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.
As much as it might sting, the UK could learn plenty from a fast-developing nation when it comes to defining its path to net zero, writes Viviana Cabrera of Hydrock.
SSE Energy Solutions said that the facility could deliver enough green energy to power 17,000 homes.
The Norwegian tyre recycling firm has been granted an environmental permit for its flagship site at the Port of Sunderland, representing an investment of £100m.
With the first phase of the 1.9km South Bank Watercourse complete, the local contractor has machinery on site to tackle the next stage.
Designer and builder UK Power Network Services is working with the local authority on the £3.8m project, which will provide energy to County Hall in Morpeth.
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