"The head of Britain's largest energy supplier has warned that the UK risks being "left behind" if it fails to collaborate with China on renewable technology, suggesting that importing Chinese wind farm innovations could create thousands of jobs. Greg Jackson, founder and chief executive of Octopus Energy, recently accompanied Sir Keir Starmer on a UK delegation to China. He emphasised China's significant advancements in technology and renewables, which he believes could provide Britain with crucial energy security."
"This push for closer ties follows Octopus Energy's recent joint venture with Chinese firm PCG Power, marking its first expansion into China. The agreement will enable Octopus to trade renewable energy within the world's largest clean energy market. Furthermore, Octopus has previously indicated its desire to deploy wind turbines from leading Chinese manufacturers across its UK projects, utilising the country's renewable technology to enhance Britain's capabilities."
Greg Jackson, founder and chief executive of Octopus Energy, warned that the UK risks falling behind in renewable technology without collaboration with China and said importing Chinese wind-farm innovations could create thousands of jobs. He highlighted China's significant advancements in low‑carbon technology and renewables and argued those advances could deliver crucial energy security for Britain. Octopus Energy has entered a joint venture with Chinese firm PCG Power, marking its first expansion into China and enabling the trading of renewable energy in the world's largest clean energy market. Octopus has expressed intent to deploy Chinese-manufactured wind turbines in UK projects, while proposals raise ongoing national-security concerns.
Read at www.independent.co.uk
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