RWE is expecting to invest around £15 billion in new UK green technologies and infrastructure by 2030, targeting wind, storage and hydrogen.
The difficulty of forecasting the costs of decarbonisation has dominated the Treasury’s Net Zero Review, carrying on a theme from the interim review, published last year.
BP Ventures is continuing its emobility push with a $13 million (£9.7 million) investment into India’s first integrated electric vehicle (EV) ride hailing and charging business.
UK smart meter firm IMServ has partnered private equity firm Bluewater through a successful carve-out from Schneider Electric, with plans in place for continued growth.
The fourth auction round of the Contracts for Difference (CfD) scheme is to have a £265 million budget, the Department for Business, Energy and Industrial Strategy (BEIS) has said.
African energy conglomerate Janus Continental Group (JCG) has increased its investment into Highview Power to over £20 million.
Charging infrastructure is critical to achieving net zero transport, the Department for Transport (DfT) has said in its Transport Decarbonisation Plan.
GLIL Infrastructure has invested £150 million into Flexion Energy, a joint venture with ion Ventures aiming to build 1GW of storage over five years.
Ev.energy has raised US$8.8 million to “aggressively” scale the company’s reach across energy utility partners, car manufacturers, charger partners and drivers.