Global investment manager Quinbrook Infrastructure Partners has invested £100 million of equity into Aegis Energy to fund a roll-out of hydrogen and multi-fuel refuelling infrastructure for fleets in the UK.
The aviation industry is running out of time to introduce cleaner planes needed to eliminate net carbon emissions from air travel by 2050, according to a study released Thursday.
At last, a pipelay/construction ship ordered a decade ago by Petrofac – the JSD6000 – has been completed in China for Shanghai Zhenhua Heavy Industry shipyard (ZPMC).
Network Rail has commissioned the installation of the first of two hubs for its electric vehicles in Scotland using charging technology developed by Edinburgh-based FOR EV.
Norway has yet again demonstrated that it really is a maritime technology leader with ferry company Torghatten Nord placing an order in-country for the construction of the largest hydrogen-fuel cell ships attempted anywhere.
Sea trade is under massive pressure to change as the global population of 61,000 ships collectively weighing in at over 2.1 billion tons deadweight is responsible for over 3% of current CO2 emissions and still rising.
Norwegian shipbuilding group Vard has secured a contract to design and build a hybrid-fuelled service operation vessel (SOV) for Singapore-based offshore wind vessel owner Cyan Renewables.
Remarkable strides are being made in the world of batteries with super-fast charging and large solid-state units at the threshold of commercial reality.
Hydrogen can already be a profitable and competitive alternative to petrol and diesel fuels, at least in world energy capital Houston, researchers claim.
Shell (LON: SHEL) will increase its dividend per share by 15% in the second quarter of the year and reduce spending elsewhere as part of CEO Wael Sawan’s Capital Markets Day pitch in New York.
New research has set out how the UK could rapidly accelerate net zero technologies and cut costs in the “critical” years ahead to capture global economic opportunities.