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...

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Lhyfe breaks ground for the largest green hydrogen production plant in Germany

Leading European green hydrogen producer and supplier, Lhyfe, has started the construction work for building the largest commercial green hydrogen pro...

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Daily Shorts: Albemarle scraps Liontown purchase, E.ON risks falling behind RE transition, and more

Image: Pexels

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...

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Daily Shorts: UAE's first commercial wind farm, Japan will subsidize hydrogen aeroplanes, and more

Image: Pexels

The UAE launched its first commercial-scale wind power project, a 104 MW installation at four sites run by the emirates' green power company Masdar. Electricity from the wind farm ...

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Daily Shorts: BYD profit triples, Indonesia's Aceh to get green hydrogen plant

Chinese EV powerhouse BYD said first-half profit tripled to $1.50 billion, as record deliveries helped the company retain the title of China's biggest-selling automotive brand. Dat...

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Daily Shorts: Germany eyes geothermal, Malaysia readies EV champion

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...

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Daily Shorts: BYD plans battery plant in South Korea, Japan considers $14 bn green push

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 ...

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Daily Shorts: Germany boosts green fund, Morocco eyes 400 MW solar project

Image: Pexels

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...

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Daily Shorts: Maxeon Solar heads to US, Algonquin puts renewables biz on the block

Algonquin has 2.7 GW of wind and solar assets. Image: Pexels

Canadian power company Algonquin Power & Utilities announced it will put its renewables energy unit on the block and transition into a utility company. The company has wind and...

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Daily Shorts: Proterra files Chapter 11, Baosteel to study 10 million metric ton carbon capture project

Proterra'a ZX5 busses have a range of 340 miles on a single charge. Image: Proterra

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...

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Daily Shorts: Subaru ups EV sales target, VW eyes Leapmotor platform and more

Image: Subaru

Japan's Subaru announced it will target sales of 600,000 electric vehicles a year by 2030, or half the company's annual sales. The company also announced plans to invest $10.5 bill...

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Daily Shorts: Swiss town gets 100% RE capacity, Germany’s getting an 800 MW hydrogen power plant and more

RWE's hydrogen plant will use Ansaldo Energia’s GT36 turbine to generate power. Image: Ansaldo Energia

Switzerland has installed six wind turbines in the town of Sainte-Croix along its French border, giving it enough capacity to meet the town's energy needs through renewable sources...

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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...

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

Mercedes' all-electric SUV, the EQE. Image: Mercedes Benz

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...

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Tesla seeks permission to double its gigafactory near Berlin

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...

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Amazon inducts custom-built EVs into European fleet

Amazon's electric van, custom built for Europe, is smaller and slimmer than its US version so drivers can steer better on Europe's narrower, winding streets. Image: BusinessWire

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...

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