A consortium featuring Mitsubishi and Japanese utility Chubu is set to buy out European energy major Eneco as Mitsubishi targets further European growth.
International utility Iberdrola has posted a 20% surge in net profit for the first nine months of 2019, which the company has squared with its “record” investment into renewables and networks.
The government is pursuing a “balanced approach” to net zero, energy and clean growth minister Kwasi Kwarteng has said, with Westminster keen to avoid picking winners at this early stage.
The Faraday Grid collapsed owing almost £6 million to electronics manufacturing giant Foxconn, as well as hundreds of thousands of pounds to PR agencies, IT vendors, travel agents and software companies.
A host of new categories have been added to next year’s Electric Vehicles Innovation & Excellence (EVIEs) Awards, designed to celebrate stellar achievements within the electric vehicle ecosystem.
The assets of defunct energy technology company The Faraday Grid are set to be acquired by Third Equation, an entity founded by ex-Faraday Grid chief executive Andrew Scobie, Current± understands.
