Tesla's Model Y becomes best-selling car globally, first EV to bag crown

Tesla had the top-selling vehicle globally in the first quarter of this year, data from Jato Dynamics shows. The company's Model Y beat Toyota's Corolla sedan and RAV4 compact SUV ...

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Eversource puts wind assets on block, exits Orsted JV for $625 million

Eversource Energy announced it will sell its 50 percent stake in a wind farm development site in Massachusetts to Danish joint venture partner Ørsted for $625 million. This transac...

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JPMorgan Chase announces $200 million in CDR deals

JPMorgan Chase on Tuesday announced it will spend $200 million to help scale the growth and development of carbon dioxide removal (CDR) technologies. The US banking behemoth aims t...

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GM, Samsung SDI to expand battery cell manufacturing capacity 30 GWh

General Motors Co. and Samsung SDI have announced a plan to invest more than $3 billion to build a new battery cell manufacturing plant in the United States that is targeted to beg...

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Tesla to expand gigafactory in Nevada, increase battery production

The year 2022 is touted to be the one in which Tesla exceeds sale of one million EV units. However, expectations are that it will soon double those numbers. Tesla now nee...

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Global Progress in 'Green' transition: USA

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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