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

Ambri's liquid metal battery steps closer to commercial deployment

US-based long duration energy storage provider, Ambri signed its first agreement with utility-provider Xcel Energy – taking a step closer to the commercial deployment of ... Read More

Energy Dome secures €55 million in Series B financing round

Energy Dome, the manufacturer of novel CO2 Battery for long-duration energy storage system concluded its second tranche of Series B funding last week, bringing the total investment... Read More

Stellantis, Samsung SDI seal the deal for a second gigafactory in the U.S.

Stellantis N.V. and Samsung SDI today announced that they have signed a memorandum of understanding to construct second battery manufacturing facility in the United ... 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

Green Finance: ACME Group gets Rs. 4000 Cr. for its green hydrogen project in Oman

Diversified renewable energy company, ACME Group announced it has secured a loan of Rs 4,000 crore ($40 billion) from Rural Electrification Corporation (REC) Limited, one of I... Read More

If you are not investing in India’s energy sector, you are losing out: R K Singh

India's energy sector is booming and if you are not investing in it, you are losing out, said R K Singh, the Union Minister of Power, and New and Renewable Energy speaking at the&n... 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

Mission Innovation members increased their investments by $0.75 billion in clean energy innovations: IEA

Mission Innovation members (23 countries and the European Commission) have increased their investments in priority areas of clean energy innovation by $0.75 billion or 7% in the fi... 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

Queensland’s grid-scale battery ‘Big Bessie’ goes live

Genex Power's (Genex) Bouldercombe Battery Project has come online outside Rockhampton in Queensland, Australia. With a capacity of 50MW and 100MWh of storage, the Boulde... 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

Air Products, Edmonton Int'l Airport to bring Alberta’s first hydrogen FCEV passenger fleet

One of the world's leading hydrogen producer, Air Products has been selected as the hydrogen and technology provider for hydrogen fuel cell passenger vehicle fleet to be operated b... 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

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
arrow_upward