British Utilities - Union Flag

Lightsource bp obtains £1.3bn for 25GW of solar power

Lightsource bp obtains £1.3bn for 25GW of solar power: Lightsource bp has reported plans to additionally boost its growth with a goal for 25GW of solar developments by 2025. It has gained a new $1.8 billion (£1.3bn) credit & trade finance facility from ten international financial institutions to sustain its growth system, that is anticipated…
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British Utilities - Union Flag

Southern Water stake purchased by Australia’s Macquarie

Southern Water stake purchased by Australia’s Macquarie: Australia’s Macquarie Asset Management has come to an agreement to obtain a majority stake concerning Southern Water Services Limited in an agreement valued over £1 billion. Comprised in the agreement, Macquarie will invest, representing long-term investors that contain pension funds as well as insurance companies, to recapitalise the…
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British Utilities - Union Flag

£80m government fund for 1 million trees to be planted

£80m government fund for 1 million trees to be planted: The government will give £80 million in funds to back 2,500 green jobs, plant nearly 1 million trees as well as speed up nature recovery throughout the UK. The Green Recovery Challenge Fund will give money for 90 projects focused on making ‘insect pathways’ into…
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British Utilities - Union Flag

£54m funds for Next gen electric trucks & hydrogen buses

£54m funds for Next gen electric trucks & hydrogen buses: Innovative projects advancing the next-generation of electric trucks & hydrogen buses obtained a government grant of over £54 million of funding. The 3 projects sharing funding are in Cwmbran, Ballymena & Warwickshire and anticipated to support around 10,000 jobs all over the UK as well…
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British Utilities - Union Flag

Vital UK £1bn plan revealed to cut emissions in industry

Vital UK £1bn plan revealed to cut emissions in industry: The UK Government has revealed a bold blueprint worth over £1 billion to cut emissions from industry, schools & hospitals to make it the world’s first low carbon industrial sector. Buildng on the Prime Minister Boris Johnson’s Ten Point Plan for a Green Industrial Revolution…
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British Utilities - Union Flag

Plans for new UK blade manufacturing plant

Plans for new UK blade manufacturing plant: It has been revealead by GE Renewable Energy plans to launch a new manufacturing plant for productions of offshore wind turbine blades in the UK. It will be located at Teeside in North East England, that the facility could create around 750 direct jobs and nearly 1,500 indirect…
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British Utilities - Union Flag

Youth unemployment crisis set to be fixed

Youth unemployment crisis set to be fixed: Could 250,000 green apprenticeships help solve the youth unemployment crisis? That has worsening as a result of the pandemic. Friends of the Earth have found new research which suggests that 250,000 green apprenticeships could lead to jobs in peatland restoration, renewables and woodland creation this would help address…
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British Utilities - Union Flag

Welsh Govt signs MoU with Sizewell C Consortium

Welsh Govt signs MoU with Sizewell C Consortium: The Welsh Government signed a Memorandum of Understanding with the Sizewell C Consortium. They are a group of nearly 200 businesses & trade unions from the UK nuclear supply chain which are supporting the suggested nuclear power station located in Suffolk. The MoU is predicted to eventually…
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British Utilities - Union Flag

UK’s fusion energy investments boosted economy £1.4bn

UK’s fusion energy investments boosted economy £1.4bn: The UK Government’s direct investments in fusion energy has helped boost the economy by £1.4 billion over the past decade. That’s as stated in a new study by London Economics & published by BEIS, which shows the investment of £346.7 million has further supported an average of 4,000…
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British Utilities - Union Flag

Boris Johnson unveils ten point plan

Boris Johnson unveils ten point plan : The Prime Minister has set forth the UK’s ten point plan to work on climate change, deliver net zero & introduce a “green industrial revolution“. Boris Johnson announces the new strategy will create and assist up to 250,000 British jobs while helping the UK to “forge ahead with…
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