SSE has unveiled a plan to spend more than £7 billion on major low carbon infrastructure projects over the next five years, supporting net zero ambitions and spurring a green recovery from the COVID pandemic.
COVID-19 has sent investment in the power sector tumbling, with the International Energy Agency (IEA) expecting power sector spending alone to fall by 10% in 2020.
The UK government has announced a £40 million fund for green startups, designed to help “supercharge the development of next generation clean, low-carbon technologies.”