roll fundraising for 1 GW solar film factory in County Durham
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 remains bullish on Wressle despite court ruling over emissions
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.
Transporting ‘super turbines’ to rural areas is no mean feat
Onshore windfarms continue to be a key source for Scotland’s renewable energy generation.
Liquified natural gas is now a critical component of energy security
The COP29 meeting in Baku reinforced that the world is rapidly running out of time to avert catastrophic climate change unless transformative action is taken.
Hydrogen market will be £7bn a year opportunity for the UK
With UK government backing, the market for low-carbon hydrogen may be poised for take-off.
Use heat pumps over gas boilers for British-made energy, say researchers
People who want to use more British-made energy for their central heating should use a heat pump rather than a traditional boiler, according to research.
Ed Miliband says COP29 deal agreed at ’11th hour for the climate’
Energy Secretary Ed Miliband has called a financial package for developing nations a “critical 11th-hour deal at the 11th hour for the climate” as the United Nations environmental conference drew to a close.
Flylogix to lead trial to open North Sea to increased drone traffic
An upcoming North Sea drone trial could help establish new regulations to promote increased use of drones across the region.
Norway’s oil and gas towns seeking UK collaboration on energy transition
Norway's oil and gas towns are seeking greater UK collaboration as they look to reinvent themselves for the energy transition.
Power Moves: National Grid’s chief strategy officer and more
Steve Smith has been appointed as National Grid’s chief strategy and regulation officer.
ScottishPower to create 1,000 jobs from £5.4bn grid investment
ScottishPower expects to create 1,000 direct jobs and "tens of thousands more in the supply chain" after signing contracts for a £5.4 billion investment in the UK grid.
Equinor to cut renewables unit staff by 20%
Norway's Equinor (OSE:EQNR) is considering cutting 20% of the staff from its renewable energy division as it focuses on pursuing fewer new projects.
Nuclear fusion: neither imminent nor relevant to climate change
Billions of dollars have been raised on promises of limitless power from nuclear fusion. However, the technology will not deliver affordable power within our lifetimes.
Peterson Energy Logistics moves into new Marischal Square office
Aberdeen’s Peterson Energy Logistics has relocated to a new office at the Granite City’s Marischal Square development.
Ener-G Services moves into new office in Westhill
Ener-G Services, an electrical engineering company specialising in servicing the renewables, marine and offshore sectors, has added new premises at Kingshill Commercial Park in Westhill, Aberdeenshire.
Aberdeen’s HPR pushes into world’s largest offshore wind farm job
An Aberdeen subsea robotics company is powering up the world’s biggest offshore windfarm after moving into the renewables market.