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“A lot of regulatory and political uncertainty within the UK over the last 12 to 18 months has led to increased international competition for renewables,” said Adam Berman, deputy director of policy at Energy UK.

The UK and US have committed to scaling the renewable sector in a bid to increase energy independence and reduce the cost of energy.

RenewableUK’s executive director of policy Ana Musat has called on the UK Government to compete with the US Inflation Reduction Act by creating an “attractive policy and regulatory environment” for potential investors and developers.

The UK government has allocated a total of £102 million to support both nuclear and hydrogen innovation in a bid to reduce the UK’s carbon footprint.

The UK and US governments have signed a new energy agreement to bolster energy security and accelerate the transition to renewables.

UK-based Habitat Energy has expanded into the US power market with plans to optimise a portfolio of 60MW of battery energy storage system (BESS) assets.

British-based Moixa has been acquired by Sunrun, one of the largest residential installers of solar panels in the US.

​Kaluza has made three new hires to its leadership teams in the US and UK as it looks to ramp up its international commercialisation.

​Electric vehicle (EV) charging firm EO Charging is to open a North American office in early 2022.

​EO Charging is to list in the US on Nasdaq through the creation of a combined company with special purpose acquisition company (SPAC) First Reserve Sustainable Growth Corporation (FRSG).