Rishi Sunak’s Summer Statement: Industry responds

Chancellor Rishi Sunak has confirmed a £3 billion green jobs plan to save money, cut carbon and boost employment in the wake of the coronavirus pandemic – but what do businesses think?

Scottish Goverment injects £5.5m into renewables and low carbon heating projects

Communities which struggle to maintain the security of their energy supply and businesses which seek renewable-fuelled growth will be prioritised for the funding

Scottish Government announces £62 million fund for energy sector

The finance injection aims to help the energy sector recover from the “dual economic impacts” of the coronavirus pandemic and the oil and gas price crash

US-based consortium awards $10.3m of funding to advance offshore wind industry

The money will be spread among 12 projects investigating a range of topics, ranging from floating wind turbine moorings to grid stability technologies and optimisation software

More than AUD$3bn of renewable hydrogen projects compete for funding from ARENA

Through the funding round, the independent agency aims to help fast-track the development of renewable hydrogen in Australia

Government launches £40m Clean Growth Fund to ‘supercharge’ sustainable start-ups

The fund will be accessible to UK-based companies developing green solutions across the power, transport, waste, and building energy efficiency sectors

UK Government announces new £1.7bn road and railway investment

Transport Secretary Grant Shapps says the move will put the UK on the path to economic recovery following the coronavirus crisis

Hitachi Capital UK makes multi-million-pound investment into GRIDSERVE

The move aims to help revolutionise approaches to solar energy, create infrastructure to accelerate the adoption of EVs and hit national net zero targets

UK Government seeks views on future low carbon heat support beyond the RHI

The plan backs replacement of Renewable Heat Incentive (RHI) with a new Clean Heat Grant, which will provide support for heat pumps and in certain circumstances biomass

ScottishPower Renewables announces £8.2m in new funding for offshore wind farm in East Anglia

The plant is expected to become fully operational by the end of 2020 and is expected to provide clean energy to over 630,000 UK homes annually