With the Republic of Korea Ambassador to London, Joonkook Hwang, in attendance, Claire Perry, Minister of State for Energy and Clean Growth, yesterday announced a matched funding arrangement with the Republic of Korea which will see £6m available for the further development of energy storage innovations and technology. This came at the Rushlight Show yesterday after announcing the launch of an online database of some 4,300 low carbon organisations and projects which have received some form of public sector funding over the past five years, in order to champion both the UK’s clean technology development to investors and highlight government support for the sector.
Claire Perry, Minister of State for Energy and Clean Growth said:
“Since the Rushlight Showcase last June, we have launched our modern Industrial Strategy which placed decarbonisation as one of our defining Grand Challenges, and our Clean Growth Strategy in which we committed to invest over £2.5 billion in low carbon technologies.
“As Rushlight has shown, clean tech businesses are flourishing in the UK and around the world. Today we have published our online Energy Innovation Portfolio which for the first time pulls together all the companies and projects with original ideas that have received government funding.”
See the full press release HERE