The Scottish National Investment Bank has invested £20 million in ZeroAvia, a developer and manufacturer of zero-emission engines for commercial aviation.
A strategy focused on placing Scotland at the forefront of the net zero economy, with targeted actions to secure growth and investment, has been launched by the Scottish Government.
A new Planning Hub has been created which aims to support the work of local authorities, build skills and capacity, and leverage specialist expertise from outside the planning profession.
Almost a third of UK middle market businesses don’t yet have a sustainability plan or strategy in place – highlighting a worrying lack of formal commitment despite the new government’s pledge to deliver clean energy with the establishment of GB Energy in Aberdeen, according to RSM UK.
Aberdeen-headquartered ICR Group, a global maintenance and integrity solutions firm, together with its regional partners, has secured $3.5 million (£2.67m) in contracts in the Middle East over the past four months.
Norwegian oil company Neo Energy has announced a significant slowdown in investment across its portfolio, including the Buchan Horst oilfield in the North Sea.
The Scottish Government has granted consent for the construction and operation of the Smeaton Battery Energy Storage System, a 228MW:456MWh project near Dalkeith, East Lothian.