Government data has revealed that the UK’s ever-expanding renewables fleet set a new generation record last year, providing more evidence – if any were needed – that the country’s energy transition is well underway.
Trina Solar, one of the world’s largest solar panel manufacturers, is to start selling electricity under the banner of a new energy Internet of Things push.
Good Energy is to pivot its core business towards energy services instead of supply, an area which it sees as the “future value” of the energy sector as the clean energy transition continues.
French energy major EDF has pledged to commence an “unprecedented acceleration” in renewable energy deployment having witnessed its UK nuclear revenues collapse in 2017.
Nissan Energy has remained coy over its future in the UK energy market, but said its recent launch of domestic solar systems will “complete the puzzle” as it mulls further partnerships in the energy space.
BP has announced plans to invest US$500 million (£358.5 million) in low carbon businesses each year as it looks to further embrace the low carbon transition.
The UK government must issue firmer, more ambitious decarbonisation policies as a “matter of urgency” if it is to meet its fourth and fifth carbon budgets.
BP has said the Lightsource solar business it acquired a 43% stake in last week would be “massively complementary” to its existing alternative energy division.
