'Build it in Britain': Government announces £700m funding boost for GB Energy

Michael Holder
clock • 3 min read
Credit: iStock
Image:

Credit: iStock

Additional funding for state-backed clean energy investment vehicle confirmed as part of government's new Industrial Strategy

The government has announced a further £700m in funding for Great British Energy to boost the state-backed firm's investment in homegrown clean energy manufacturing facilities and supply chains, as it...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Michael Holder
Author spotlight

Michael Holder

Editor

View profile
More from Michael Holder

Engie inks three-year deal to secure power from Enfinium energy from waste plant

'Bigger, bolder, better': UK Net Zero Business Census launches for 2025

More on Energy

Engie inks three-year deal to secure power from Enfinium energy from waste plant
Energy

Engie inks three-year deal to secure power from Enfinium energy from waste plant

Skelton Grange energy from waste plant expected to begin operations in summer 2025, providing both low carbon electricity and heat

Michael Holder
Michael Holder
clock 23 June 2025 • 2 min read
Global Briefing: Norway launches 'world's largest' industrial carbon capture project
Energy

Global Briefing: Norway launches 'world's largest' industrial carbon capture project

Plus China seeks to almost double its nuclear capacity and Octopus Energy Generation unveils $250m Africa energy fund, in our round up of all the top green business news from around the world this week

BusinessGreen staff
BusinessGreen staff
clock 20 June 2025 • 7 min read
IEA: Oil markets face 'fundamental transformation' with demand set to peak in 2029
Energy

IEA: Oil markets face 'fundamental transformation' with demand set to peak in 2029

Growth in global oil supply expected to far outpace demand in coming years as EV sales rapidly eat into market, according to International Energy Agency

Michael Holder
Michael Holder
clock 18 June 2025 • 5 min read