August 6, 2012

Alternative energy gains a powerful ally in the UK




Alternative energy gains a powerful ally in the UK

Lloyds Banking Group prepares to invest heavily in alternative energy

The United Kingdom’s Lloyds Banking Group, one of the world’s most influential financial institutions, has taken a keen interest in alternative energy. The organization is poised to make a large investment in several alternative energy projects. These projects include offshore wind farms, solar energy farms, biomass and hydrogen-based projects. The banking group has also allocated funds to the establishment of a hydrogen fuel infrastructure in the UK as part of the government’s Guarantees program.

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