Apple is making significant strides in expanding its clean energy and water conservation efforts worldwide. As part of its ambitious Apple 2030 project, the company has set a bold target to achieve carbon neutrality across its entire value chain by the end of this decade. This comprehensive plan encompasses a wide range of initiatives, from […]
That’s exactly what has happened this month to residents in Greendykes and other parts of the city where they are part of a district heating scheme. People are angry, and with good reason. Out of the blue they found their heating account charges had suddenly gone up from five pence a unit to 26 pence, adding up to £200 a month to bills. No notice, no explanation, just an automatic adjustment to their online accounts. The Greendykes residents – some tenants, some owners - live in a new...
North Sea oil and gas producer Ithaca Energy said on Tuesday it would buy Eni's UK upstream oil and gas assets for about £754m in an all-stock deal.
Fintech is once again the UK’s best-funded startup sector after climate tech secured the most investment in 2023. In the first quarter of 2024, UK fintech companies raised $1.4bn across 73 rounds, according to data from Dealroom and HSBC Innovation Banking. Fintech funding rounds over the period include £340m raised by challenger bank Monzo and […]
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This story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration. Joe Biden marked Monday’s Earth Day by announcing a $7 billion investment in solar energy projects nationwide, focusing on disadvantaged communities, and unveiling a week-long series of what the White House say will be “historic climate actions.” The president was […]
Labour also turns down European Commission’s proposal, which would have allowed young Britons to live, study and work in EURishi Sunak has rejected an EU offer to strike a post-Brexit deal to allow young Britons to live, study or work in the bloc for up to four years.The prime minister declined the European Commission’s surprise proposal of a youth mobility scheme for people aged between 18 and 30 on Friday, after Labour knocked back the suggestion on Thursday night, while noting that it would...
Invest in African Energy 2024 (IAE) is set to take place as a pivotal forum, fostering collaboration between global investors and Africa's burgeoning energy markets. The two-day event scheduled to take place from May 14 to 15, 2024, at The Westin Paris, Vendôme, Paris, France, aims to accelerate sustainable energy solutions and promote investments into Africa’s most promising projects.
BENGALURU: Tech-to-tractor conglomerate Mahindra Group will invest 12 billion rupees (about $144 million) to set up solar and wind energy projects of 150 megawatt (MW) hybrid capacity in India, it said on Monday. The projects will be developed by the group's renewable energy unit Mahindra Susten with Ontario Teachers' Pension Plan Board, one of Canada's largest pension funds, as its strategic partner. Mahindra & Mahindra will also acquire a 26% stake in its solar power generating unit Gelos...
Phoenix, Abrdn and Aviva had said they would consider supporting new nuclear plants and were thought to be in the running to back Sizewell C.
UK Prime Minister Rishi Sunak Tuesday announced additional funding for Ukraine and pledged to increase Britain's own defence budget, during a visit to the Polish capital Warsaw.Sunak said Britain was giving GBP500 million ($617 million) in additional military funding for Kyiv as he held talks with Polish premier Donald Tusk and NATO chief Jens Stoltenberg.Sunak said London would gradually boost defence spending to 2.5 percent of GDP by 2030."In a world that is the most dangerous it has been...
Better access to financing mechanisms and other policy shifts required for the large-scale expansion of nuclear energy were outlined when the International Atomic Energy Agency made its first-of-a-kind contribution to the G20 policy-making process.