LCP Delta has urged investors to consider more “sophisticated strategies” as average profits for Britain’s battery storage market see a 71% decline.

The UK and Ireland have signed a memorandum of understanding (MoU) to support offshore renewable energy and increase interconnectivity.

MCS has announced that the UK’s first ever heat pump installer apprenticeship will receive government funding to train 57,000 heat pump installers by the end of the decade.

The Royal Society, Britain’s oldest scientific academy, has called on the government to kick-start the construction of large-scale hydrogen storage facilities to meet its 2035 Net Zero target for a zero carbon electricity network.

Trade association Energy UK has stated in a new report that by reinvigorating industry, net zero investment could “revive” less prosperous communities.

BMW Group has announced that it plans to invest more than £600 million in its Oxford and Swindon MINI factories to develop a “new generation of electric MINIs”.

Energy giant Octopus Energy has confirmed that it is set to invest in international wind developer Deep Wind Offshore.

Electric vehicle (EV) charging business bp Pulse has unveiled the UK’s “largest” public EV charging hub at the NEC Birmingham.

National Grid Electricity Distribution (NGED) has announced plans to release 10GW of grid capacity for renewable energy generators and battery storage projects.

The flagship renewable power auction, known as Contracts for Difference, has published the results of its Auction Round 5 (AR5), revealing that just 3.7GW of projects have been awarded funding.