Quaybridge has formed an alliance with bp to advance the company’s global offshore wind portfolio

Quaybridge, a popular name in the UK energy segment, has recently made an announcement that it is partnering with bp. Both the companies are expected to work cordially to improve bp's global offshore wind portfolio, and they also want to scale bp's offshore wind knowledge. The new agreement will allow team members from Quaybridge to work closely with bp's renewables business development team. From bp's SVP renewables growth, David Anderson has stated that it is crucial to invest in the right skill because it plays a major role in a business's success.

He furthermore added that Quaybridge is well known in the industry for its entrepreneurial spirit and technical expertise. The new partnership is expected to play a major role in giving the companies an edge in this highly competitive segment as they are looking forward to accelerating their global portfolio. Everoze was responsible for forming Quaybridge in 2018, and it was able to accumulate the necessary expertise. Quaybridge services are aimed at the global level, where companies from various regions can make use of their services. Colin Morgan, team director at Quaybridge, has stated that the company is very excited to support bp in its effort, and the whole team will work diligently to deliver success.

 

G7 nations invest big to reinvent fossil fuel than green energy

The G7 nations have invested billions of dollars into fossil fuels than they have into clean energy since the Covid-19 pandemic to reinvent the fossil fuel sector. New analysis has revealed that the countries attending the summit are committed $189bn to support oil, coal, and gas. It is reported that the G7 conference will be held in the UK.

Countries like UK, US, Canada, Italy, France, Germany, and Japan are taking part in the summit and have already spent $147bn on clean forms of energy. The support for fossil fuels from seven of the world's richest nations included primary measures to remove or reduce environmental regulations and direct funding of oil, gas, and coal. In most cases, the money offered for fossil fuel industries was given with no strings attached.

Recent analysis has found that eight in every 10 dollars spent on non-renewable energy came without conditions. This included lifelines thrown to the aviation and car industries, which received $115bn from the G7 countries. Of that money, 80 percent of the amount was given with no attempt to force the sectors to cut their emissions in return for support.