Tesla settles one lawsuit, kickstarts another

Tesla resolved a dispute over director pay on Monday, according to court filings made in the US state of Delaware. The company's directors said they will return $735 million to clo... Read More

Daily Shorts: US offers India cheap capital for clean energy, European solar output jumps on heatwave, and more

India and the US agreed to work together on climate goals and energy transition. US Treasury Secretary Janet Yellen met India's Finance Minister Nirmala Sitharaman and announced pl... Read More

First IIT Delhi campus to come up in Abu Dhabi; to offer programs on energy, sustainability

India's Ministry of Education signed a Memorandum of Understanding (MoU) with Abu Dhabi Department of Education and Knowledge (ADEK), and the Indian Institute of Technology Delhi (... Read More

Panasonic in talks to set up battery manufacturing plant in India

Japanese electronics major, Panasonic is in talks with senior government officials in India to set up a battery manufacturing plant under the PLI scheme for Advanced Chemistry Cell... Read More

Completion of critical mineral projects will ensure enough supply to meet global climate pledges: IEA

The global market for critical minerals such as lithium, cobalt, nickel and copper has doubled in the last five years, but the world will have enough supply to meet national climat... Read More

Weekend roundup: Tesla unveils Cybertruck, US launches $20 bn in cleantech grants, and more

Tesla built its first Cybertruck, an EV pickup model it showcased four years ago (where an engineer cracked its so-called 'armor' glass). The vehicle gives Tesla entry into one of ... Read More

Ohmium to use Aquastill's technology for green hydrogen production from seawater

PEM (Proton Exchange Membrane) electrolyzer manufacturer, Ohmium International announced it has entered a strategic collaboration with the Netherlands based Aquastill BV,... Read More

Aramco partners with Aker Carbon Capture to deploy CCUS modular solutions in Saudi Arabia

Norway-based Aker Carbon Capture and Aramco, one of the world's leading integrated energy companies, have signed a deal to explore partnership opportunities to deploy car... Read More

FREYR's Giga Arctic project gets fresh infusion of €100 million

Battery manufacturing company, FREYR Battery (FREYR) on Thursday announced it has been awarded a €100 million grant from the European Union ("EU") to support development of FR... Read More

ExxonMobil buys carbon capture company Denbury Inc for $4.9 bn

Oil giant ExxonMobil has agreed to buy carbon capture company Denbury Inc for $4.9 billion in a bid to accelerate its energy transition business, the company said in a release. "Ac... Read More

Nissan to put $725 million into Ampere EV as part of plans to rebalance alliance with Renault

Nissan Motor will invest around $725 million in Ampere, the new electric vehicle unit of French automaker Renault, as part of the group's plans to overhaul their alliance, Japanese... Read More

European Council gives nod to law regulating batteries and waste batteries

The European Council earlier this week adopted a new regulation aimed at promoting circular economy and strengthening sustainability rules for batteries and waste batteri... Read More

DTE Energy to spend $11 bn in clean pivot, eyes 15,000 MW RE and 1,800 MW storage by 2042

DTE Energy, based in Detroit, Michigan, said it would retire its coal plants in less than a decade and invest up to $11 billion over the next 10 years transitioning to clean e... Read More

Another US EV company in trouble: Faraday Future to restate accounts

Faraday Future Intelligent Electric, a US electric vehicle developer, appointed a new financial chief and said it would restate financial statements for 2022 and the quarter ended ... Read More

Closing the Loop: EVE Energy teams up with Li-Cycle for tackling battery waste

Leading lithium-ion battery cell manufacturer, EVE Energy Co. Ltd. (EVE or EVE Energy) has partnered with Li-Cycle Holdings Corp. (Li-Cycle) to tackle lithium-ion battery waste and... Read More

Rio Tinto, Sumitomo building A$111 million hydrogen demonstrator for alumina refining

Mining behemoth Rio Tinto and Japan's Sumitomo Corporation have announced a A$111 million demonstration project to lower carbon emissions from alumina refining. The companies will ... Read More

Serentica Renewables signs major energy storage deal with Greenko

Renewable energy developer focused on commercial & industrial (C&I) customers, Serentica Renewables (Serentica) on Monday (July 10) announced it has signed s... Read More

World Bank names 15 global CEO to funnel investment into renewables

The World Bank named 15 global chief executive officers — including Tata Sons' N Chandrasekaran — to a special group dubbed the "Private Sector Investment Lab" to funnel more priva... Read More

CATL’s chief scientist, Wu Kai awarded European Inventor Award 2023

Wu Kai, the chief scientist at Contemporary Amperex Technology Ltd (CATL) and his team have been awarded the European Inventor Award 2023 for the "Non-EPO count... Read More

Renault Chairman warns of 'Chinese storm' in EVs

Europe's electric vehicle sector faces a "Chinese storm", Jean-Dominique Senard, Chairman of French automaker Renault, said in an interview, referring to the Middle Kingdom's domin... Read More

'This is the time for women outreach in the renewable energy sector'

Gauri Singh, Deputy Director General of IRENA, the International Renewable Energy Agency, is a career bureaucrat with over 30 years experience in policy formulation, implementation... Read More

Xcel Energy to build multi-day battery storage project using Form Energy's iron-air batteries

Minnesota-based electric utility, Xcel Energy on Thursday (July 6) announced that it has received approval from the state regulators to build a multi-day battery storage system to ... Read More

SMEV India suspends constitution, seeks revamp under new head

The Society of Manufacturers of Electric Vehicles (SMEV), a lobby of Indian electric-vehicle makers, announced it has suspended its constitution and gone into voluntary hibernation... Read More

AMERESCO secures contract for four BESS projects totaling 379MWh in Calif.

Renewable energy asset developer and clean-tech integrator, Ameresco on Thursday announced that it has secured contract to design and build four co-located battery energy storage s... Read More

Aker signs power deal for green ammonia plant in Norway

Green energy developer Aker Horizons has signed a 10-year power purchase agreement with Statkraft, Europe's largest generator of renewable energy, for its large-scale green ammonia... Read More

Canada's sweeteners out: C$15 bn for Stellantis-LG Energy battery plant

A day after Stellantis-LG Energy Solution announced they would resume construction of their battery plant in Canada, the increased incentives awarded for the project became known. ... Read More

China’s Hithium Energy Storage secures US $622 million in funding

Leading manufacturer of energy storage products, Hithium Energy Storage Technologies Co. (Hithium) has closed Series C funding round of over RMB 4.5 billion ($622 million) to advan... Read More

Magenta Mobility launches Plent, a new EV charger catering to multiple electric vehicles

Electric mobility solution provider, Magenta Mobility on Tuesday (July 4) launched an in-house designed EV charger, Plent. The Plent, with 12 charging outputs of 3.3kW each caterin... Read More

Govt. keen to partner with the industry for developing green hydrogen ecosystem: R K Singh

The government will partner with the industry for developing technology for fuel cells, hydrogen storage and other technologies needed for developing a green hydrogen ecosystem in ... Read More

Stellantis, LG Energy resume Canada battery plant after receiving sweeteners

A Stellantis-LG Energy Solution combine that is setting up a battery plant in Canada announced it would resume construction after the country increased subsidies for the project. T... Read More