IEA: Oil and gas industry must take swift action to tackle climate change

The International Energy Agency says oil and gas companies, with their ‘extensive know-how and deep pockets’, can play a crucial role in accelerating the deployment of offshore wind, carbon capture and hydrogen

Hyundai and Kia plug in €100m into UK electric van maker

They have signed a contract for investment in Arrival and for the joint development of electric vehicles

US gains on China in clean investment stakes

Bloomberg New Energy Finance says despite China remaining the world’s largest investor in renewables, with $83.4 billion of new spending in the sector last year, this was 8% down on 2018

UK’s Logan Energy secures £1m for hydrogen joint venture with Chinese firm

Logan Energy designs, installs, commissions and maintains energy centres across the UK and Europe

Carbon dioxide emissions
Norway proposes to invest £54m in CCS projects in 2020

Part of the budget would support the development of a full-scale CO2 capture, transport and storage project and provide funds for operation of the Technology Centre at Mongstad

Norway’s Equinor targets ‘near zero’ emissions by 2050

It has also set near term goals to cut emissions in Norway by 40% by 2030 and 70% by 2040

Infrastructure fund buys 70% stake in anaerobic digestion plant

The facility has a thermal capacity of around 10MW and a waste processing capacity of up to 100,000 tonnes per annum

Swedish firm wins €5.8m for battery recycling plant

Northvolt aims to use 50% recycled materials in all its new battery cells by 2030

New collaboration targets clean energy in New York academic institutions

The New York Energy Research and Development Authority and the Commission on Independent Colleges and Universities have joined forces for the initiative

Japan’s Osaka Gas invests £20m in UK supplier Igloo Energy

The Southampton-based firm says the investment will fast-track the development of its home services arm aimed at helping customers reduce their energy use at home