Davey defends UK energy policy

Davey defends UK energy policy

Ed Davey has responded to accusations that the coalition ‘doesn’t have an energy policy’, saying the government ‘is tackling the legacy of decades of under-investment in the UK’s energy infrastructure’.

Ex-Hess directors face $6.9m damages claim

Ex-Hess directors face $6.9m damages claim

Former Hess directors Christoph Hess and Peter Ziegler may have to pay $6.9 million (€5 million) in damages to investor Holland Private Equity (HPE), which claims it suffered massive losses after the firm was floated on the stock market on the basis of false accounts.

Tridonic chief: We need to catch up on LEDs

Tridonic chief: We need to catch up on LEDs

Tridonic CEO Alfred Felder has admitted the control gear giant has been ‘late’ to LEDs and  has vowed to turn the company into an LED-dominated business in six years.