04/06/2026
Busy, but excellent day in Oxfordshire yesterday for the launch of green pioneer Jo Bamford's latest venture HYKIT.
A joint venture between Jo's HydraB group of companies, construction giant JCB, and investment firm HyCap, HYKIT has developed a purpose built factory in Bicester, creating 30 high-skilled jobs in the process.
And it was a timely launch with the CBI revealing the impact and potential of the green economy:
π· The net zero economy, is worth more than Β£100bn a year.
β For every Β£1 in value generated, an additional Β£1.85 in wider economic activity is generated.
π Higher wages for net zero workers, with the average over Β£43,000 β 11% higher than the national average of Β£39,000.
π©βπ» Over 300,000 people employed directly in net zero businesses, but when supply chains and related businesses are taken into account, this reaches 1.1m.
The launch marks another major step in HydraB's wider hydrogen strategy. The group owns a growing portfolio of clean energy businesses including world-leading zero-emission bus manufacturer Wrightbus, hydrogen distributor Ryze Power and hydrogen producer Hygen Energy.
Some great coverage from the event already - and more to come.