Aberdeen-based energy services firm Wood Group has revealed revenue growth and improved cash flow for 2022, alongside a new “Simplification Programme” aimed at driving margin expansion.
Energy regulator Ofgem is seeking views on a range of options being considered to reform the energy price cap, including a cap based on consumers’ vulnerability and when energy is used.
The portfolio of wind farms owned and operated by renewable energy firm OnPath Energy generated enough electricity in the company’s last financial year to meet the annual electricity needs of around 195,000 homes – or a city bigger than both Aberdeen and Dundee combined.
Views are being sought on proposals for the sustainable use of bioenergy, including growing crops which can be converted into electricity, heat and fuels.
Scotland has no comprehensive strategy to decarbonise towards net zero and will miss its statutory 2030 goal to reduce emissions by 75%, a new report by the Climate Change Committee (CCC) has concluded.
Global clean energy enterprise TagEnergy and renewable energy infrastructure developer Harmony Energy’s Jamesfield battery energy storage system has gone live following the completion of the facility.
Harland & Wolff Group Holdings plc, an engineering firm specialising in strategic infrastructure projects and physical asset lifecycle management, has landed a contract to fabricate subsea structures at its Isle of Lewis site for a global oil services company.
Edinburgh-based Corran Capital has secured £80 million for its second fund, Corran II, dedicated to investments in clean energy and climate-focused companies throughout the UK.
EY has identified the Energy Profits Levy as a hindrance to investment, leading Aberdeen to experience the slowest economic growth in the UK, with an anticipated average GVA growth rate of 0.8% from 2024 to 2027.
Engineering consulting group COWI has been awarded a contract by Thistle Wind Partners (TWP), a joint venture involving DEME, Qair and Aspiravi, with a focus on Scottish offshore wind development.
Plans for two high voltage cable links to Europe which could help power millions of homes and harness the power of the North Sea have been recommended for approval by energy regulator Ofgem.
A new event from industry body Scottish Renewables aims to inspire, connect and engage businesses with the country’s £10 billion-a-year transition to clean energy.
Civil engineering firm Jones Bros has helped North Kyle Wind Farm reach a significant construction milestone with the first pouring of concrete on turbine foundations.