The UK Government has raised the maximum price offshore wind and other renewables projects can receive in the next Contracts for Difference (CfD) auction, improving the chances for new agreements after this year’s auction saw no new projects brought forward.
SSE plc has published details of its 2023/24 interim results and announced a £2.5 billion increase to its existing five-year investment programme, expecting £20.5bn of investment to 2027 compared to £18bn previously.
The creation of a £1.3 billion well-connected, sustainable new coastal town at Granton Waterfront in Edinburgh has reached yet another major milestone.
Scottish wave energy firm Mocean Energy has secured a total of £2.7 million through equity and grants to advance the commercialisation of its innovative wave energy converters.
Aberdeen-based energy and engineering services firm Wood Group has reinforced its annual financial projections following a lucrative third quarter, which saw several substantial contract gains.
The West of Orkney Windfarm has submitted an onshore planning application to The Highland Council for onshore works required to deliver renewable energy to homes and businesses across the country.
Rising demand for renewable energy has seen the Edinburgh Boiler Company (EBC) expand with the creation of a dedicated air source heat pump division which is set to create up to 15 jobs in the coming year.
Aberdeen-based Trojan Energy, known for its innovative flat and flush on-street charging system for electric vehicles, has secured nearly £500,000 in funding from the Low Carbon Manufacturing Challenge Fund.
A new 20-acre solar park has opened in Forfar after securing a funding boost of nearly £2 million from Lombard, significantly boosting green energy production in the local area.
Scottish energy firm Aurora Energy Services Ltd has expanded its international footprint with the acquisition of Cotech Group, a US wind turbine blade repair and maintenance specialist.
Global sustainable development consultancy Arup and ILF Consulting Engineers have signed an important Memorandum of Understanding (MOU) for pumped storage projects in the UK, including Coire Glas, Glenmuckloch and up to 13 additional schemes in the pipeline.
THREE60 Energy, an energy services company based in Aberdeen, has acquired fellow Scottish firms Pryme Group and Flexlife, in a significant move to form a £200 million global enterprise with extensive industrial diversification and immense growth prospects.
Global Energy Group (GEG) has been selected by Moray West Offshore Wind Farm to provide preassembly support services for the marshalling of 62 transition pieces (TPs) at the Port of Nigg.
Investment manager Downing LLP has successfully concluded an investment to acquire the land and associated lease income related to a c.200MW operational onshore wind farm in the Scottish Highlands.