Iberdrola increases UK 'green' and grid investments to £12 billion

Ignacio Galán, Executive Chairman of Iberdrola (right) and British Prime Minister Rishi Sunak (left), at the UK Global Investment Summit in London. Image: Iberdrola

Spanish power giant Iberdrola, the largest electricity company in Europe, announced plans to invest an additional £7 billion more in Britain for 2026-2028 in grids and renewable pr...

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UK investors back startup making EV motors without rare earths

Image: AEM

Advanced Electric Machines (AEM), the UK-based startup that makes electric vehicle motors without rare earths or copper – and therefore 100 percent recyclable – announced it had ra...

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UK raises guaranteed prices for RE projects, offshore wind to get 66% more, solar up 30%

The UK has announced increases in the country's guaranteed price renewable energy projects after a review of the country's 'maximum strike price' for such projects. The biggest inc...

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Daily Shorts: US renewable projects run into 3-year transformer wait, VW promises cheap EV, and more

America's power sector is grappling with a transformer shortage. US renewable energy project developers who are setting up grid-scale RE and energy storage systems say critical com...

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Daily Shorts: NextEra EP sells Texas pipelines, US to spend $2 billion on greening buildings, and more

Image: Wikimedia

Pipeline operator Kinder Morgan has agreed to acquire NextEra Energy Partners' natural gas pipelines in South Texas in a $1.82 billion deal. The pipeline portfolio, STX Midstream, ...

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SSE Renewables gets green light for 320 MW BESS, one of UK’s biggest battery projects

SSE Renewables' Monk Fryton battery will be located next to the UK National Grid's Monk Fryton station. (Image for Representational Purpose) Image: SSE Renewables

SSE Renewables, the green arm of energy developer SSE, has received the green signal to develop one of UK's largest battery energy storage systems (BESS) projects. The company said...

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Daily Shorts: Portugal readies offshore wind auction, Thailand crops EV subsidy, and more

Thailand has approved a new subsidy package for the country's booming electric vehicle industry, but decreased individual subsidy amount by 33 percent, citing strong momentum in th...

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Daily Shorts: JLR opens EV test center in England, companies ask COP28 to finalize fossil fuel phase out

Image: Unsplash

British automaker Jaguar Land Rover opened an EV test centre in England, pointing out that this would save on costs and carbon emissions resulting from shipping prototypes to test ...

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Daily Shorts: UK gets a £10 bn clean energy investor, Banga wants harmful subsidies slashed, and more

Image: Empire Wind

Japan's Marubeni Corp signed a memorandum of understanding (MoU) with the UK government to invest 10 billion pounds ($12.3 billion) in clean energy projects over the next decade. T...

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No looking back: Energy transition in Europe, the UK

In many ways, this year was the tipping point for renewable energy. The world has woken up to the imperative of energy transition, and countries around the world have made progress...

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Daily Shorts: Brookfield buys Banks' RE unit, ADNOC deploys CCS at select plants, and more

Canadian company Brookfield is buying the renewable energy division of UK-based Banks Group, the companies announced. The size of the transaction was not disclosed, but a report in...

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Daily Shorts: Indian cities to get 10,000 e-buses, HSBC allocates $1 bn for climate tech and more

India and the US will collaborate to deploy 10,000 made-in-India electric buses across Indian cities as part of their co-operation agreements. Under the agreement, US government ag...

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BMW's iconic Mini goes all electric

German automotive major, BMW on Monday announced an investment of more than £600 million in the MINI factories at Oxford and Swindon, UK, to transform the production plants to an a...

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Daily Shorts: UK part-funds Ionic's rare earth magnet recycling plant, US small-sale solar additions hit record high, and more

Rare earths metals company LCM will be involved in the Ionic-to-Ford EV recycling chain. Image Courtesy: Less Common Metals

Ionic Rare Earths received an investment of $2 million from the UK government to set up a rare earth magnet recycling facility in Belfast. In a release, the company said it would p...

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Weekend Roundup: Oil India's clean energy spends, PetroChina buys EV charging company, and more

Image: Pexels

The Summit Group of Bangladesh announced it would invest $3 billion in solar, wind and hydroelectricity generation projects across the subcontinent as part of its clean energy push...

