The UK has secured more than £1.3 billion in new international investment for battery storage, energy infrastructure and technology projects, with major commitments from companies based in France and India.
French private equity firm InfraVia will invest £1 billion in battery storage and flexible energy infrastructure projects, while India-based Atri Energy Transition will commit more than £300 million to large-scale battery storage and advanced manufacturing facilities.
Indian technology company Hexaware Technologies will also invest £25 million to expand its UK operations.
The government said the projects would support job creation and help strengthen the country's energy infrastructure as demand for electricity continues to grow.
Battery storage is playing an increasingly important role in the UK's energy system. The technology allows excess electricity generated by renewable sources, such as wind and solar farms, to be stored and used when demand rises or generation falls.
The investment comes as the UK continues efforts to reduce its reliance on fossil fuels and expand clean energy capacity. The government has set a target of reaching net-zero greenhouse gas emissions by 2050 and has identified energy security as a key priority.
Ministers say attracting international investment into renewable energy, energy storage and advanced manufacturing will help support economic growth while accelerating the transition to cleaner sources of power.
The announcement was made during the G7 summit, where leaders are discussing economic growth, energy security and international cooperation amid ongoing global challenges.
A Russian guided aerial bomb has struck an apartment building in Kharkiv, injuring 22 people, including children, according to the city’...
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Leaders from around the world are gathering in New York for the latest session of the United Nations General Assembly, with conflicts in Ukraine and the Middle East, global security, trade, artificial intelligence, climate change and economic development dominating the agenda.
Iran has called for a diplomatic solution after U.S. President Donald Trump rejected its Hormuz proposal, while Foreign Minister Abbas Araghchi said Tehran was awaiting a definitive U.S. response through mediators.
British police have arrested five men on suspicion of offences under the Explosives Act after a major security incident was declared near RAF Fairford, a British air base used by U.S. air forces in Gloucestershire, England.
A Russian guided aerial bomb has struck an apartment building in Kharkiv, injuring 22 people, including children, according to the city’s mayor. The strike follows a day of near-continuous Russian attacks across Ukraine that killed at least five people.
Six people have died after a two-storey residential building in a tourist area of central Athens collapsed, the Greek fire brigade said on Saturday (26 September), following an explosion that the mayor said was likely linked to gas infrastructure.
A Russian guided aerial bomb has struck an apartment building in Kharkiv, injuring 22 people, including children, according to the city’s mayor. The strike follows a day of near-continuous Russian attacks across Ukraine that killed at least five people.
Pope Leo has renewed his pledge to tackle abuse within the Catholic Church after privately meeting survivors of clergy abuse during his visit to France.
Swiss voters have overwhelmingly rejected stricter neutrality rules that would have limited the country’s ability to impose sanctions and cooperate with NATO, with more than 70 per cent voting against the proposal.
Pope Leo XIV joined an estimated 150,000 pilgrims for a traditional candlelight procession at the Sanctuary of Our Lady of Lourdes in southern France on Sunday (27 September), during the final evening of his visit to the Catholic pilgrimage site.
Serbia's President Aleksandar Vučić resigned on Sunday, ending his second and final five-year term and paving the way for an early presidential election as the country prepares for a snap parliamentary vote on 25 October.
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