French naval defence manufacturer DCNS is taking a majority stake in renewable energy company OpenHydro after predicting a surge in the tidal sector.
New research says that 70% of surveyed companies, including Walmart, EADS, Ford, Jaguar Land Rover and Nestle, believe that climate change is affecting their revenue but suppliers to these big firms are not setting emissions reductions targets.
The Government has said that the Energy Bill will offer relief to industry hit hard by rapidly increasing energy costs by making energy-intensive companies exempt from costs associated with the move to a low carbon economy.
Food and drink companies in the UK have adopted environmentally-friendly changes that have saved over 34 million wheelie bins' worth of supply chain food and packaging waste in the last five years.
A bid is due to open for up to £1 million Government investment in projects that can demonstrate energy harvesting technologies for autonomous sensing.
Organic waste company TEG has secured funding to construct a £21m facility transforming food into power in east London.
“Within the manufacturing sector, green technology and the opportunities and products around that are increasingly important. Not only do they have the opportunity to provide jobs, they have the opportunity to address the single biggest challenge we face in our future – climate change.” These were the words of Lord Drayson during a recent interview with TM’s Tim Brown.