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Environment

Profits up at Good Energy as wholesale market stabilises
Company Results
The Wiltshire-based company says it expects to see a return to more normalised supply segment margin levels in 2024
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New Nissan strategy to take Sunderland approach to US and Japan plants
Automotive
The automotive giant's The Arc plan envisages cheaper manufacturing costs for electric vehicles
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The Welsh firm helping to decarbonise tea making in Kenya
Exports
Compact Syngas Solutions plans to role out its technology globally
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Bristol Airport agrees renewable energy deal
Deals
The South West transport hub says the agreement will help it achieve its ambitious net-zero plans
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Government to pay for electric buses in West of England
Transport
The buses will replace older First Bus vehicles that run on diesel
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£15.7m capital boost for EV infrastructure in the West Midlands
West Midlands
Transport chiefs herald extra funding to boost the roll out of up to 12,000 new charging points across the region
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Up to 500 new EV charging points to be installed across Solihull
West Midlands
European operator Qwello has won the brief to boost capacity for drivers of electric vehicles across the West Midlands borough
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Prime Minister discusses nuclear power on trip to Rolls-Royce Bristol
Politics
Rishi Sunak was also given a tour of the site and opened the company's new FutureWorks facility
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Wales needs to unlock the multiple benefits of seaweed
Economy
Wales seems to have the perfect environment to develop a thriving seaweed industry
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Judges announced for Humber Renewables Awards as deadline nears
Humber Renewables Award
The awards celebrate the best of the region's renewables sector
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Electric battery tech company raises £1.6m in latest fundraise
Finance
Anaphite is developing technology to reduce the cost of electric vehicle battery manufacturing
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Café and gym to open in landmark Bristol office building
Offices
The EQ building is a new office development on Victoria Street
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Three North East universities secure £22.5m funding to collaborate on pioneering projects
Climate Agenda
Researchers at Newcastle, Northumbria and Durham Universities will collaborate to help produce future leaders for Net Zero process industries
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‘Shocking’ lack of support for hospitality while small firms need more support- North West reacts to Budget of missed opportunities
Federation of Small Businesses
Some measures welcomed but many experts feel Chancellor didn't go far enough
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Budget: Government strikes deal with Hitachi for Gloucestershire nuclear site
The Budget
Chancellor Jeremy Hunt made the announcement in his Spring Budget 2024
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North East business life: charity, community and award events of the week
People
Companies featuring in this week's round-up include Muckle LLP, Groundwork NE & Cumbria, Komatsu, Barratt Homes North East and Amazon
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Drax posts massive rise in profits and looks for global growth
Energy
The Yorkshire firm's six-fold rise in profits comes just a day after it was criticised for use of wood from 'old growth' forests in Canada
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Bristol City Leap to create 1,000 jobs in bid to decarbonise city
Climate Agenda
The initiative has published a £750m five-year plan which includes major infrastructure and green energy projects
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Somerset gigafactory to be biggest of its kind in º£½ÇÊÓƵ
Tata Motors
The £4bn plant will manufacture electric vehicle batteries for motor giants such as Jaguar Land Rover and Tata Motors
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Plans for hydrogen plant on banks of Tyne revealed by French firm Lhyfe
Energy
The company is working with Shepherd Offshore to build a plant on the site of the former Nepture Bank Power Station
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North East deals of the week: key contracts, investments and acquisitions
Deals
Companies featuring in this week's deals round-up include GeoPura, UMi, GlycanAge, Geoteric, Otterburn Hall Hotel, RMT Accountants & Business Advisors, PolyPhotonix, Petards and Newcastle University with Unite Students
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Innovative manufacturer Dragonfly Insulation seals £935,000 investment to scale up
Deals
The round was led by the North East Innovation Fund, managed by Northstar Ventures, alongside angel investors
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Spring Budget 2024: Tax on vegetable oil for heating homes should be slashed, says supplier
Energy
The Cornish company is calling on chancellor Jeremy Hunt to cut taxes on renewable liquid heating fuels
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Bike cargo scheme for businesses launches in Bristol
Environment
The idea is to help companies in the city become more sustainable
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