Subscribe to our Construction Newsfeed
UK Construction Directory
Search our 157,349 companies....

Construction News

04/11/2008

Britain Signs New Gulf Green Deal

Britain has teamed up with two oil-rich Gulf states to secure a mix of reliable and green energy supplies for the UK and which could see hundreds of millions of pounds pumped into the green energy revolution.

The announcements were made during a visit to the Gulf by Prime Minister Gordon Brown and Energy and Climate Change Secretary Ed Miliband.

Mr Brown said: "I applaud the vision and leadership which Masdar has shown in investing in the development and deployment of low carbon energy technologies. The United Kingdom looks forward to collaborating with Masdar through this agreement, bringing together the best of British and Abu Dhabi expertise for the benefit not only of our two peoples but for the world as a whole."
-- Advertisement --
hss



Mr Miliband said: "As every country tackles the twin challenges of energy security and climate change, both oil producing and oil consuming nations need to diversify our energy economies. Low carbon sources - from wind and solar through wave and tidal to carbon capture and storage - can provide a new engine of global economic growth. So this partnership represents a significant contribution to our sustainable prosperity.

"The Gulf's oil and gas will continue to be an important source of energy for the UK, but with the impending threat of dangerous climate change and growing global energy demand, the UK and the rest of the world needs to diversify its energy supplies.

"These agreements show how Qatar and the UAE are serious about tackling climate change, diversifying their economies and providing secure energy supplies for the UK. The Gulf states recognise the UK too has natural assets, like wind, that offer investment opportunities for them."

(CD)

Latest Construction News

13/06/2025
A vital piece of Peak District railway infrastructure is set to receive a major upgrade this summer, as Network Rail announces a £7.5 million investment into one of Chapel Milton's iconic twin Victorian viaducts. The 160-year-old, 15-arch structure plays a critical role in the UK's freight network,
13/06/2025
Morgan Sindall Construction has revealed plans to expand its operations in South Yorkshire, building on its strong delivery record in West Yorkshire and aligning with the goals of the newly launched Great North initiative. Backed by northern regional mayors, the Great North initiative aims to unloc
13/06/2025
Construction has officially commenced on the new Children's Cancer Centre (CCC) at Great Ormond Street Hospital for Children (GOSH). Led by long-term design partner BDP, the new centre is one of the most ambitious projects in GOSH's history. The firm is overseeing architecture, landscape, engineeri
13/06/2025
The developer behind the Redworthy Orchard scheme in Yatton has handed over the first homes to a local housing association as part of a wider plan to provide affordable housing in the area. Persimmon Homes Severn Valley has transferred four new properties to Alliance Homes, a move set to ease press
13/06/2025
Wynne Construction has been awarded two major design and build contracts worth over £20 million by Adra to deliver nearly 100 new social homes across North Wales. Construction is already underway at the first site on Berse Road, Wrexham, where Wynne began work in March on a £9 million, 47-home soci
13/06/2025
Great Places Housing Group has officially broken ground on its landmark £37 million LGBTQ+ majority Extra Care housing scheme in Whalley Range, marking the start of construction during Pride Month. The scheme, hailed as the UK's first purpose-built Extra Care development of its kind, is being deliv
13/06/2025
Henry Boot PLC has announced that its property investment and development arm, HBD, has completed the sale of TWO45, a multi-let industrial-led business park in Skelmersdale, to a European real estate developer for £9.5 million. Located on a 10-acre site just minutes from the M58 and M6 motorways,
13/06/2025
Clowes Developments has announced the successful letting of Unit 5A, a newly completed 27,000 sq ft industrial unit at Stud Brook Business Park, to Shawpak Ltd, a pioneering manufacturer of medical device packaging machinery. Founded in Derby in 2013, Shawpak Ltd designs and produces a unique range
13/06/2025
The Hill Group and Legal & General (L&G) have announced a new partnership to deliver 200 affordable homes as part of the first phase of the £450 million City Centre South regeneration scheme in Coventry. This marks the first time the two organisations have collaborated on a major residential devel
13/06/2025
The historic South Crofty tin mining project in Pool, Cornwall, is set to receive a significant boost after being awarded £4,190,500 through the Cornwall and Isles of Scilly Good Growth Programme, marking the largest single private sector investment by the programme to date. Delivered by Cornwall C
Lakeside HireEfco UK LtdStuart CanvasAqua Direct LtdSouth Staffs WaterYorkshire Loft Ladders LTDPromain UK LtdAngel RoofingArtificial Grass DirectMulti-Hire Power Tools Ltd.