Blackburn-headquartered Vital Energi has announced that it is expanding its operations by opening new offices in Newcastle and Swansea while also increasing its existing presence in Glasgow. This comes on top of what Vital described as a “major” refurbishment of its Blackburn headquarters, increasing seating capacity by a third.
Projects that aim to speed up the energy transition in developing countries will receive a share of £79 million in UK climate finance, the Government has announced.
Commitments at this year’s UN climate talks are ramping up fast, though the conference in oil-producing Azerbaijan has been mired in controversy.
National Grid (LON:NG) reaped a 14% hike in underlying profit in the first half of 2024, prompting calls from the UK’s major union Unite for it to be nationalised.
Centrica's chief executive Chris O’Shea has warned that the UK government must avoid “perverse incentives” that encourage grid operators to leave power capacity unused.
The National Energy System Operator (NESO) has today concluded that the UK government’s mission to decarbonise the electricity grid by 2030 is “achievable”.
Highland councillors approved the latest renewable development despite concerns over its proximity to the Unesco world heritage site.
Former Chancellor Kwasi Kwarteng has raised doubts following Wednesday’s Autumn Budget as to whether the windfall tax on oil and gas profits will ever end.
Danish energy giant Ørsted (CPH: ORSTED) has sold a stake in four of its UK wind farms to US energy investor Brookfield (NYSE: BEP) in a deal worth £1.745 billion.
Global investment in the energy transition must double to $3.5 trillion a year to keep global warming below catastrophic levels, according to a new report by analytics and consultancy firm Wood Mackenzie.
Inyanga Marine Energy Group said on October 24 that it was launching a crowdfunding round in order to raise funds for its HydroWing tidal energy technology.
BP (LON:BP) is reportedly considering the sale of a minority stake in its offshore wind business as it looks to reduce the scale of its investment in the sector.
BP PLC has warned that it expects profit margins to slump this quarter due to a fall in oil trading and is instead relying on an unlikely source of growth, electric vehicles, to steady the ship this year.
The new National Wealth Fund will boost UK investment in green technology, according to business and trade secretary Jonathan Reynolds.
Ministers said while speaking at the International Investment Summit today that the new government will turbocharge investment in green energy technologies and rip up red tape.
Energy secretary Ed Miliband told industry at the EnergyUK conference in September that reaching net zero, which the government wants to achieve by 2030, will be a matter of “national security”.
Climate tech venture studio Ventex has grabbed hold of a remote survey firm that specialises in the nuclear industry.
Aberdeenshire-headquartered AquaTerra Group has hailed reaching a milestone £3 million in revenue from renewable energy contracts.