Almost £250 million is to be spent by the UK government on the development of batteries for electric vehicles over the next four years should the Conservatives be returned to Parliament in June. Business secretary Greg Clark announced the funding before the beginning of purdah on Friday [21 April] as part of the Industrial Strategy Challenge Fund (ISCF), which will commit over £1 billion to research and innovation in specific areas identified in the government’s Industrial Strategy. One such area is batteries for clean and flexible energy storage, which will receive £246 million to help UK businesses tap into the opportunities presented by the global transition to a low carbon economy.
Solar Power Portal 25th April 2017 read more »