Nantes-headquartered Lhyfe has signed a land deal as it unveils plans for a hydrogen facility, working with Shepherd Offshore, at the former Neptune Bank power station.
Negotiations are taking place with various parties to take on the proposed gigafactory site in Northumberland, the administrator said.
A development consent order has been secured for the Net Zero Teesside Power project, which aims to be one of the world’s first commercial-scale gas-fired power stations with carbon capture, usage and storage.
The independent review into redevelopment of the brownfield regeneration zone has concluded. Although no evidence of corruption was found, recommendations on improving transparency were made.
Having departed Gateshead to consolidate operations in Durham, the wine merchant has instructed Cushman & Wakefield to find a taker for the 180,000 sq ft warehouse, which has its own on-site renewable heat source.
Japanese motor giant Nissan has confirmed that production of the three models made at its North East plant will go electric at the site, meaning a £3bn investment.
UK Export Finance and South Korea’s export credit agency have helped SeAH Wind UK to secure £367m from Standard Chartered Bank and HSBC UK to build the world’s largest wind monopile manufacturing facility in Redcar.
Shelborn Asset Management, landlord of the office park, has agreed terms with UrbanChain that will deliver locally sourced renewable energy to tenants.
The first of 277 turbines has started producing power at what is currently the world’s largest under-construction offshore wind farm, a facility mostly served from the North East.
The Durham-based firm’s renewable energy business, established in 2006, now operates 11 on-shore wind farms and is being acquired by Canadian asset manager Brookfield for a reported $1bn.
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