Reuters reports that Equinor will generate 10% of its energy with renewables by 2030.
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- The Oslo-based energy producer will increase funding for low carbon solutions by 50% by 2030.
- The company has recently partnered with Battelle to fund carbon capture deployment in Appalachia.
- Private sector leadership is key to a cleaner energy future.
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“The company aims to have 12-16 gigawatt (GW) of renewable energy capacity by 2030, up from 0.5 GW in 2020, mainly due to investments in offshore wind.”
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