Electricity North West unveils £2bn investment plan

It is seeking feedback on plans to increase its investment by 44% between 2023 and 2028 as it aims to reduce the number and duration of power cuts by 20%

EnergyNest secures €110m for thermal energy storage

The funding will enable the scaling of the deployment of the Norwegian firm’s thermal batteries that are designed to store energy in the form of heat and help decarbonise industrial heat processes

Iberdrola and MAPFRE set up renewable energy joint venture

They aim to add green energy projects to reach a portfolio of up to 1,000MW in Spain

Airly raises $3.3m to help clean up the air

Airly provides actionable insights about air quality with its AI-driven algorithms that predict air pollution over 24 hours, with a verifiability of up to 95%

‘Three times as much investment in renewables than in fossil fuels over last decade’

That is according to a report by Imperial Business School and the IEA, which suggests a better risk/return profile for clean energy over fossil fuels

Almost $4.4tn green investment a year is needed to halt global warming

The International Renewable Energy Agency estimates energy transition spending will have to increase by 30%

UK Government invests £95m in two new offshore wind power ports

The two ports will have the capacity to develop up to 9GW of offshore wind energy projects every year – enough to power around eight million homes

EU approves Slovakia’s €1bn support for combined heat and power projects

The EU Commission said the CHP installations, which will be connected to district heating networks in the country, will not distort competition

Wales unveils circular economy strategy ‘to become world number one’ recycler

The ‘Beyond Recycling’ strategy aims to support a green recovery in Wales as the nation deals with the triple challenge of the pandemic, climate change and Brexit

India’s renewables target requires $500bn investment by 2030

Nearly $300 billion is needed for wind and solar infrastructure, new report estimates