NEOM Green Hydrogen Co. completes $8.4 billion deal for a green hydrogen plant

Saudi Arabia's NEOM Green Hydrogen Co. (NGHC) earlier this week announced that it has achieved financial closure on an $8.4 billion green hydrogen production facility after si... Read More

FAME-II: Taking stock after the EV subsidy-cut knock

Following up on the subsidy reduction announcement by the government of India, the India Electric Mobility Council (IEMC) looks back at the substantial progress of the Faster ... Read More

Microvast loses $200 million US grant over China concerns

The US Department of Energy has withdrawn a $200 million grant to US battery maker Microvast, citing concerns over the company's connections with China. The grant was aimed at help... Read More

NTPC partners with HPCL Mittal Energy for renewable energy and green hydrogen projects

NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of India's public sector power utility NTPC and HPCL Mittal Energy Limited (HMEL) have signed a Memorandum of ... Read More

UK Infrastructure Bank commits £62.5 million to boost battery storage capacity across the UK

The UK Infrastructure Bank on Tuesday announced that it has committed £62.5 million to support the development of battery storage capacity in the UK.  With the Bank's first de... Read More

New York grid records highest output from solar power

The grid operator of New York state said on Tuesday that the grid recorded its highest output from solar energy last week. New York Independent System Operator (NYISO) announced th... Read More

JPMorgan Chase announces $200 million in CDR deals

JPMorgan Chase on Tuesday announced it will spend $200 million to help scale the growth and development of carbon dioxide removal (CDR) technologies. The US banking behemoth aims t... Read More

FAME-II subsidy for E2Ws slashed; prices to go up, push for OEMs to innovate

The Union Ministry of Heavy Industries (MHI) has reduced the incentives for electric two-wheelers (E2Ws) under Faster Adoption and Manufacturing of Electric Vehicles (FAME)-II sche... Read More

Northvolt completes construction of Europe's largest factory for energy storage solutions

Swedish battery manufacturer, Northvolt has completed the construction of Northvolt Dwa in Gdańsk, Poland -- Europe's largest factory for energy storage solutio... Read More

SK ecoplant invests in green hydrogen project in Canada: Project Nujio'qonik

SK ecoplant, the energy and environment arm of South Korea's second-largest conglomerate, SK Group, has signed an investment agreement with World Energy GH2 to harness wind energy ... Read More

Renewable energy startup Accelergen Energy secures $30 million in financing

Greenfield renewable energy startup, Accelergen Energy, LLC ("Accelergen") on Wednesday announced the closure of $30 million in growth capital from Leyline Renewable Capital. Accel... Read More

Glencore and Li-Cycle to develop Europe’s largest battery recycling hub

Leading lithium-ion battery recycler, Li-Cycle Holdings Corp. (Li-Cycle) and Swiss mining and commodity trading behemoth, Glencore International AG (a wholly owned s... Read More

TotalEnergies launches 25MW/75MWh battery farm in Belgium

French energy major, TotalEnergies on Monday launched a battery farm at its Antwerp refinery in Belgium. The 25 MW/75 MWh capacity energy storage project is the largest batter... Read More

IRENA launches report on low-cost energy transition finance at G20

In partnership with the Indian G20 Presidency, The International Renewable Energy Agency (IRENA) has launched a comprehensive report on how low-cost finance can accelerat... Read More

Europe bags €10 billion in giga factory investments

Europe has bagged around 10 billion euros in investment for two giga factories that will supply batteries to car manufacturers from 2026. The deals come after the bloc loosened rul... Read More

IRENA launches 'NewGen' initiative to promote youth-led RE start-ups, projects

At the recently held Youth Energy Forum at World Utilities Congress 2023, Abu Dhabi last week, the International Renewable Energy Agency (IRENA) launched a new initi... Read More

‘Women Energize Women’: Recharging gender parity

The 'Women Energize Women' conference held under the umbrella event: The smarter E 2022, successfully concluded its very first run, on May 12, 2022, in Munich. The event was organi... Read More

ADNOC launches Decarbonization Technology Challenge; winners to get up to $1 million to pilot technology

The Abu Dhabi National Oil Company (ADNOC) on Thursday announced $1 million (AED3,670,000) Decarbonisation Technology Challenge in collaboration with Amazon Web Services (AWB), bp,... Read More

Allkem, Livent merge to create world's third largest lithium miner

US-based Livent and Australia-based Allkem are combining in a $10.6 billion all-stock deal that will create the world's third-largest producer of lithium, a metal pivotal to making... Read More

China risks idle factories unless it shifts to EVs faster

Automakers in China risk sitting with idle factories unless they speed up transition to new energy vehicles such as fully electric vehicles and plug-in hybrids, Reuters reports, ci... Read More

Microsoft deal puts fusion power in spotlight

Is this the watershed moment for nuclear fusion? Or have two companies jumped the gun? Microsoft has signed a deal for electricity generated from nuclear fusion, in the first such ... Read More

World Utilities Congress puts sustainable power, water supplies in spotlight

On the second day of the World Utilities Congress 2023 being held at Abu Dhabi, UAE, global leaders addressed on solutions to ensure sustainable, reliable, and affordable power and... Read More

IRENA, thyssenkrupp partner to boost production, supply chains of Green H2

The International Renewable Energy Agency (IRENA) has recently signed a partnership agreement with thyssenkrupp for advancing the green transformation in pursuit of globa... Read More

Amara Raja begins construction of Telangana’s first giga factory

Industrial and automotive battery major, Amara Raja Batteries Ltd. (ARBL) on Saturday held the ground-breaking ceremony of one of India's largest and Telangana's first giga factory... Read More

Will e-bikes cannibalize their ICE makers?

As TVS, Hero and Bajaj prepare to do battle in the electric domain, they risk reducing their own profits because the margin on sales of e-bikes is lower than the margin on sales of... Read More

IESW 2023: Green hydrogen - Fuelling the net-zero carbon future

In order to limit global warming to 1.5°C,  global carbon emissions should reach net zero around mid-century. What this means is that with renewable energy and energy sto... Read More

IESW 2023: Vikramadithya Gourineni, ED - Amara Raja Batteries | Interview

At the on-going IESW 2023, Vikramadithya Gourineni, Executive Director - Amara Raja Batteries, spoke to Dhiyanesh Ravichandran of ETN on his experiences at the latest edi... Read More

IESW 2023: Global Energy Storage Outlook and Key Takeaways

To understand where India is in terms of its energy storage market adoption and deployment, a snapshot of global megatrends and emerging outlook of top international markets will h... Read More

IESW 2023: Deepening the handshake between ESS and C&I users

The post lunch session on Day 2 of IESW 2023 sought perspectives from the government and private players on energy storage for commercial and industrial sectors. Moderated by Harsh... Read More

IESW 2023: Another Renewables wave coming, Storage industry primed for take-off!

The first session on Day 2 of the India Energy Storage Week – IESW 2023 – launched on a positive note with panelists in agreement not just over the importance and criticality of en... Read More