OVO buys stake in energy marketplace Renewable Exchange

The latter company has an installed capacity of more than 1GW connected to its power purchase agreement market platform

SSEN has invested £5 million in Moray’s electricity network

The electricity network operator says homes and businesses across the Scottish region will benefit from a stronger, more resilient power network

Brexit uncertainty ‘is delaying hundreds of innovative energy projects’

Schneider Electric found almost a third of businesses say they have delayed projects in the last year as a result of political upheaval

Development banks ‘cutting renewable investment despite climate crisis’

Christian Aid says institutions such as the World Bank are not in line with the Paris Agreement goal of keeping global heating to 1.5°C

Investors plan to triple fossil fuel divestment rates over the next decade

Investors surveyed by Octopus Group plan to move $920bn out of fossil fuel investments in the next ten years

Greenhouses get even greener in new £120m project

Greencoat Capital has announced plans to build two large-scale and sustainable greenhouses near Norwich and Bury St Edmunds

Shell buys 20% stake in Indian solar energy company

Orb Energy provides small and medium sized companies with financing to invest in solar power projects

EU Council agrees position on ‘green finance taxonomy’

The proposal would create an EU-wide classification system to help investors identify which economic activities can be considered environmentally sustainable

Labour targets 52GW of offshore wind expansion by 2030

The party has announced the ‘People’s Power Plan’, aiming to deploy clean energy ‘at the scale and pace needed to deal with the climate emergency’

Climate finance: Nine multilateral banks to raise $175bn annually by 2025

The additional investment will focus on low and middle-income economies as well as on climate adaptation