News
News
-
Ola invests £100m in electric car factory in Coventry
Ride-hailing company Ola has announced plans to invest £100 million in an electric vehicle (EV) development facility in the UK. The Indian company, that is a rival of other services including Uber and Bolt, has announced the move will create 200 jobs in the West Midlands city. Ola has already launched a scooter for journeys […]
-
INEOS to build hydrogen plant at Grangemouth
INEOS has announced plans to build a hydrogen manufacturing plant at its site in Grangemouth. The move is part of its plans to reduce the carbon emissions of the site by 60% by 2030. It is expected to save one million tonnes of carbon being released each year and follows £500 million of investment in […]
-
‘India’s renewable sector will employ 1m by 2030’
India’s renewable energy sector can employ up to one million people by the end of the decade, ten times the current amount. That’s according to a study by the Council on Energy, Environment and Water (CEEW), claiming most of these jobs would be from small-scale renewable projects including rooftop solar installations, as opposed to solar […]
-
EU greenlights €2.7bn restructuring aid for Romanian power company
The European Commission has approved Romania’s plans to grant restructuring aid of up to €2.66 billion (£2.2bn) to power company Complexul Energitic Oltenia (CE Oltenia). CE Oltenia, active in power generation, local heat supply and mining, is the third largest producer of electricity in Romania. The public aid will finance the company’s restructuring scheme, which […]
-
Spanish consortium to invest £2.7bn into green hydrogen
A Spanish consortium, led by Repsol, has committed to investing up to £2.7 billion into green hydrogen. Called the Spanish Hydrogen Network (SHYNE) Project, it comprises of 33 companies and associations from different sectors, looking to combine their expertise to push renewable hydrogen use across Spanish industry. The investment and projects built from the consortium […]
-
Spanish consortium to invest £2.7bn into green hydrogen
A Spanish consortium, led by Repsol, has committed to investing up to £2.7 billion into green hydrogen. Called the Spanish Hydrogen Network (SHYNE) Project, it comprises of 33 companies and associations from different sectors, looking to combine their expertise to push renewable hydrogen use across Spanish industry. The investment and projects built from the consortium […]
-
Geopolitical tensions cause gas price rebound for energy across Europe
In this episode of the Resonance you will learn: Gas – price increases due to political tension related to Ukraine. Europe remains an important customer for Russian gas for now, but plans afoot with Asia could see that position change. LNG – Supplies are good for now but it’s important to watch shoulder months because […]
-
Geopolitical tensions cause gas price rebound for energy across Europe
In this episode of the Resonance you will learn: Gas – price increases due to political tension related to Ukraine. Europe remains an important customer for Russian gas for now, but plans afoot with Asia could see that position change. LNG – Supplies are good for now but it’s important to watch shoulder months because […]
-
HS2 to be extended to Manchester
The government has introduced a bill to extend the HS2 train services to Manchester. Once approved, the new line will serve passengers across the Northwest from Crewe onwards and create 17,500 jobs in the process. It was announced just under a fortnight ago that all the HS2 trains would run on zero-carbon energy from the […]
-
New 52MW solar plant in Kenya powered up
A new solar power plant with a capacity of 52MW is now exporting electricity into the national grid in Kenya. The $69 million (£51m) Malindi Solar plant, a partnership between British-headquartered firm Globeleq and Africa Energy Development Corporation (AEDC), is generating enough green electricity to power around 250,000 homes a year. The power plant, made […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas