Search
- [SSE plans to invest £40bn in clean energy projects] SSE Plc, a power generator and grid operator, set out plans to invest as much as 40 billion pounds in clean-energy projects over a decade and called on the government to keep Britain competitive. The UK is working to boost its renewable power generation capacity to meet its goal of net zero emissions by 2050 and to become more independent of imported energy after geopolitical conflicts caused supply disruptions. What we want to see is an acceleration of pace and ensuring that Britain can compete with places like the United States with the Inflation Reduction Act (IRA), SSE chief executive Alistair Phillips-Davies said in a conference call with reporters. Mr Phillips-davies said SSE could not rule out future investments in the US, but expected Europe to remain its core market. The UK has a contract for difference (CfD) scheme to help stimulate investment in new renewable energy projects, offering a guaranteed minimum price for the electricity they produce. Editor/Xu Shengpeng
Latest
- 2026.09.16 15:29
- [Sarat Ratanavadi Restarts Vietnam’s Ninh Thuan Gas Project]
- Sarat Ratanavadi, founder and CEO of Thai Gulf Energy, has confirmed the restart of the LNG terminal project supporting the Vietnam Nanning Shun 6 GW gas power station. The company plans to invest a total of 140 billion Thai baht by 2030, of which 14 billion Thai baht will be invested in cloud computing and AI infrastructure. Editor/Min Jing
- 2026.09.16 15:28
- [Liao Jiasheng Signs Green Cooperation Deals During Qinghai Visit]
- CECEP Chairman Liao Jiasheng went to Xining to attend the conference on promoting high-quality development in Qinghai Province with the support of state-owned enterprises. He signed a 1.482 billion yuan agreement with the Qinghai Provincial Government for the Delinghayuan Net Energy Storage Project, witnessed the signing of contracts by subordinate enterprises, and conducted research on cooperation related to the Haidong Zero Carbon Park. Editor/Min Jing
Share
