The Department for Business, Energy and Industrial Strategy (BEIS) is to provide £28 million of new funding for low carbon innovation projects.

Nick Hurd, the Minister of State for Climate Change and Industry, announced the new round of investment recently.

He told the audience the money would be used to finance a range of clean energy technologies, including smart data, energy storage, demand side response and efficiency projects.

The Minister said the figure would be “a small piece of a much bigger pie” compared to the total energy and innovation funding portfolio across government, which he said was in the region of £2 billion.

Read more from here.