The parliamentary pension fund has been championed for an increase in renewables investment, however investments into O&G companies continue.
Triodos Bank has moved into the electric vehicle space, providing a loan to charging company Pod Point.
Funding boosts for carbon capture and storage (CCS), electric vehicles (EVs) and nuclear announced, as renewables are once again absent from the UK's Budget.
Energy tech firm GridBeyond has clinched £9 million in its latest funding round, with investments from the likes of ESB and Total.
Cleantech company Mixergy has raised £3.6 million to continue its rollout of hot water tanks used for firm frequency response (FFR).
UK battery storage firm Zenobe has secured £25 million in funding from Santander as it looks to continue its growth.
Ongoing fears over EV charging utilisation rates have thrust multiple revenue streams towards the top of infrastructure operator needs for financing.
Ofgem has officially replied to an article in the Guardian that accused the energy watchdog of stalling the electric vehicle (EV) rollout, saying that is does “not fully reflect Ofgem’s position.”
Ofgem will allow £64 million of additional funding requests from distribution network operators (DNOs) for rail electrification, street works and site security.