Innogy steps up clean tech investment amid 'turbulent year'

Michael Holder
clock
RWE innogy's Luftaufnahme Nordsee Ost offshore wind farm | Credit: innogy
Image:

RWE innogy's Luftaufnahme Nordsee Ost offshore wind farm | Credit: innogy

German energy giant hails investment in cleantech start-ups, but laments challenging year as earnings slip amid 'unusually low' wind levels

German renewables and energy retail giant Innogy SE stepped up its investment in "disruptive" clean technology start-ups last year, backing 61 companies through its innovation arm and growing the value...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now

 

Already a BusinessGreen
member?

Login

More on Energy

Cruachan dam and upper reservoir | Credit: Drax
CCS

Moving Mountains: Drax moves forward with plans to create giant Scottish hydropower station

Proposed 600MW power station inside Ben Cruachan would increase site's total capacity to over 1GW

clock 17 May 2022 • 5 min read
Why the government should stick with sticks to deliver energy efficiency

Why the government should stick with sticks to deliver energy efficiency

Minimum energy consumption standards for products and rented homes have galvanised improvements in energy efficiency in recent years, argues Andrew Warren

Andrew Warren, British Energy Efficiency Federation
clock 17 May 2022 • 5 min read
Tech Nation and PwC launch Net Zero X programme

Tech Nation and PwC launch Net Zero X programme

New service aims to help climate tech scaleups turbocharge their growth plans

James Murray
clock 16 May 2022 • 2 min read