Investment
Newheat snaps up €7 million to develop solar power
French solar power leader NewHeat has attracted €7 million for renewable energy R&D and commercial deployment. The funds will enable NewHeat to remain majority shareholders while helping launch their first venture outside France, a recently signed project in Croatia. Original…
Commentary: Why green energy firm Bulb’s collapse is not a big blow for renewables
While the entire industry is pondering upon the collapse of the mighty energy conglomerate, Bulb, this article by New Scientist sheds some light on the fact that its fall will not affect the renewable energy sector. It serves as opportunistic…
Drax outlines a £3Bn investment plan to double biomass production
UK-based power generator company Drax has pledged for sustainable biomass production and sales of the product by 2030. The company aims to capitalise on increasing demand from Europe and Asia, as countries look to move away from coal. The North…
€2 billion partnership for European bio-industries
The Circular Bio-based Europe Joint Undertaking (CBE JU), a €2 billion public-private partnership between the Bio-Based Industries Consortium and the European Union, went into force on Tuesday, November 30th. The partnership will foster growth in Europe’s circular bio-based industries. The…
Charcoal company spearheads biochar R&D
French charcoal company Bordet has launched a public-private R&D programme into biochar worth more than €150, 000 euros. Finance comes partly from the French government and partly from Bordet. The government funds are part of France Relance, a post-Covid recovery…
AstraZeneca Launches a new £1billion Research Facility in the UK
Pharmaceutical company AstraZeneca opened a 1-billion-pound ($1.34Bn) research center near the University of Cambridge on Tuesday, 23rd November. Situated within the Cambridge Biomedical Campus, the facility aims to combine the best of Britain’s cutting-edge technology and the nation’s brightest minds.…