SSE boosts investment to £20.5bn amid strong interim results

The energy giant anticipates its investment strategy to reach £20.5 billion by 2027

Amazon adds 39 renewable energy projects in Europe

Amazon’s European renewable energy projects have yielded €2.4 billion in economic investment and created more than 3,900 jobs in 2022

Prime Minister’s net zero announcement dents energy sector confidence

Nearly 75% of decentralised energy professionals and businesses express a significant loss of confidence following Prime Minister Rishi Sunak’s announcement, according to a new survey

Industry reacts to UK’s new net zero plan

The UK government’s revised net zero plan has elicited mixed reactions from various organisations

EDF announces £4.5bn investment for net zero

The energy giant has committed to helping customers reduce emissions by five million tonnes annually through the adoption of low carbon solutions

Octopus Australia secures AUD$250m boost

Octopus Australia has received an investment from Rest, a major superannuation fund, as part of its successful second fundraising round for the Octopus Australia Sustainable Investments Fund

Global energy transition faces $18tn investment gap

To limit global warming to 1.5°C, the energy transition must see renewables and low carbon solutions grow from 12% in 2021 to 50%-70% by 2050, according to a new report

Solar boom or gloom?

New analysis reveals that imposing more restrictions on ground-mounted solar farms could inflate energy bills by up to £5 billion annually

‘UK seeks financial backing from banks for North Sea oil projects’

Major financial institutions, including Barclays, Lloyds, NatWest have reportedly been invited by the Treasury for discussions aimed at revitalising investments in North Sea oil and gas ventures

UK energy companies urge Prime Minister to prioritise green agenda

Over 100 UK energy companies have united in urging the Prime Minister to focus on green energy investments in response to a dire economic warning from the Office for Budget Responsibility