Browsing: REGIONAL

The Labour Government, in power for eight weeks, has sparked hope for net-zero initiatives by launching plans like the removal of the de facto ban on onshore wind, the National Wealth Fund, Great British Energy, and the ‘superhighway’ Eastern Green Link 2 project.

HyTerra received a significant investment from Fortescue Future Industries Technologies, a subsidiary of Fortescue. The A$21.9 million investment will secure Fortescue a 39.8% stake in HyTerra, pending shareholder approval.

The BGSA consortium, spearheaded by distribution network Cadent, has secured funding from regulator Ofgem’s Strategic Innovation Fund to explore the underground hydrogen storage potential in the East Midlands. This grant aims to facilitate a geological study of depleted oil reservoirs in the region.