Daily Shorts: Bridgepoint buys energy investment firm, Indonesia's PLN looks to shift from coal

Asset fund manager Bridgepoint announced an agreement to buy energy investor Energy Capital Partners for $1.05 billion, and said the deal would be accretive to profit from day of c... Read More

Ather boosts R&D spending, raises ₹900 crore to expand products, charging network

Indian e-two-wheeler (e2W) maker Ather Energy announced it had raised ₹900 crore from existing shareholders Hero MotoCorp and Singapore's sovereign wealth fund GIC. The funds were ... Read More

Daily Shorts: UK eases onshore wind norms, Stellantis says its cars can switch to e-fuels

The UK government has eased approvals for onshore wind projects in England supported by the local population. The proposals also aim to incentivise locals by offering them cheaper ... Read More

Daily Roundup: Opel plans EV at half the average price, Petrobras eyes biofuel refinery in Brazil

Stellantis-owned marque Opel plans to offer an EV for about €25,000 from around 2026, the company's CEO Florian Huettl said. That's less than half the current average price for an ... Read More

Weekend Roundup: EU may ask COP28 to phase out oil & coal, Italy gets 16 MTPA carbon storage capacity, and more

The EU could push for a global deal to phase out fossil fuels at COP28, a review of the bloc's draft negotiating position shows. Almost 200 countries are expected to attend the cli... Read More

India notifies National Framework for Promoting Energy Storage Systems

The Union power ministry has released the finalized National Framework for Promoting Energy Storage Systems, bringing cheer to the industry as well as forums such as the India Ener... Read More

​IESA recognises women powering India's clean energy, EV and green hydrogen drive

With Women Equality Day just past, the India Energy Storage Alliance (IESA) called attention to the pivotal role that women play in driving India's clean energy transformation, wit... Read More

Daily Shorts: US offers $12 bn to retool car plants for EVs, Tesla reverses China price war

The US government is offering auto companies and component suppliers $12 billion in grants and loans so they can retrofit their plants to produce electric vehicles. US Energy Secre... Read More

Second Coming: India's JSW Group in talks with Chinese company for an EV foray

JSW Group, India's $23 billion steel-to-paints conglomerate, has held early talks with China's Leapmotor to license the company's electric vehicle technology, Reuters reports, citi... Read More

Daily Shorts: Tesla range under scanner, Canada clears four wind farms to drive green hydrogen plants

Tesla is under the scanner of US authorities over vehicle range claims, media reports indicate. The Wall Street Journal reported federal prosecutors are looking into the company's ... Read More

India's energy demand to double to 75 exajoules by 2047, boarding hydrogen bus crucial: Dr Lele, Director, NCL

India might have missed several 'busses' such as the solar bus and the semiconductor bus, but the country is all set to board the crucial hydrogen bus along wit... Read More

'India on track for E20 rollout by 2025, will save ₹35,000 crore in import bills'

India is currently dispensing E20 fuel (petrol blended with 20 percent ethanol) at more than 3,300 stations across the country, and the same will be available pan-India by 2025, Un... Read More

ONGC to spend ₹2 lakh crore on clean energy projects

ONGC, India's largest oil company, will invest ₹2 lakh crore (just above $24 billion) on clean energy projects Chairman Arun Kumar Singh told the company's annual general meeting o... Read More

Daily Shorts: Japanese scale up hydrogen play, US auctions wind sites in Gulf of Mexico

Japanese companies are scaling up their hydrogen act. Mitsui & Co, Mitsui Chemicals, IHI Corp and Kansai Electric said they will jointly study a hydrogen and ammonia supply cha... Read More

Daily Shorts: BYD profit triples, Indonesia's Aceh to get green hydrogen plant

Chinese EV powerhouse BYD said first-half profit tripled to $1.50 billion, as record deliveries helped the company retain the title of China's biggest-selling automotive brand. Dat... Read More

Middle East poised for clean revolution, RE capacity to hit 220 GW by 2030

The Middle East is primed for a 'clean revolution' with installed renewable energy capacity in the Middle East-North Africa (MENA) region set to grow from 40 GW in 2022 to 220 GW b... Read More

At 1.3 MTPA capacity, ACME plans India's single largest green ammonia plant at Gopalpur in Odisha

Tata Steel and ACME Group announced the signing of a memorandum of understanding to establish a green hydrogen and green ammonia project at Tata Steel's Gopalpur Industrial Park (G... Read More

Weekend Roundup: India may put EVs in priority lending list, BYD buys Jabil's China mobility operations

India could include EVs under its priority sector lending category to make it cheaper for companies to raise funds, Reuters reported, citing an unidentified government official. Th... Read More

Daily Shorts: Germany eyes geothermal, Malaysia readies EV champion

Germany plans to expand geothermal capacity 10 times by 2030, the country's chancellor said. Germany has some of Europe's biggest geothermal reserves, but has been slow to tap them... Read More

Daily Shorts: BYD plans battery plant in South Korea, Japan considers $14 bn green push

Japan is evaluating $14 billion in additional investments to promote local production of energy storage batteries, semiconductors and equipment used to make hydrogen, according to ... Read More

Daily Shorts: US okays 704 MW offshore wind farm, APA buys $1.1 bn Australian assets

The US has greenlighted a 704 MW wind farm consisting of 65 wind turbines and two offshore sub-stations off the coast of Rhode Island, as part of plans to install 30 GW of offshore... Read More

India defines green hydrogen: less than 2kg emissions for 1kg H2

The Indian government notified the country's green hydrogen standard over the weekend, outlining emission norms that must be met for hydrogen to be classified as 'green', or coming... Read More

Daily Shorts: Denmark to earmark $4B for CCS, Cargill tests wind powered ships

Denmark will earmark around $4 billion in aid to carbon capture storage (CCS) projects, the country's climate ministry announced. The grants will be disbursed over 15 years, but el... Read More

Daily Shorts: China prepares to recycle old wind and solar equipment, Ford plans plant in Canada and more

China announced plans to set up a recycling system for old solar panels and wind turbines to manage equipment slated for retirement in the coming years. Multiple state agencies rel... Read More

India will allow private sector to mine lithium, five other critical minerals

India has amended laws to allow private companies to prospect for six rare and critical minerals, including lithium, which were off limits until now, multiple news outlets reported... Read More

Amara Raja starts E Positive Energy Labs, second pillar of Telangana Giga Corridor

Amara Raja Batteries Ltd held the foundation stone laying ceremony of Amara Raja advanced energy research & innovation centre called 'E Positive Energy Labs' at the GMR Aerocit... Read More

Vegetable oil biofuel blend can reduce ship emissions 20 percent, finds GCMD trial

Net carbon emissions can fall up to 20 percent if ships use a vegetable oil biofuel blend compared with marine gasoil, the results of a trial by the Global Centre for Maritime Deca... Read More

Canada's new rules eye Net Zero power grid by 2035

Canada has released draft clean electricity regulations aimed at creating a Net Zero power grid by 2035, but said the country would allow some use of fossil fuels. The proposals st... Read More

Weekend Roundup: India calls for green funds to emerging markets, Dubai picks Masdar for 1800 MW solar capacity

The chief of India's central bank has said there was an urgent need for increasing green funds to emerging markets. Making closing remarks at a G20 finance event, Reserve Bank of I... Read More

Daily Shorts: Germany boosts green fund, Morocco eyes 400 MW solar project

Morocco has launched a prequalification tender for a 400 MW solar project in the Atlas Mountains. The country's renewable energy agency Masen is seeking bidders to finance, build a... Read More
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