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News

Green Investment Group pushes forward with 40MW Essex battery storage project

Infrastructure

Green Investment Group pushes forward with 40MW Essex battery storage project

First of seven utility-scale grid batteries planned by GIG across UK reaches financial close

clock 22 December 2021 • 2 min read
Work to electrify Midland Main Line confirmed as government rail plan faces criticism

Rail

Work to electrify Midland Main Line confirmed as government rail plan faces criticism

Long-promised electrification of line between Kettering and Market Harborough to kick off on Christmas Eve, but government's scaled-back rail vision continues to face criticism

clock 22 December 2021 • 3 min read
Schroders snaps up majority stake in renewables investor Greencoat Capital in £358m deal

Investment

Schroders snaps up majority stake in renewables investor Greencoat Capital in £358m deal

Transaction will see pioneering green energy investor renamed Schroders Greencoat within Schroders' private markets division

clock 21 December 2021 • 2 min read
Carbon Plantations to plant new species of CO2-cutting trees in East Anglia

Offsets

Carbon Plantations to plant new species of CO2-cutting trees in East Anglia

Four plantations to be dominated by fast-growing Paulownia tree, which is estimated to store up to 10 times more CO2 than mixed woodland

clock 21 December 2021 • 2 min read
Rolls-Royce claims UK SMR nuclear arm 'fully funded' after £85m Qatar backing

Nuclear

Rolls-Royce claims UK SMR nuclear arm 'fully funded' after £85m Qatar backing

Some £490m of public and private investment has now been raised to support the British engineering giant’s small nuclear reactor vision

clock 21 December 2021 • 3 min read
Lab-grown meat pioneer Future Meat raises $347m as it eyes US expansion

Technology

Lab-grown meat pioneer Future Meat raises $347m as it eyes US expansion

Israeli firm announces record investment as it slashes estimated cost of producing cultivated chicken by more than half over the last six months

clock 21 December 2021 • 2 min read
Study: Reclaiming Birmingham car parks for trees could unlock £287m benefits

Policy

Study: Reclaiming Birmingham car parks for trees could unlock £287m benefits

Green Alliance analysis aims to quantify benefits of reclaiming less than 20 per cent of the city’s car parking spots for green space

clock 20 December 2021 • 1 min read
'Transition, not extinction': Government sets out climate tests for future oil and gas projects

Energy

'Transition, not extinction': Government sets out climate tests for future oil and gas projects

Proposals would see North Sea developers having to meet six net zero tests including emissions and green investment targets in order to secure extraction licenses

clock 20 December 2021 • 7 min read
Pensions scheme Nest ditches ExxonMobil and string of oil firms over climate concerns

Investment

Pensions scheme Nest ditches ExxonMobil and string of oil firms over climate concerns

Nest claims firms have ‘not done enough’ on climate to remain shareholders, in move prompted by UBS Asset Management's decision to eject firms from 'climate aware' fund

clock 20 December 2021 • 4 min read
Scottish developers unveil plans for £235m offshore wind supply chain boost

Wind

Scottish developers unveil plans for £235m offshore wind supply chain boost

As a leasing round for floating offshore wind projects in Scotland gets underway, Aker Offshore Wind is aiming to bolster the supply chain in anticipation of increased demand

clock 20 December 2021 • 2 min read
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