Business Secretary Vince Cable
The Energy Technologies Institute (ETI) is investing £25m into the UK’s first dedicated full offshore wind turbine test facility. Capable of trialling 15MW machinery, the test rig will be based at the Narec research facility in Northumberland and could apparently help turbine designers keep costs down in the long run. Dr David Clarke, ETI Chief […]
The Shadow Energy Secretary has expressed concern over the delay in Green Investment Bank lending. Speaking at the Offshore Wind Conference in Liverpool yesterday, Meg Hillier worried that the pushed back lending risked “throttling” the growth of smaller green businesses. The Green Investment Bank is the new financial body that will loan money to green […]