Slovakia has signed a memorandum of understanding with Chinese electric vehicle battery maker Gotion High-Tech to build an EV battery plant in the European nation, the country's ec...
Swedish bus maker Scania announced it had received a new order consisting of 173 hybrid-electric buses from Canary Islands-based public transportation company Transportes Interurba...
Daily Shorts: US renewable projects run into 3-year transformer wait, VW promises cheap EV, and more
America's power sector is grappling with a transformer shortage. US renewable energy project developers who are setting up grid-scale RE and energy storage systems say critical com...
First Citizens Bank announced it served as the lead agent on a $170 million credit facility extended to esVolta, a company that develops, owns and operates utility-scale battery en...
Thailand has approved a new subsidy package for the country's booming electric vehicle industry, but decreased individual subsidy amount by 33 percent, citing strong momentum in th...
Toyota announced plans to invest $8 billion in the company's electric vehicle battery manufacturing plant in North Carolina, USA, taking total investment in the project to around $...
Spanish oil company Repsol has suspended plans to set up a 100 MW hydrogen project in northern Spain due to tax uncertainty, company executives said. Spain is considering extending...
Well distributed and easy-to-access charging networks will be a vital factor for faster adoption of e-mobility. The networks need to provide fast, reliable and sustainable charging...
Switzerland is converting retired satellite antennas into solar power plants. The project is currently underway in the town of Leuk in the Valais canton of the landlocked country, ...
Toyota today unveiled a Lexus concept car with almost twice the driving range of conventional EVs. The LF-ZC concept car, based on advanced battery technology that Toyota has been ...
Well distributed and easy-to-access charging networks will be a vital factor for faster adoption of e-mobility. The networks need to provide fast, reliable and sustainable charging...
China restricted the export of some graphite products from December, in what is seen as a counter to a US freeze on transfer of semiconductor technology to the Middle Kingdom. Chin...
US lithium miner Albemarle withdrew its proposal to acquire Australia's Liontown Resources for A$6.6 billion, citing "growing complexities" over the deal. Following the announcemen...
India and the US will collaborate to deploy 10,000 made-in-India electric buses across Indian cities as part of their co-operation agreements. Under the agreement, US government ag...
Norway's sovereign wealth fund is doubling a planned purchase of renewable energy assets from Iberdrola to 1 GW, according to Spanish newspaper Cinco Dias. In May, the fund had sai...
Battery startup Lyten, Inc, announced it had raised $200 million in funding aimed at helping it scale up manufacturing and commercialize its first three product lines: Lithium-Sulf...
Spanish energy company Repsol acquired US renewable energy developer ConnectGen for $768 million, as part of the oil company's plan to pivot from fossil fuels to renewables. The an...
Asset fund manager Bridgepoint announced an agreement to buy energy investor Energy Capital Partners for $1.05 billion, and said the deal would be accretive to profit from day of c...
The UK government has eased approvals for onshore wind projects in England supported by the local population. The proposals also aim to incentivise locals by offering them cheaper ...
Stellantis-owned marque Opel plans to offer an EV for about €25,000 from around 2026, the company's CEO Florian Huettl said. That's less than half the current average price for an ...
The EU could push for a global deal to phase out fossil fuels at COP28, a review of the bloc's draft negotiating position shows. Almost 200 countries are expected to attend the cli...
Japanese companies are scaling up their hydrogen act. Mitsui & Co, Mitsui Chemicals, IHI Corp and Kansai Electric said they will jointly study a hydrogen and ammonia supply cha...
Germany plans to expand geothermal capacity 10 times by 2030, the country's chancellor said. Germany has some of Europe's biggest geothermal reserves, but has been slow to tap them...
Japan is evaluating $14 billion in additional investments to promote local production of energy storage batteries, semiconductors and equipment used to make hydrogen, according to ...
The US has greenlighted a 704 MW wind farm consisting of 65 wind turbines and two offshore sub-stations off the coast of Rhode Island, as part of plans to install 30 GW of offshore...
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...
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...
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...