IESA, Telangana sign pact to boost state's energy storage sector

The India Energy Storage Alliance (IESA) and the Government of Telangana have signed a Memorandum of Understanding (MoU) to establish a strategic partnership aimed at promotin... Read More

Daily Shorts: Maxeon Solar heads to US, Algonquin puts renewables biz on the block

Canadian power company Algonquin Power & Utilities announced it will put its renewables energy unit on the block and transition into a utility company. The company has wind and... Read More

Daily Shorts: China’s Li Auto to launch battery EV, Rivian declares it is financially fit

Rivian Automotive raised full-year production estimates to 52,000 vehicles and proclaimed it was financially stable, bringing some cheer to the troubled US EV sector. Rivian, backe... Read More

Daily Shorts: Proterra files Chapter 11, Baosteel to study 10 million metric ton carbon capture project

Electric-vehicle parts company Proterra, which makes e-buses and battery packs, has filed for Chapter 11 bankruptcy protection. CEO Gareth Joyce said in a statement that the compan... Read More

Weekend Roundup: World Bank to fund 1,000 mini grids in Nigeria, Alberta pauses green approvals

The World Bank will help fund 1,000 solar-based mini grids in Nigeria along with the country's government and private sector, President Ajay Banga said. The bank has funded 150 suc... Read More

Daily Shorts: Mexican governor eyes EV investment from Tatas, lithium miner tests new extraction process

Samuel Garcia, governor of the northern Mexican state of Nuevo Leon, is meeting executives in India as part of his plans to attract EV investments in the state, Reuters reports. Te... Read More

Hyundai, Kia deploy SCEMS to monitor supplier emissions

Hyundai Motor Company and Kia Corporation have introduced an AI-enabled Supplier CO2 Emission Monitoring System (SCEMS) to manage the carbon emissions of business partners, the HBA... Read More

Daily Shorts: Subaru ups EV sales target, VW eyes Leapmotor platform and more

Japan's Subaru announced it will target sales of 600,000 electric vehicles a year by 2030, or half the company's annual sales. The company also announced plans to invest $10.5 bill... Read More

Is Exxon eyeing lithium? Reports of oil company in talks with Tesla, VW and Ford to supply the metal

Is ExxonMobil getting into lithium? Bloomberg reports that the oil major is in talks with electric-vehicle maker Tesla and conventional carmakers such as Volkswagen, Ford and other... Read More

Daily Shorts: Swiss town gets 100% RE capacity, Germany’s getting an 800 MW hydrogen power plant and more

Switzerland has installed six wind turbines in the town of Sainte-Croix along its French border, giving it enough capacity to meet the town's energy needs through renewable sources... Read More

US proposes increasing mileage norms for ICE vehicles

The US has proposed increasing fuel economy norms for automakers as part of the government's efforts to reduce fuel use and cut greenhouse gas emissions. The proposal, announced by... Read More

Daily Shorts: Ford pivots to hybrids, First Solar announces $1.1 bn factory in US and more

Ford is pivoting to hybrids. CEO Jim Farley outlined a strategy under which the company will slow down its shift to electric vehicles and focus more on selling hybrids which run on... Read More

EV batteries that charge as quickly as cellphones?

Toyota has announced the next big thing in EV batteries. Or has it? This month, the Japanese automaker said it had found a cost-effective method to produce solid-state EV batteries... Read More

China bulks up on energy storage, BESS capacity up 37% in first five months of 2023

China has reworked power transmission arrangements and ramped up energy storage capacity as it seeks to protect its national grid from a repeat of the outages that hit the nation l... Read More

Daily Shorts: Thyssenkrupp moves to decarbonize its steel, Iberdrola sells wind farm stake to Masdar

German industrial major Thyssenkrupp will invest around €3 billion to set up a green steel plant in Duisburg, the German government announced. Over €2 billion of that includes gove... Read More

Malaysia's reNIKOLA eyes $440 million spend to expand RE footprint across Southeast Asia

Malaysia's reNIKOLA Holdings is seeking to raise up to $440 million over the next three years to expand its renewable energy footprint across Southeast Asia, the company's managing... Read More

Daily Shorts: US may tighten emissions for new gas plants, Nissan will pour $660 mn into Ampere EV

The US Environmental Protection Agency is considering new rules to cut nitrogen oxide emissions from new gas power plants, court documents showed. Under a planned settlement, the a... Read More

Canada becomes first G20 nation to detail wind-up of fossil fuel subsidies

Canada has released an assessment framework for eliminating fossil fuel subsidies, becoming the first member of the G20 to deliver on the grouping's 2009 announcement to undertake ... Read More

Daily Shorts: Indonesia rolls out red carpet for EV makers, Brazil's Eletrobras to buy 15 RE companies

Indonesia is in talks with Tesla and BYD and preparing a fresh set of incentives to attract the EV manufacturers, a government minister said. The incentives will be benchmarked aga... Read More

Octopus Energy outlines $20 bn spend for 12 GW offshore wind capacity by 2030

Octopus Energy Generation, the power generation arm of UK-based Octopus Energy Group, said it plans to invest $20 billion in offshore wind assets by 2030. The company, which manage... Read More

BYD's billion $ India plant: on or not?

What's the status of BYD's reported $1 billion plant in India? The latest news report says it's been scotched due to security concerns, but that might not be the end of it. Last we... Read More

Building a Robust Indian Grid: The Vital Role of PV Inverter FRT Capability

India is on a mission to combat climate change and achieve Sustainable Development Goals by leveraging renewable energy sources for meeting its national energy needs. As per the Na... Read More

Daily Shorts: Vattenfall abandons UK offshore wind project, Air Canada eyes greener fuels and more

Sweden's Vattenfall said it would cease development of a 1.4 gigawatt GW wind farm off the coast of Britain, taking a hit of $537 million on earnings. The Norfolk Boreas offshore w... Read More

Asia bulks up on gas to strengthen energy security

Asian governments have become wary of a rise in gas prices and are building infrastructure to increase buffer stocks, a review by Reuters shows. The move follows last year's price ... Read More

Daily Shorts: China's Farizon raises $600 million, Musk says Tesla could deploy robots next year and more

Farizon, an electric and hybrid truck manufacturer owned by China's Geely, announced it had raised $600 million from investors led by Boyu Capital and Yuexiu Industrial Fund. The c... Read More

Tatas pick UK for £4 billion gigafactory that will supply JLR's future models

Tata Group announced it will set up a battery manufacturing plant in Britain to support the company's electric vehicles. The investment is being made through Jaguar-Land Rover and ... Read More

Tesla seeks permission to double its gigafactory near Berlin

Tesla has approached authorities in Germany to double its gigafactory near Berlin as the company seeks to build the largest car factory in Europe. The company is eying 1 million ca... Read More

RE will exceed 33 percent of global power next year, India's consumption growth to slow

India's energy consumption will grow at a slower rate over the coming years, estimates from the International Energy Agency suggest. Demand growth is expected to result from an inc... Read More

Japanese PM wraps up Gulf tour with upgrade to Qatar ties

Japan's prime minister wrapped up a tour of the Middle East by agreeing to strengthen economic and energy co-operation with Qatar, the world's largest exporter of liquefied natural... Read More

UK launches competition for small, modular nuclear reactors

Britain has launched a competition to develop small modular nuclear reactors, or SMRs, even as it set up an authority to expand nuclear projects across the country. Interested comp... Read More
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