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Environment

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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GeoPura to create 400 new jobs after sealing £56m clean energy investment
Climate Agenda
The firm has bases in Newcastle, Nottingham, Matlock and Sheffield and sealed a separate deal for £36m exactly a year ago
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The huge economic potential of floating wind farms in the Celtic Sea
Climate Agenda
Managing director, marine, for The Crown Estate, Gus Jaspert, on harnessing growth from new floating wind farms in the Celtic Sea.
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First Minister contender Jeremy Miles on business support closer EU ties and a delivery unit
European Union
He also calls for a reform of the Barnett Formula and an independent body to adjudicate on funding disputes
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Prime Minister Rishi Sunak tells º£½ÇÊÓƵ farmers 'I have your back'
Politics
Speaking at the National Farmers Union (NFU) annual conference, he announced plans to boost the country's food security
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Bristol boss named among most influential CEOs in º£½ÇÊÓƵ in 2024
Aerospace
Alex Chikhani's company is developing sustainable fuel for planes in a bid to make flying more environmentally friendly
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Ocado-backed Jones Food Company opens world's 'most advanced' vertical farm in Gloucestershire
Food and Drink
The facility will grow crops including basil, coriander and lettuce using renewable energy
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Newcastle's 'smartest office' to welcome new tenants hedgehog lab and Naylors Gavin Black
property news
The tech consultancy and property specialist are the latest to announce a move into the £30m city centre building
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Exeter hydrogen refuelling station set to open in 2026
Energy
The consortium behind the project has said the facility will drive the growth of the hydrogen sector in the South West of England
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Good Energy snaps up solar and storage installation business for £13.7m
Energy
The energy supplier said the acquisition would strengthen its offering and accelerate its energy services
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Humber Renewables Awards return to celebrate net zero heroes
Humber Renewables Award
The awards, now in their 12th year, will mark the end of the Offshore Wind Connections conference
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Kinewell Energy set to create jobs after launching Newcastle city centre head office
Technology
Founder Andrew Kinewell expects to have a team of 80 on board within the next two years
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New road bypass scheme for Llanharan revealed
Transport
After rejecting the previous scheme Deputy Climate Change Minister Lee Waters have given a possible response to the new proposal
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Somerset Council agrees deal for 'cheaper and greener' road lighting
Somerset
Part of the contract also includes new electric vehicle charging stations, the local authority said
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Yorkshire's Mobile Power receives €3m to ramp up battery rental business in Africa
Deals
The Sheffield solar powered battery business is expected to benefit eight million people in the Democratic Republic of the Congo
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SGS College agrees deal to sell Berkeley science and technology park
Deals
The acquisition is expected to be completed on or before July 2024 after due diligence has been carried out
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Major funding secured to help Bristol Port industries move to greener ways of working
Environment
"The climate crisis is the number one challenge of our time"
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