While much attention has been drawn to an income tax hike and council tax freeze, noteworthy announcements include increased funding for the offshore wind supply chain and adjustments to landfill tax rates.

The study indicates that such an expansion would incur costs of up to $700 billion and would not yield significant results until at least the next decade.

The data, prepared by the University of Strathclyde’s Fraser of Allander Institute, estimates that the sector contributed over £10 billion to the Scottish economy, supporting 42,920 full-time roles.

. The newly acquired funds will be instrumental in advancing the research, production, and commercial scale-up of LIND's battery technology.

The expansion includes an 11MW site in Coryton Energy Park, Essex, and a larger 50MW site on Broomloan Road in Ibrox, Glasgow. Together, these sites will contribute a combined 61MW of storage capacity for renewable energy.

The collaboration aims to provide pragmatic solutions for a just energy transition in their respective countries and the region.

EY publishes the RECAI biannually, and the latest edition cites concerns over grid connection delays as a key factor influencing the attractiveness of the UK market for renewable energy projects.

Both nations have committed to strengthening collaboration in various key areas to accelerate the transition to renewable energy and promote sustainable practices.

The project aims to combine the potential of large-scale offshore wind energy with green hydrogen production, fostering sustainable local development and aligning with the energy objectives of both Åland and the wider European region.

This milestone underlines the company's commitment to sustainable energy integration and its pivotal role in supporting Germany's ambitious climate policy objectives.