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

Weekend Roundup: Capital Energy puts 4.3 GW RE assets on the block, Sigma Lithium scouts for buyers, and more

Spanish renewable energy investor Capital Energy has put 4.3 gigawatts (GW) of wind and solar power plants for sale. The assets, all based in Spain, are estimated to fetch up to $1... 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

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: Vietnam EV maker heads to US, gas companies push for investments and more

Vietnamese automaker VinFast announced it will next week begin constructing a $4 billion electric vehicle factory in the US state of North Carolina, also home to Toyota's battery f... 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

Weekend Roundup: Itochu launches $2 billion RE fund, Mercedes says China central to coming EV campaign

Japan's Itochu Corp announced the company will invest around $2 billion in renewable power assets in Canada and the US through Overland Capital Partners, a fund set up in partnersh... 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: 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

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

Foxconn scouts for semiconductor partner after exiting Vedanta JV

Foxconn plans to apply for subsidies under India's semiconductor manufacturing subsidy scheme, the company announced, after exiting a $19.5 billion joint venture with Vedanta. The ... 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

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

Indian PSU scouts lithium blocks in Latin America, in advanced talks with Argentina: report

The Government of India is in advanced talks with Argentina to acquire "multiple lithium blocks" in the country, as part of its strategy to secure critical minerals, according to a... Read More

Italy increases RE targets, says 65 percent of power from clean sources by 2030

Italy has increased renewable energy targets for the decade, adding to the targets the country made public three years ago, although the statement issued did not explain how the hi... Read More

World Bank approves ₹12,300 crore for India's low-carbon energy sector

The World Bank announced it had approved just above ₹12,300 crore to accelerate the development of low-carbon energy technology in India. In a statement, the bank said its funding ... Read More

IRENA urges world to look beyond sun and wind to biofuels, hydropower and geothermal energy

The world's energy transition is currently "off-track", the International Renewable Energy Agency (IRENA) warned in its 2023 outlook, even as it sought to funnel renewable energy i... Read More

India unveils new, solar-centered electricity tariff from April 2024, says carbon market rules soon

India plans to rework electricity rates as part of the government's efforts to increase the use of renewable energy, the power ministry said, unveiling new amendments to electricit... Read More

America extends biofuel blends in fuel, but leaves ethanol makers disgruntled

America has increased the amount of biofuels that oil companies must blend into fuels over the next three years, as part of the country's renewable fuel standard (RFS) program. The... Read More

Coal plays spoiler in EU clean power deal

Chart Europe's plans for a clean energy pact appeared to stall on Monday after a late proposal to allow governments to extend subsidies to coal-fired power plants. Energy ministers... Read More

US govt proposes 80 percent cut in solar, wind project fees on federal land

The US government is proposing to make wind and solar installations cheaper as part of its plans to boost renewable energy and fight climate change. The Biden administration has pr... Read More

Macron to meet Musk again as France pushes for Tesla gigafactory

France's President Emmanuel Macron is meeting Tesla CEO Elon Musk for the second time in a month on Friday, as he looks to promote the country for Tesla investments. "I'm going int... Read More

Chile, EU to co-operate on lithium projects

Chile and the European Union have agreed to develop value-added lithium projects in the South American nation, and the parties will sign a memorandum of understanding soon, Europea... Read More

Global solar and wind capacity needs 5x jump to 10 TW by 2030, says Climate Analytics

Global solar and wind capacity needs to touch 10 terawatts (TW) by 2030 from 2 TW now if the world is to avoid a climate cliff, according to Climate Analytics. The report by the cl... Read More

Is Tesla's charging port set to be new standard?

Tesla's charging connector for electric vehicles – dubbed North American Charging Standard (NACS) – is set to be the new industry standard, it looks. On Monday in USA, three EV cha... Read More

World Bank president says private funds should aid energy transition

The World Bank's newly-appointed president Ajay Banga has lauded improvements in the renewable fuels space, and said private investment could help countries transition to clea... Read More

US Act makes RE components cheaper than imports, adds 4 mn jobs: Study

Made-in-USA wind- and solar-power components could soon prove cheaper than imports, helping add 4 million new jobs in the country's renewables sector, according to a report by rese... Read More
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