Chancellor Philip Hammond announced on Wednesday 19 September that more than £36mn in funding is being provided to a consortium led by Swansea University to develop building materials which generate electricity.

The technology uses light and heat to generate energy which is then released using a smart energy system, a HM Treasury statement said. It added that the materials could replace conventional walls, windows and roofs and has the potential to power homes, businesses and public sector buildings. The funding forms part of government plans to at least halve the energy use of new buildings by 2030.

>HM Treasury