Northvolt has announced that it has raised $1.2 billion in convertible notes to finance plans for its further European and North American expansion. The latest developmen...
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...
Embarking on a new wave of electrolyzer scale-up, ITM Power has unveiled its latest 20 MW core electrolysis process module called 'Poseidon' with an optimized footpr...
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...
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...
German flow-battery firm VoltStorage has received significant support from the European Investment Bank (EIB) with a venture debt loan of €30 million. The loan is secured...
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...
Daily Shorts: Thyssenkrupp moves to decarbonize its steel, Iberdrola sells wind farm stake to Masdar
German industrial major Thyssenkrupp will invest around €3 billion to set up a green steel plant in Duisburg, the German government announced. Over €2 billion of that includes gove...
The Volkswagen Group brand SEAT recently announced its decision to invest € 300 million towards a battery assembly plant in Martorell, Barcelona in Catalonia st...
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...
Zero-emission aviation firm ZeroAvia recently announced the completion of its initial prototype ZA600 flight testing campaign at Cotswold Airport in the United Kingdom. A...
Italian automation firm Comau is joining the GIGABAT, a collaborative e-mobility project aimed at strengthening the EU production chain for large-scale cell manufacturing...
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...
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...
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...
The Volkswagen Group and its Elli brand has became the first automotive company to start trading on the German electricity market of Europe's largest power exchange, EPEX Spot...
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...
Infineon Technologies AG and Semikron Danfoss have recently signed a multi-year volume agreement for the supply of silicon-based electromobility chips. Infineon will be s...
The Volkswagen Group has revealed that it has increased its deliveries of all-electric vehicles (BEVs) by 48 percent year-on-year to 321,600 vehicles in the first half of 2023. Of ...
German automotive technology firm Bosch is marking its entry into the age of hydrogen mobility with the commencement of volume production of its fuel-cell power modules. Nikol...
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...
The European Council earlier this week adopted a new regulation aimed at promoting circular economy and strengthening sustainability rules for batteries and waste batteri...
Auto components firm MAHLE has recently received a series order from engine manufacturer DEUTZ for the development and supply of components for hydrogen engines. The powe...
Europe's electric vehicle sector faces a "Chinese storm", Jean-Dominique Senard, Chairman of French automaker Renault, said in an interview, referring to the Middle Kingdom's domin...
Green energy developer Aker Horizons has signed a 10-year power purchase agreement with Statkraft, Europe's largest generator of renewable energy, for its large-scale green ammonia...
BASF, a global supplier of advanced cathode active materials (CAM), has recently opened what it calls as Europe's first co-located center of battery material production and battery...
Lamborghini buyers can no longer buyer the conventional, internal combustion models, because those are completely sold out, the company's CEO told the German newspaper Die Welt. "O...
Automotive group Stellantis N.V. and European battery minerals firm Kuniko Ltd have recently announced the signing of a binding offtake term sheet agreement securing...
Retail giant Amazon has started adding its custom-built electric vehicles to its European delivery fleet, the company announced on Tuesday. In a statement, Amazon said it would add...
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...