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Offer for rooftop solar arrays from Big Solar Co-op

Offer for rooftop solar arrays from Big Solar Co-op New UK wide community energy group Big Solar Co-op has begun its 1st share offer to create a pipeline of rooftop solar arrays. Created by community renewables firm Sharenergy, it has a goal to raise £1.2m for 3 solar installations within the Midlands, with 450kW of…
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Businesses aim to invest £13.6bn supercharge their fleets

Businesses aim to invest £13.6bn supercharge their fleets: Businesses all over the UK are planning to electrify their fleets with a £13.6bn finance in thousands of new electric vehicles (EVs). UK businesses are fixed to take on over 163,000 electric vehicles this year as part of an important investment in fleet electrification, according to a…
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Putin to take control of project owned partly by Shell

Putin to take control of project owned partly by Shell: Vladimir Putin has signed a decree that will possibly allow Russia to take hold of an energy project owned by Gazprom, Shell as well as other foreign entities. The decree hands over the rights of the project to a new Russian business. At present, Shell…
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£200m for food security and climate change

£200m for food security and climate change The Scottish Government has issued a £200m of contribution for projects that aids food security and address the biodiversity and climate pressure. The money will be offered for innovation in agriculture until 2027 under the government’s Environment, Natural Resources and Agriculture Strategic Research Programme (SPR). It will invest…
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Last agreement on £130M help for subsea cable manufacturing

Last agreement on £130M help for subsea cable manufacturing Financial support agreement reached on JDR cable systems for its £130 million subsea cable manufacturing facility in Cambois, Northumberland. The agreement means that the company will commence construction of the planned project in the near future, with a preperation for opening in 2024. The facility is…
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North sea oil and gas threatened by Windfall tax

North sea oil and gas threatened by Windfall tax The implementation of the new windfall tax creates uncertainty over future investment, Shell has stated. In its recent set of cost-of-living measures, the government included a windfall tax on energy firms that could possible increment around £5 billion. Energy companies will have to pay an extra…
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The UK largely invests into renewable energy

The UK largely invests into renewable energy The UK has scaled up to the third spot on the list of the most “attractive” countries for ‘green’ investors. That’s according to the latest EY Renewable Energy Country Attractiveness Index which shows the country has moved up two places from the previous ranking. The index ranks the…
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BlackRock & Mubadala invest in Tata Power Renewables

BlackRock & Mubadala invest in Tata Power Renewables: Tata Power’s renewable energy firm is getting an investment of $525m of a 10.53% stake by BlackRock Real Assets and Mubadala. Tata Power Renewables will contain 5 renewable business units of Tata Power, made up of utility scale solar, wind & hybrid generation assets, solar cell and…
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€1bn pledged by EU to protect the ocean

€1bn pledged by EU to protect the ocean: The EU has pledged a €1 billion (£0.82bn) investment as part of its aims to protect the ocean. It reestablished its pledge in regard to international ocean governance at the Our Ocean Conference (OOC) in Palau recently, which drew worldwide partners to recognise solutions to sustainably maintain…
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Europe rethinks nuclear power as longer-term stability

Europe rethinks nuclear power as longer-term stability

Europe rethinks nuclear power as longer-term stability: Reinvestment in nuclear energy in Europe would help reduce greenhouse-gas emissions, limit electricity-market disruption from growing renewable energy flows and improve security of supply – but it is no quick, easy answer to Europe’s energy challenge. Download the report New investment in nuclear power could help Europe stabilise…
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