US invests $20m to bring ‘promising’ energy tech to market

The Department of Energy said the projects will strengthen partnerships between its national labs and private companies

EBRD invests €100m in Bulgarian energy bonds

The money will refinance an existing bond and help support key power sector reforms

ScottishPower profits surge 30% in first half of 2018

It said the increased revenue was a result of the UK’s long winter and having raised its energy prices

‘Water companies must act to improve fairness and value for money’

The Consumer Council for Water says the industry must boost underwhelming levels of customer satisfaction

Feed-In Tariff exemption for UK’s energy intensive industries to be applied

The move aims to stop heavy energy users’ international competitiveness being negatively affected by higher energy bills

Europe’s battery storage market charged up by 49% in 2017

This followed a trend of steady growth since 2015 and brought the continent to a total storage capacity of 589MWh

Has the sun gone in on Tesla’s domestic solar business?

The technology firm has announced it is to downsize its SolarCity venture

SSE reports sliding profits and a drop in customer accounts

The company lost 430,000 customers last year as pre-tax profits fell by 6% to £1.45 billion

Shell investors call for more action on climate change at AGM

The company defeated a resolution backed by 5.54% of shareholders calling for it to set tougher emissions targets in line with the Paris Agreement

National Grid pre-tax profits up 4%

This is despite the cost of repairing US storm damage meaning headline profits for the year fell to £3.45 billion, a decrease of 8%