South Korea unveils energy transition plan: 3x increase in wind, solar to 72 GW by 2038

South Korea has announced plans to more than triple renewable energy generation as part of national energy transition plan that will see the country generate majority of its electr... Read More

Europe passes bill to kickstart clean tech manufacturing, to come in force from June

Europe has cleared the Net Zero Industry Act (NZIA), its attempt to counter the US Inflation Reduction Act and China's clean tech dominance, while kickstarting clean energy product... Read More

US alleges Chinese dumping, levies stiff tariffs on EVs, Li-ion batteries

The US announced new levies on $18 billion worth of Chinese imports, largely in the clean energy space, including a 100 percent tax on Chinese electric vehicles imported into the c... Read More

US considering higher tariffs on clean energy goods from China; 100 percent levy on EVs

The US is considering a 100 percent levy on Chinese electric vehicles --- four times as much as the 25 percent tariff levied at present --- news reports quoting unidentified govern... Read More

India approves first commercial BESS: 20 MW/ 40 MWh BESS at Kilokari sub-station, Delhi

India has approved its first commercial standalone Battery Energy Storage System (BESS) project, marking a milestone in the country's progress towards clean and renewable ener... Read More

Fast Forward: Accelerting India's mobility revolution

From extending consumer incentives to launching schemes to attract foreign electric vehicle makers to India, the government has left no stone unturned to make EVs a smart... Read More

EU backs Orlen project to set up hydrogen refueling stations in Poland

Polish energy company Orlen has won EU backing and €62 million in support for its Clean Cities – Hydrogen mobility project in Poland, which comprises a green hydrogen plant and mul... Read More

World Bank working on proposal for $1 bn support to India's BESS, e-mobility sectors

The World Bank and State Bank of India (SBI) are in talks for a $1 billion line of credit to aid the country's energy transition, according to media reports. The funds will support... Read More

From clean energy to clean cooking, Modi outlines vision for rooftop solar + battery installations

The Government of India will announce a package to make the country atmanirbhar in the battery domain, Prime Minister Narendra Modi announced. Speaking at the Bharat Mobility event... Read More

Europe's third big hydrogen project calls for 3.2 GW electrolyzers, 2,700 km T&D network

The European Commission announced its approval for "IPCEI Hy2Infra", a joint a joint effort by seven EU countries to support the continent's hydrogen infrastructure and boost its s... Read More

US offers $750 mn for 52 green hydrogen projects to boost fuel cell, electrolyzer output and cut costs

The US Department of Energy (DoE) has announced $750 million in assistance for 52 clean (also called green) hydrogen projects across 24 mainland states to help reduce cos... Read More

EIB approves €4.3 bn in transition funding, including €805 mn for clean power

The European Investment Bank (EIB) has announced approval for €4.3 billion of new financing to upgrade the region's transport and energy distribution, besides expanding energy stor... Read More

Has India's new EV policy piqued Tesla's interest? Musk is coming to meet Modi

India's new EV manufacturing policy is likely to pay a quick dividend. Elon Musk announced that he would be visiting the country to meet Prime Minister Narendra Modi. "Looking forw... Read More

US offers $475 million for five clean power projects on mining lands

The US Department of Energy (DoE) has announced up to $475 million in funding for five locally-driven clean energy projects in current and former mining lands.The projects are loca... Read More

Odisha launches tender for 500 MW / 2,500 MWh energy storage systems

India's eastern state of Odisha has invited tenders for 500 MW of energy storage capacity with five hours of peak support for a period of five years. That translates into 2,500 MWh... Read More

US eyes second wind auction in Gulf of Mexico, but costs are 30% higher than Europe, says chief of RWE

Offshore wind development costs in the US are 30 percent higher than what they are in Europe, the CEO of Germany's biggest utility revealed, even as the US government considered la... Read More

Western Australia begins construction on 500 MW Collie BESS project

Synergy, the government-owned utility of Australia's Western Australia state, announced it had begun construction of its third grid-scale battery as part of efforts to move away fr... Read More

India unveils new EV policy to make country a global manufacturing hub

India has approved a scheme to promote the country as a manufacturing destination for electric vehicles, a release on the Press Information Bureau, the country's government news se... Read More

US DoE lends Lithum Americas $2.26 bn to get Nevada mine up and running

Mining company Lithium Americas announced it will get up to $2.26 billion in loans from the US Department of Energy (DoE) to build its Thacker Pass lithium project in Nevada, USA. ... Read More

India's coal ministry targets 9 GW renewable capacity of its own by 2030

India's coal ministry is looking to ramp-up deployment of renewable power to reduce its carbon footprint. It is aiming to have 9 GW of renewable capacity by 2030, and a roadmap to ... Read More

India cuts royalties for mining 12 critical minerals, including Vanadium

India's Cabinet has approved new royalty rates for mining of 12 critical and strategic minerals -- Beryllium, Cadmium, Cobalt, Gallium, Indium, Rhenium, Selenium, Tantalum, Telluri... Read More

India to launch second tranche of auction of critical and strategic mineral blocks

India will launch the second tranche of auction of critical and strategic mineral blocks on February 29, the government informed in a press release. Union Minister of Coal, Mines &... Read More

Europe offers $400 mn for Italian green H2 valley that will decarbonize steel

European authorities have decided to offer up to €370 million ($400 million) to Italian companies seeking to set up a 'Green Hydrogen Valley' in the country's southern region of Pu... Read More

US DoE announces $710 mn in loans to EV tech makers

The US Department of Energy announced it has issued preliminary approval for nearly $710 million in loans to companies manufacturing electric vehicle (EV) components. The lion's sh... Read More

India might open nuclear power to private investment, eyes 11,000 MW of new capacity

The Government of India is planning to throw open its nuclear sector to private investment to achieve its target of emissions-free power, Reuters reports, quoting government source... Read More

Solar, BESS will account for 81 percent of US new generation capacity addition in 2024

The US will add a whopping 62.8 GW of new utility-scale power generation capacity in 2024, and a massive 81 percent of that will consist of solar panels and battery storage, the US... Read More

Cleantech funding hits record, but falls short of what net zero pathways require

Brookfield's latest fundraise and the record money pumped into the energy transition sector last year show investors have an appetite for cleantech risk. The world needs more of it... Read More

ACC PLI: MHI convenes pre-bid meeting for remaining 10GWh of ACC manufacturing

The Ministry of Heavy Industries has successfully concluded a pre-bid meeting for the remaining 10GWh of advanced chemistry cells (ACC) manufacturing capacity under the A... Read More

Joby set to soar Dubai skyline; Secures six-year exclusive deal to operate air taxis in Dubai

Joby Aviation Inc. (Joby), a California-based developer of all-electric aircraft for commercial passenger service has signed a definitive agreement with the Dubai Road and Transpor... Read More

JSW to set up EV and battery operations in Odisha

India's steel and energy focused conglomerate JSW Group has selected Odisha for its integrated electric vehicles (EV) and battery manufacturing project that will mark the comp... Read More
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