Europe
Energy projects in developing countries to receive £79m in UK climate finance
The money comes under the UK’s existing pledge to spend £11.6 billion in climate finance over five years up to 2026.
Stellantis pledges not to close plants or slash jobs in Italy
"Stellantis does not intend to close any plants in Italy, just as it has no intention of making collective redundancies."
China’s Chery to delay Barcelona production start to Q4 2025, Spanish partner says
The Chery-Ebro venture said in April it would aim to produce up to 150,000 vehicles a year by 2029.
Status update: UK offshore wind farms
The UK’s offshore wind farms are vital to its net-zero target, aiming for 50 GW by 2030 to power millions of homes and...
Europe needs more resources to tackle climate change, Greek PM says
Greek PM Mitsotakis urges Europe to balance swift green goals with immediate climate response resources to protect lives.
Siemens Energy won’t propose dividend for fiscal year 2024
Siemens Energy will not issue a 2024 dividend due to German-backed guarantees, pausing payouts and top-level bonuses.
Siemens Energy raises mid-term outlook as turnaround gathers pace
Siemens Energy narrows Q4 losses, triples shares YTD, and raises 2028 profit outlook, driven by strong demand and order growth.
Subsea electricity links between UK and Europe approved
Ofgem approves five new subsea power lines, boosting UK’s wind power export to Europe and aiding energy security by 2032.
