Big oil and energy companies say strict rules for hydrogen tax credits could kill a nascent industry. Clean-energy advocates say that’s dead wrong. Truly “green” hydrogen needs to be made with truly carbon-free power. But will strong hydrogen tax-credit rules that require the use of truly carbon-free power make it harder to create a green […]
Fueling its plan to widely expand its electric vehicle recharging network, U.K.-based oil giant bp has entered a multi-year agreement with Tritium DCFC Ltd., a leading developer and manufacturer of direct current fast chargers for EVs, the companies announced Monday. The deal calls for Tritium to provide and initial order of just under 1,000 chargers […]
The U.K. allocated a record 685 million pounds ($898 million) of funding over the next three years for the development of aerospace technology, as the industry gears up to make the transition to renewable fuel. The Aerospace Technology Institute will receive an increase of more than 50% on its previous award, the government said in […]
• Renewable Power Capital (RPC) entering the Swedish market with 100% acquisition of onshore wind farm from OX2 • CPP Investments is committing approx. €260 million to support RPC’s growth strategy • RPC forms a core part of CPP Investments’ multi-billion Sustainable Energies investment strategy and invests in solar, onshore wind and battery storage across […]
UKIB will match private money in subsidy-free NextEnergy fund This is UKIB’s first private-sector deal since forming in June The government-backed U.K. Infrastructure Bank will invest as much as 250 million pounds ($331 million) in a private fund that’s seeking to double the amount of subsidy-free solar power in Britain. UKIB will provide financing to […]
India and the United Kingdom have set in motion concrete action plans for driving clean energy transition in power sector. This was deliberated at 3rd India-U.K. Energy for Growth Partnership Ministerial Energy Dialogue. “Both sides will set in motion concrete action plans for driving clean energy transition in the power sector,” a Power Ministry statement […]
Royal Dutch Shell Plc will make investments with two firms to develop its first solar-power projects in the U.K. The oil and gas giant signed agreements with Island Green Power Ltd. to develop a project with more than 700 megawatts of generation capacity, and another with Clearstone Energy Ltd. for projects with a combined export […]
The U.K.’s wind-power drive has dramatically cut carbon emissions, but it’s also created a vulnerability that’s been brutally exposed. Calm weather over the past two weeks has cut output from the country’s 11,000 turbines, which account for more than 20% of electricity generation. Coupled with a Europe-wide gas shortage, the crunch has forced some companies […]
U.K. cybersecurity company Pen Test Partners has identified several vulnerabilities in six home electric vehicle charging brands and a large public EV charging network. While the charger manufacturers resolved most of the issues, the findings are the latest example of the poorly regulated world of Internet of Things devices, which are poised to become all […]