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.
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.
Orbital Marine Power and Global Energy Group have signed a preferred supplier agreement which confirms the build and launch of the next generation of Orbital floating tidal turbines in Nigg.
Funded by over 5,600 public members and businesses who raised £13.2 million in 2022, Kirk Hill Wind Farm in Ayrshire is set to commence operations this month.
More than 3,000 full-time equivalent (FTE) jobs could be supported and £300 million generated for the wider UK economy through the establishment of a CO2 transport and storage (T&S) sector in Scotland linked to the deployment of carbon capture utilisation and storage (CCUS).
Scottish energy specialist Aurora Energy Services Ltd (Aurora) has extended its international capabilities with the acquisition of ARC Wind in Australia.
SSEN Transmission has selected Sumitomo Electric Industries and its subsea cable installation partner, Van Oord Offshore Wind UK, (the Sumitomo Electric Van Oord Consortium) as the preferred bidder for the proposed Shetland 2 High Voltage Direct Current (HVDC) link subsea cable.
Scotland-based independent green energy company GreenPower has welcomed the approval of its planning application to establish a green hydrogen production and distribution centre on the west coast of Scotland at the Glenshellach Industrial Estate in Oban, Argyll and Bute.
Aberdeen-based oil services company Wood Group has declined a £1.4 billion takeover offer from Dubai-based rival Sidara, citing the offer as “fundamentally undervalued”.
Shell has announced the expansion of its enterprise development initiative, Shell LiveWIRE, throughout Scotland to aid entrepreneurs in overcoming business obstacles.