Is Barclays really moving away from fossil fuels?
Barclays decision to no longer finance new oil and gas fields is a positive development, but it comes with major caveats.
15 February 2024
15 February 2024
Barclays decision to no longer finance new oil and gas fields is a positive development, but it comes with major caveats.
The new projects bring the company's global battery energy storage capacity to 700MW.
The company will be responsible for the transportation and installation of 111 extended monopiles.
The UK and Canadian agencies will advance technologies critical to the management of tritium, a key fuel for fusion energy.
Optate Africa has applied to lease 100 hectares (ha) of land to build the facility.
The UK doesn’t currently put any money towards the construction of its flagship new nuclear plant.
The two nations will work together on the construction of two nuclear units at the Kozloduy plant.
The company will invest $150m (€140.13m) to expand its power manufacturing facility in Charlotte, North Carolina.
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