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

MHI appoints Engineers India Limited to monitor progress of ACC-PLI scheme beneficiaries

The Ministry of Heavy Industries (MHI), Government of India on Thursday (August 24) announced that it has appointed Engineers India Limited (EIL) as Independent Engineer ... 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

Bengaluru-based Nsure to foray into lithium-ion cell manufacturing; 1GWh plant set to come up in Karnataka

Bengaluru-based Nsure Reliable Power Solutions (Nsure) on Wednesday announced it will soon be entering into lithium-ion cell manufacturing in India with an initial production ... 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

GM invests in AI-enabled battery material innovator Mitra Chem

AI-enabled battery materials innovator, Mitra Future Technologies (Mitra Chem) has completed a $40 million first close of $60 million Series B funding round led by General Motors (... Read More

JLR’s used EV batteries to power one of the largest energy storage systems in the UK

With its ambition to adopt circular economy principles, Jaguar Land Rover (JLR) has announced it will use second-life Jaguar I-PACE batteries to develop one of the largest ene... 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

EarthEn secures U.S. DOE support for its supercritical CO2-based energy storage technology

US-based energy storage startup, EarthEn recently announced that it has secured first-of-its-kind funding by the Office of Electricity, U.S. Department of Energy (DOE) along with t... Read More

Stellantis bolsters electric future with $100M investment in CTR

Leading multinational automaker Stellantis N.V. has announced an investment of more than $100 million in battery-grade lithium producer, Controlled Thermal Resources Holdings (CTR)... Read More

In a first, NTPC begins trial run of hydrogen buses in Leh

With the aim of achieving a carbon neutral Ladakh, India's state-run power giant, NTPC on Friday (August 18) announced it has started trial run of hydrogen buses in Leh. As pa... Read More

Long duration energy storage: NYSERDA awards nearly $15 million to four demonstration projects

The Governor of New York, Kathy Hochul on Thursday (August 17) announced nearly $15 million awards to four demonstration projects for advancing long duration energy storage (LDES) ... 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

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

Acer expands into energy storage biz; picks up 11% stake in C-Life Technologies

Multinational hardware and electronics company, Acer Inc on Thursday (August 3) announced that its Board of Directors have given approval for the investment in C-Lif... Read More

Temasek invests INR 1200 crore in Mahindra’s EV subsidiary; raises stake

Global investment firm head-quartered in Singapore, Temasek has signed an agreement to invest INR 1,200 crore in Mahindra's electric vehicle subsidiary Mahindra Electric Automobile... 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

IBC to set up recyclable lithium-ion battery manufacturing unit in Karnataka

US-based International Battery Company (IBC) has signed an investment pact with the Government of Karnataka to build a recyclable lithium-ion battery manufacturing f... Read More
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