ScottishNews.com

Energy

Aberdeen renewables event focuses on solving UK grid connection challenge

Published 2 days ago

CMS is to host a free-to-attend event focused on one of the key challenges facing the UK renewable energy industry: how to solve the issue of grid connections.

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EV charge point operator given further £10m boost from Scottish National Investment Bank

Published 5 days ago

The growth plans of Scotland’s only private electric vehicle charge point operator FOR EV have been boosted by a £10 million follow-on investment by the Scottish National Investment Bank.

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North Star bolsters offshore wind position with £425m investment

Published 1 week ago

Aberdeen-headquartered offshore support vessel operator North Star has secured a £425 million debt investment to solidify its position in the offshore wind sector.

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True North: 75% of Scots support North Sea oil and gas

Published 1 week ago

Three-quarters of Scots have said they support domestic oil and gas production from the North Sea, according to new polling by advisory firm True North.

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Wood moves closer to £1.6bn takeover

Published 1 week ago

Shares in the Aberdeen-based Wood Group rose by more than 3% yesterday after the firm moved closer to a potential £1.6 billion take over.

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Highland Council approves West of Orkney Windfarm’s onshore plans

Published 1 week ago

The Highland Council has approved the onshore plans of the West of Orkney Windfarm – which is advancing a major offshore wind project off Scotland’s northern coast.

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Aberdeen oilfield services firm OEM Group enters administration

Published 1 week ago

Richard Bathgate and Donald McNaught, restructuring partners at Johnston Carmichael, have been appointed joint administrators of oilfield services business OEM Group (Scotland) Ltd.

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Groundworks underway at ‘Hollow Mountain’ power station

Published 1 week ago

Exploratory groundworks at the site of what would be the UK’s first pumped storage scheme to be developed in 40 years are underway on the slopes of Ben Cruachan, near Oban.

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£14.4m Q1 earnings for Aberdeen’s TWMA

Published 2 weeks ago

Aberdeen-headquartered drilling waste management firm TWMA has posted earnings of $18.3 million (around £14.4m) and EBITDA of $4.7m (around £3.7m), for the first quarter of 2024.

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Wood Group contemplates Sidara’s fourth and ‘final’ offer

Published 2 weeks ago

Dubai-based engineering firm Sidara has made a fourth and “final” takeover bid for Aberdeen-headquartered Wood Group.

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Southside buildings and homes could be heated by waste facility, study concludes

Published 2 weeks ago

An energy from waste plant in the Polmadie area of Glasgow could successfully heat Hampden Park, New Victoria Hospital, schools, a police station, other public facilities and homes across the southside of the city, Glasgow City Council has said.

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Beatrice Offshore Windfarm accepts £33.14m payment for licence breach

Published 2 weeks ago

Electricity generator Beatrice Offshore Windfarm Limited has agreed to make a payment of £33.14 million after admitting it breached energy market rules following a review by energy regulator Ofgem.

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Peel Ports to prepare Hunterston marine yard for offshore wind sector with £150m investment

Published 2 weeks ago

Peel Ports Clydeport has signalled its intention to invest up to £150 million in the redevelopment of the Hunterston marine yard in Ayrshire, as it prepares the site to support the UK’s offshore wind sector.

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SSE records 4% drop in operating profit

Published 3 weeks ago

Energy giant SSE has posted an adjusted operating profit of £2.4 billion, down 4% from the previous year, in its annual results for the 2023/24 fiscal year.

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Aventus Eco secures £100,000 investment to scale operations

Published 3 weeks ago

Scottish green energy solutions installer Aventus Eco has secured up to £100,000 in funding from Edinburgh-based tech entrepreneur Ed Broussard, founder of the artificial intelligence startup Tomoro.

Read on www.scottishfinancialnews.com →