Tado, a maker of smart home climate management systems, has raised €43 million in a funding round which will use to scale its business and expand its product line, with the goal of becoming profitable in 2023. The company’s products help to address climate targets by improving the energy efficiency of homes.
Kingspan (LON:KGP) is launching a new range of insulated panels that has achieved a 41% reduction in embodied carbon compared to previous models.
Energy efficiency is a key tool to reach global climate targets as energy demand grows exponentially across the world.
The UK’s slow progress in implementing adequate climate change and energy transition policies is costing households and businesses, and could jeopardise the country’s commitment to achieving net zero emissions by 2050.
By Fiona Duggan, policy lead at climate solutions charity, Ashden
Recent political tensions have put a spotlight on the UK’s heavy reliance on fossil fuels, highlighting the necessity to transition to clean, renewable energy. Energy companies must innovate the sector and build a greener energy system.
An initiative led by National Grid (LON:NG) will use satellite imagery and data analytics to improve energy grids' monitoring and maintenance.
Efforts to help homes save energy - including information campaigns - have been a "critical gap" in the Government's response to soaring bills, a report has warned.
German energy management startup Ostrom has raised €9.3 million, which it plans to use to expand its green energy services amid the energy crisis.
The Biden-Harris Administration has set the first-ever Federal Building Performance Standard to decarbonise buildings in the race to net zero.