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

Insights into green hydrogen developments in India

Dr. Ranjith Pai, Clean Hydrogen Mission Program Officer & Scientist, Dept. of Science & Technology, Ministry of Science and Technology, Govt. of India, shares insights... 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

ACC-PLI: MHI holds stakeholder consultation for balance 20GWh capacity

The Ministry of Heavy Industries, Government of India on Monday concluded a stakeholder consultation regarding re-bidding of balance 20GWh (of 50GWh) Advanced Chemistry Cell (ACC) ... 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

CEM-14/MI-8 meetings affirm India's quintessential leadership in global energy transition

The Ministerial meeting of the 14th Clean Energy Ministerial and 8th Mission Innovation gathering held in Goa yesterday saw the active participation of representatives fr... 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

UAE's National Electric Vehicles Policy targets 50pc EVs on road by 2050

The United Arab Emirates (UAE) government has recently revised its National Electric Vehicles Policy to fast-track the nation's adoption of electric mobility and establis... 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

NITI Aayog discourses on policy enablers for e-mobility at G20 ETWG

On the side-lines of the 4th Energy Transition Working Group (ETWG) meeting under India's G20 Presidency, the country apex policy think-tank NITI Aayog has organized a one-day conf... 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

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

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

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

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

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

UAE national hydrogen strategy aims 15 million tonnes of green H2 by 2050

The United Arab Emirates (UAE) government has recently declared its national hydrogen strategy as part of its larger efforts to triple the country's renewable energy capacity by 20... Read More

"Green H2 to play crucial role in sustainable growth, decarbonization": PM Modi

In his written message to the International Conference on Green Hydrogen (ICGH 2023) that has just commenced in New Delhi, Prime Minister Narendra Modi has called for int... 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
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