Government targets firms exploiting customer loyalty – will energy suppliers face direct CMA fines?

Under the proposals, the Competition and Markets Authority will receive new powers to decide if consumer law has been broken by companies

Minesto secures €1.2m for marine energy technology

It will support the development and commercialisation of its Deep Green technology

Rolls-Royce to land Siemens’ electric aerospace business

The deal is expected to be completed towards the end of 2019 following employee consultation

Statkraft and Statera join forces for 1GW of energy storage and flexible gas

The 15-year partnership will provide flexible energy services as part of the Norwegian energy giant’s UK-based virtual power plant

EU approves Italy’s €5.4bn support for renewable energy scheme

The Italian Government intends to introduce a new aid initiative that supports electricity production from sources such as solar and onshore wind

Volkswagen invests $1bn in Swedish battery firm Northvolt

A 50/50 joint venture will see the companies build a 16GWh battery gigafactory in Germany

French utility ENGIE buys UK’s ChargePoint Services

The latter company owns and operates pay-as-you-go charging network GeniePoint and already works with around 30 local authorities on charging point infrastructure across the UK

Young inventors offered share of £1m to tackle air pollution and climate change

They are being encouraged to build prototypes that uses AI and data to help the UK become greener and clean up transport among others

EU approves new emissions limits in Italian capacity market scheme

The changes will prevent coal plants from taking part in the auction, with the first one scheduled to take place later this year

Chinese property developer makes major investment in EV factories

Evergrande Group has said it will spend 160 billion yuan, equal to $23.1 billion, on three new production facilities in Guangzhou