Renewable energy

the week ahead

The big question for shareholders in Frasers Group at the half-year stage is whether the FTSE 100 group is as confident as it was in the summer that profits this year could hit £500 million, despite

Hydrogen power company ITM Power has delayed its trading update as its new chief executive assesses how to reset the business. ITM said it had chosen to push back a trading update scheduled for

uk news

The government is to pay about £100 million to buy a Chinese state company out of the Sizewell C nuclear plant. Ministers confirmed to China General Nuclear (CGN) to

MOVE

Sir Hugo Drax, a millionaire businessman with a mysterious past, was the memorable villain in Ian Fleming’s third James Bond novel, . The novel, which differs from the camp 1979 Bond film

business

A renewable energy developer has hired an adviser to aid the expansion of its tidal array project. said the next phase of the MeyGen project was making “good progress”. Lumin

business

A renewable energy developer has sold a majority stake in its tidal engineering division. Simec Atlantis Energy said that managers of its Advanced Tidal Engineering and Services division were buying

Environment

Ministers should block future subsidies for large power plants burning wood, experts have said, after a UK company was linked to the destruction of intact forests (Adam Vaughan writes). Drax, which

POLITICS

A cabinet minister held three meetings with a Chinese state-owned nuclear power company for which no minutes have been retained, can reveal. Anne-Marie Trevelyan met representatives of China

STORIES OF THE YEAR

It is a blustery September day on the Suffolk coast. A heron takes flight over piles of dirt on a scratchy bit of wasteland. The future site of the Sizewell C nuclear power station is not much to look

Britain could save at least £100 billion if it stopped wasting so much energy, an investor in the sector has said. Jonathan Maxwell, founder and chief executive of Sustainable Development Capital