Honda unveils EV pivot: $65 bn spend, seven new models using F1-developed technology by 2030

Honda announced it will double its investment in EVs to $65 billion and launch seven new electric models by 2030, as the Japanese company moves to catch up with industry biggies su...

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Canadian Solar bags 193 GW battery projects in Japan's decarbonization auction

Image: Shutterstock

Canadian Solar Inc (CSI) announced it had won three battery energy storage system (BESS) projects in Japan's first Long-Term Decarbonization Power Source Auction.  Japan's Org...

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Indian Oil ties up with Panasonic for lithium-ion battery foray, feasibility study underway

Image: Indian Oil

Indian Oil and Panasonic Energy Co Ltd, the battery arm of Japan's Panasonic group, have signed a binding term sheet to set up a joint venture unit manufacturing cylindrical lithiu...

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Panasonic eyes productivity boost before third battery plant in North America

Panasonic's Lithium-ion EV battery plant in Dalian, China. Image: Panasonic

Panasonic might put its third battery plant in North America on hold and focus on boosting productivity instead, Group CEO Yuki Kusumi said in an interview. "I keep telling people ...

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Mitsubishi plans 80,000 TPA GH2 plant – world’s largest – in Netherlands

A rendering of the proposed Eneco Electrolyzer: Image: Eneco

Reports say the Japanese company will invest over $700 million and use the project as a test bed to develop know-how for mass production of green hydrogen. Mitsubishi Corp pla...

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US unveils global nuclear fusion plan at COP28, even as Japan-EU reactor comes online

John Kerry speaks at the Atlantic Council Global Energy Forum at Dubai.

"We are edging ever-closer to a fusion-powered reality. And at the same time, yes, significant scientific and engineering challenges exist. Careful thought and thoughtful policy is...

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Honda showcases next-gen hydrogen fuel cell for use in EVs, stationary power

Image: Honda

Honda has readied its next-generation Hydrogen Fuel Cell System Module, developed jointly along with General Motors, and showcased a prototype at the recently-concluded European Hy...

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Eye on EV Charging: In conclusion, a global snapshot and some questions that need answers

Whether Indian e-bus and OEMs collaborate to launch charging networks remains to be seen. Image: Shutterstock

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...

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Eye on EV Charging: In China and Japan, charging networks are largely collaborative affairs

Image: BYD

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...

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Daily Shorts: Lexus EV with 1,000 km range, Japan and Denmark tie up on offshore wind, and more

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 ...

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Daily Shorts: UK gets a £10 bn clean energy investor, Banga wants harmful subsidies slashed, and more

Image: Empire Wind

Japan's Marubeni Corp signed a memorandum of understanding (MoU) with the UK government to invest 10 billion pounds ($12.3 billion) in clean energy projects over the next decade. T...

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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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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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Daily Shorts: US offers $12 bn to retool car plants for EVs, Tesla reverses China price war

Equinor and BP want to increase the price of power from three planned offshore wind farms by 54 percent, and have cited "rampant inflation, global supply chain disruptions, soaring interest rates…” among the reasons for their application. Image: Empire Wind

The US government is offering auto companies and component suppliers $12 billion in grants and loans so they can retrofit their plants to produce electric vehicles. US Energy Secre...

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Daily Shorts: Japanese scale up hydrogen play, US auctions wind sites in Gulf of Mexico

A Japanese-American group plans to produce e-methane in the US, which will be liquefied at the Cameron LNG terminal and exported to Japan from 2030. Image: Pexels

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...

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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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Weekend Roundup: World Bank to fund 1,000 mini grids in Nigeria, Alberta pauses green approvals

The World Bank will help fund 1,000 solar-based mini grids in Nigeria along with the country's government and private sector, President Ajay Banga said. The bank has funded 150 suc...

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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: Vietnam EV maker heads to US, gas companies push for investments and more

Streets of Houston, the most populous city in Texas. Image: Pexels

Vietnamese automaker VinFast announced it will next week begin constructing a $4 billion electric vehicle factory in the US state of North Carolina, also home to Toyota's battery f...

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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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Daily Shorts: Vattenfall abandons UK offshore wind project, Air Canada eyes greener fuels and more

Air Canada has signed deals to test and manufacture SAF, a sustainable jet fuel. Image: Air Canada

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...

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Asia bulks up on gas to strengthen energy security

Asian governments have become wary of a rise in gas prices and are building infrastructure to increase buffer stocks, a review by Reuters shows. The move follows last year's price ...

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Japanese PM wraps up Gulf tour with upgrade to Qatar ties

Japanese PM Fumio Kishida inspects a hydrogen-powered motorcycle engine in Saudi Arabia during his Gulf tour. Image: Japan PM Office

Japan's prime minister wrapped up a tour of the Middle East by agreeing to strengthen economic and energy co-operation with Qatar, the world's largest exporter of liquefied natural...

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Weekend roundup: Tesla unveils Cybertruck, US launches $20 bn in cleantech grants, and more

Tesla built its first Cybertruck, an EV pickup model it showcased four years ago (where an engineer cracked its so-called 'armor' glass). The vehicle gives Tesla entry into one of ...

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Nissan to put $725 million into Ampere EV as part of plans to rebalance alliance with Renault

Renault's EV models such as the Megane E-Tech electric could fall under the Ampere subsidiary. Image: Renault

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...

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Rio Tinto, Sumitomo building A$111 million hydrogen demonstrator for alumina refining

Rio Tinto's announcement of the demonstrator comes the success of a A$1.2 million feasibility study. Image: Rio TInto

Mining behemoth Rio Tinto and Japan's Sumitomo Corporation have announced a A$111 million demonstration project to lower carbon emissions from alumina refining. The companies will ...

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Amid EV shift, Japanese could lose Thai auto market to China

Southeast Asia's largest automotive hub is gearing up for a China-Japan clash, market analysis shows. Chinese electric vehicle companies are heading into Thailand, and have so far ...

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Aquila eyes battery storage business in Japan, plans bigger solar footprint

German investor Aquila Capital is looking to expand its solar footprint in Japan and add a battery storage business in the Land of the Rising Sun. "We started with the first acquis...

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Japan offers domestic firms $840 mn to strengthen battery chain

Japan has announced the country will give Toyota and others up to $840 million in subsidies to boost domestic production of batteries for electric vehicles and storage. Industry Mi...

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Global Progress in 'Green' transition: Japan, China, South Korea

Energy storage solutions, whether applied to the power grid or EVs, make systems more flexible and are suitable for meeting low cost, low carbon electricity demands. Following is a...

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