Smart Green Shipping secures £5m to develop FastRig wing sail technology

Low carbon shipping technology start up Smart Green Shipping (SGS) has received a £5m funding boost to support the development and testing of its FastRig wing sail technology – a fully automated sailing technology that promises to slash emissions merchant ships. The company formally launched the three-year project late last week, confirming that it has … Read more

Investor groups warn government against adding natural gas to ‘Green Taxonomy’

The bosses of three leading investor groups have published an open letter to the UK government expressing strong opposition to the possible inclusion of natural gas projects in the UK’s proposed ‘Green Taxonomy’. The planned ‘Green Taxonomy’ aims to mirror a similar EU move to establish a common framework for defining which investments and assets … Read more

Levelling up: Report details how net zero investment could drive growth outside London and South East

The UK has the opportunity to become a green tech superpower thanks to its advantages in renewable energy and green finance, with the helping to bolster the government’s ‘levelling up’ agenda. That is the overarching conclusion of a new report today from the Resolution Foundation and the London School of Economics (LSE), which argues that … Read more