The funding will help the start-up to develop mines in south-west England for a domestic supply of lithium compounds, critical for the production of batteries for EVs and renewable energy storage

They have signed a preliminary agreement to invest in the company to develop large-scale renewable energy projects in Europe and Africa

The acquisition expands the Swedish company’s solar development portfolio in Germany to 7GW

Lithium is a key component for batteries that power clean energy technologies and is expected to play a critical role in the transition towards a low carbon future

It will have a total capacity of 31MW and generate enough electricity to power around 9,400 homes

The energy giant said the profit declined by 70% from the previous year due to lower fuel prices and weaker oil trading

The car giants will invest up to £6 billion to develop low emission petrol, diesel and hybrid engines

Ofwat has stated that Thames Water has strong liquidity with recent additional funding and substantial cash reserves

Officials are reportedly considering the adoption of a similar administration regime, akin to the one implemented during the collapse of Bulb, for Thames Water

Rolls-Royce reportedly plans to reduce its workforce as part of a cost-saving turnaround strategy