It requires a pretty deep dig to find any green bits in the budget: some extra cash for offshore wind in the CfD auction. Nothing on home insulation, nothing on VAT for public EV charging, nothing on the Carbon Border Mechanism. A nothing budget. COMPANY NEWS bp allies with thin-film solar supplier SolivusSolivus, a pioneering … Read More
The budget wasn’t all bad (see below), but it is quite depressing that the two industries that got the big bucks were CCS and nuclear. It suggests that the Treasury really don’t understand the priorities of the energy transition, and got swayed by the best funded lobby groups. A missed opportunity. COMPANY NEWS Dunelm launches … Read More
Dawn of a glorious new era for clean energy in the UK, or the start of more challenging times? We shall find out soon enough COMPANY NEWS SSE Renewables pays Siemens-Gamesa £528m for 3.8GW of windFast-growing SSE Renewables has completed the purchase of Siemens Gamesa’s 3.8GW portfolio of wind projects across southern Europe.The clean power … Read More
Two significant news items from the UK this week: the increase in frequency in CfD auctions and the proposals to reform the Solvency II rules which could allow insurance companies to roll out considerably more clean infrastructure investment. Company news SSE ramps up Net Zero Acceleration Programme with new carbon targetsSSE has today announced an … Read More
Two weeks worth in this issue, plus a rare political piece from me. Normally try to avoid that kind of thing. Company news Arrival arrives but not with a UK listingElectric vehicle startup Arrival will debut on Wall Street following a merger with a U.S. blank-check company, in a deal valuing the startup at $5.4 … Read More