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Daily Shorts: UK eases onshore wind norms, Stellantis says its cars can switch to e-fuels

The UK government has eased approvals for onshore wind projects in England supported by the local population. The proposals also aim to incentivise locals by offering them cheaper ...

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Statkraft - Fluence's latest BESS project to improve transmission network stability in the UK

Image for representation purposes only.

Statkraft, Europe's largest generator of renewable energy has selected Fluence Energy UK Ltd. (Fluence), a subsidiary of Fluence Energy Inc, to deliver its first battery-based...

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Octopus Energy outlines $20 bn spend for 12 GW offshore wind capacity by 2030

Octopus says the power generated will power 10 million homes. Image: Octopus Energy

Octopus Energy Generation, the power generation arm of UK-based Octopus Energy Group, said it plans to invest $20 billion in offshore wind assets by 2030. The company, which manage...

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Daily Shorts: Vattenfall abandons UK offshore wind project, Air Canada eyes greener fuels and more

Air Canada has signed deals to test and manufacture SAF, a sustainable jet fuel. Image: Air Canada

Sweden's Vattenfall said it would cease development of a 1.4 gigawatt GW wind farm off the coast of Britain, taking a hit of $537 million on earnings. The Norfolk Boreas offshore w...

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Tatas pick UK for £4 billion gigafactory that will supply JLR's future models

The factory will supply batteries to future Jaguar and Land Rover vehicles. Image: JLR

Tata Group announced it will set up a battery manufacturing plant in Britain to support the company's electric vehicles. The investment is being made through Jaguar-Land Rover and ...

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UK launches competition for small, modular nuclear reactors

The cost for each SMR is expected to be around £2 billion, and Rolls Royce estimates it will generate £250 million in exports. Image Courtesy: Rolls-Royce

Britain has launched a competition to develop small modular nuclear reactors, or SMRs, even as it set up an authority to expand nuclear projects across the country. Interested comp...

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Fortescue expands battery, powertrain capacity in UK

The new facility will deliver prototypes for mining haul truck modules later this year, and officially open next year. Image courtesy: FFI

Fortescue announced it will "significantly" expand battery and electric powertrain production operations in the UK, with a facility at Banbury, Oxfordshire, to manufacture zero-emi...

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Marsh launches world’s first insurance facility for green and blue H2 project risks

Insurance broker and risk advisor Marsh have announced the launch of a first-of-its-kind insurance and reinsurance facility that provides dedicated insurance capacity for new and e...

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AMTE Power, Cosworth partner on Ultra High Power battery cells for EVs

British cell manufacturer AMTE Power Plc recently announced the signing of a non-binding MoU with automotive engineering company Cosworth to supply its Ultra High Power (UHP) batte...

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bp invests $60 million in new global EV battery R&D centre in Britain

British oil and gas major bp plc has revealed its plans to invest up to $60 million(£50 million) in a new state-of-the-art EV battery testing centre and analytical laboratory in Pa...

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Amazon launches first fleet of e-cargo bikes aimed at sustainable deliveries in the UK

To offer more sustainable deliveries, technology giant Amazon has announced that it has launched its first UK micromobility hub in Central London. The company claimed that e-cargo ...

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KORE Power to supply batteries for 20 MWh storage collaboration between ABB & Ecotricity in UK

KORE Power has announced that it will provide the batteries for a ground-breaking partnership between ABB and Ecotricity which advances the UK National Grid towards its 2050 Net-Ze...

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Clear Hydrogen UK to manufacture 5,000,000 kg/day H2 using Proton’s process

Clear Hydrogen UK Ltd. (CHUK) has announced an expansion of its agreement with Proton Technologies. Proton has the lowest-cost method for producing Clear Hydrogen, which is the mos...

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Switch Mobility to invest over Rs. 2,980 crore for developing e-buses, CV across UK, India

Switch Mobility has announced that it plans to invest 300 million pounds (over Rs 2,980 crore) across the UK and India to develop its range of electric buses and light commercial v...

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Shell, Uniper ink pact for blue H2 production facility in the UK

Uniper has announced that it has signed an agreement with Shell to progress plans to produce blue hydrogen at Uniper's Killingholme power station site, in the East of England. The ...

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