Lamborghini anounces next hybrid as company prepares for shift to all-electric vehicle line

Lamborghini's next supercar is going to be a hybrid. The Italian company has retired its 5.2-liter V10 petrol engine in favor of a plug-in hybrid vehicle that will succeed its Hura...

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Energy Vault, Italian coal miner plan gravity + battery energy storage in old mine shafts

Image: BusinessWire

Energy Vault and coal mining company Carbosulcis S.p.A. have announced plans to develop 100 MW hybrid energy storage facilities at the Nuraxi Figus coal mine in Sardinia, Italy's l...

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EU approves €700 million in hydrogen aid across Italy, Finland and Lithuania

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The European Commission has approved more than €700 million in hydrogen investments from the governments of Italy, Finland and Lithuania. The approval, which came as part of wide r...

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Italy's Eni reveals a 30 percent cut in scope 1 and 2 emissions from 2018

Image: Eni

Italian energy company Eni announced it had cut its net scope 1 and 2 emissions in the upstream sector by 40 percent in 2023, compared with a 2018 baseline. It said particular atte...

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

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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...

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Nuveen Infra, Exus Renewables tie up for 800 MW battery storage projects in Italy

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Italy is set to get a major boost in battery energy storage systems (BESS) with two companies – a clean energy fund and an independent renewables developer – agreeing to co-develop...

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

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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...

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Stellantis evaluates building Leapmotor EVs at Mirafiori complex in Italy

Image: Stellantis

Carmaker Stellantis could build up to 150,000 low-cost electric vehicles (EVs) at the company's Mirafiori complex in Turin from 2026 or 2027, news reports say. The company is repor...

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Glencore, Li-Cycle to relocate pilot for Europe's largest EV battery recycling hub

Image Courtesy: Portovesme

Swiss mining group Glencore announced it would move its proposed pilot EV battery recycling plant outside Sardinia in Italy to speed up implementation of the project, but didn't sa...

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Stellantis opens Circular Economy Hub to recycle and reuse old EVs, batteries

Stellantis' Circular Economy Hub entailed an investment of €40 million. Image: Stellantis

Stellantis, the world's fourth largest automaker, has officially opened its SUSTAINera Circular Economy Hub at the Mirafiori Complex in Turin, Italy, months after opening a battery...

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Daily Shorts: JLR opens EV test center in England, companies ask COP28 to finalize fossil fuel phase out

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British automaker Jaguar Land Rover opened an EV test centre in England, pointing out that this would save on costs and carbon emissions resulting from shipping prototypes to test ...

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Weekend Roundup: EU may ask COP28 to phase out oil & coal, Italy gets 16 MTPA carbon storage capacity, and more

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...

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Lamborghini buyers can only book hybrids from now on

Lamborghini unveiled its first hybrid model, the Revuelto, in March this year. Image: Lamborghini

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...

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Italy increases RE targets, says 65 percent of power from clean sources by 2030

Italy's energy ministry said the country would generate 65 percent of its electricity from renewable energy sources by 2030, up from the earlier target of 55 percent. Image: Pexels

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...

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