Category: Energy
Turntide Technologies, headquartered in California, is entering the transport space with the acquisition of two UK-based businesses, Hyperdrive Innovation Ltd and BorgWarner Gateshead Ltd. The acquisition of Hyperdrive Innovation and BorgWarner Gateshead aims to position Turntide to accelerate existing technologies and capabilities to reduce energy use and cost for commercial transportation services. A new division […]
Five North East firms will share a £1.7m cash pot after being selected to showcase their innovative technologies to offshore wind industry giants, through the first round of the Technology, Innovation and Green Growth for Offshore Renewables (TIGGOR) programme. The companies will demonstrate their technologies to offshore giants Equinor and EDF Renewables. The successful companies […]
A new white paper published by the Mine Energy Taskforce and Local Energy Hub network has called for greater support for mine energy as a key low carbon heat source in the UK that can contribute to government’s ambition to reach net zero by 2050. The report also outlines how the introduction of large scale […]
A renewable power company has announced that the country’s first overseas wind farm will create 15,000 new jobs across the country. Hecate Independent Power (HIP) has today launched its HIP Atlantic Project, which will be based in the North Atlantic and connected to the UK by a £200m power cable plant that will be manufactured […]
Plans to construct a new multi-million pound office scheme for North East companies to launch, scale-up or take advantage of global trade and export links have been submitted to Newcastle City Council by Tynexe Commercial Ltd, developers of AirView Park. The application, which will become phase two of AirView Park next to Newcastle International Airport, […]
South Tyneside custom battery pack manufacturer Cell Pack Solutions is fuelling further growth with the acquisition of the battery division of East Anglian based Tracer Power. Award winning Cell Pack Solutions, which was established over 20 years ago, doubled the size of its business in January 2021 when it bought the Tracer Power Battery Division […]
Jonathan Scott, Commercial and Fuel Director of Lynemouth Power Limited on why the net zero agenda could also be the road to economic recovery. “The demand (and need) for renewable energy has never been so great with global climate change efforts over recent years forcing a major shift away from fossil fuel use. “Lynemouth Power […]
As part of a multi-million pound investment programme, the Port of Blyth has announced the launch of its Bates Clean Energy Terminal, offering enhanced facilities and the opportunity for low carbon focused investment and innovation. This major redevelopment scheme supported by North East Local Enterprise Partnership, strengthens the Port’s reputation as one of the UK’s leading offshore […]