Two EDF Energy-led projects have been awarded grant funding from the Department for Business, Energy and Industrial Strategy (BEIS) under its £60 million Heat Pump Ready Programme.
GrdiBeyond has agreed a debt financing facility of £5.28 million (€6 million) led by Claret Capital, to continue its international expansion and provide smart energy solutions.
The Net Zero Technology Centre (NZTC) has allocated £8 million in funding to support the development of 20 low-carbon technology projects via its 2022 Open Innovation Programme.
The Department for Business, Energy and Industrial Strategy (BEIS) is to provide £1.5 billion to improve the energy efficiency of 130,000 low-income households across the UK.
Nuclear energy projects have received a £3.3 million funding boost from the UK Government aiming to support the development of an advanced modular reactor (AMR).
SP Energy Networks will provide £5 million in funding to support vulnerable communities currently facing barriers in transitioning to net zero emissions.
A £20 million government-backed pilot scheme is aiming to support the growth of the electrical vehicle (EV) industry with the development of 1,000 new public chargepoints.
Battery management system provider Brill Power has closed a US$10.5 million (£8.75 million) Series A funding round, with the business targeting the electric vehicle battery market as a result.
