GH2 hurdle: electrolyzer costs have jumped 50 percent, warns BloombergNEF

Image: Shutterstock

Rising material costs have made electrolyzers more expensive, in turn making green hydrogen a more expensive proposition, BloombergNEF reports in its Electrolyzer Price Survey 2024...

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BYD Americas chief says Mexico plant by year end, but no plans for exports to USA

Image Courtesy: Yahoo Finance

Chinese electric vehicle giant BYD has no plans of selling its passenger EVs in the US and finds the market "complicated" and "confusing", the CEO of its Americas operation said. S...

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Energy Vault starts construction on largest US green hydrogen storage

A rendering of the Calistoga project. Image: Energy Vault

Energy Vault announced it has started of construction on the Calistoga Resiliency Center (CRC), the largest green hydrogen storage project in the US. The project is being developed...

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US DoE announces $710 mn in loans to EV tech makers

Image: US Department of Energy

The US Department of Energy announced it has issued preliminary approval for nearly $710 million in loans to companies manufacturing electric vehicle (EV) components. The lion's sh...

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Xpeng plans 30 new models to survive Chinese competition

The Xpeng G6 SUV Image: Xpeng

Chinese EV company Xpeng will launch 30 new models in the coming three years to survive what its Chairman and CEO He Xiaopeng called a 'sea of blood' --- the competition between Ch...

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Solar, BESS will account for 81 percent of US new generation capacity addition in 2024

The US will add a whopping 62.8 GW of new utility-scale power generation capacity in 2024, and a massive 81 percent of that will consist of solar panels and battery storage, the US...

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Siemens Energy's $150 mn transformer plant could help US clear renewables' connectivity backlog

A Siemens large transformer. Custom built and critical to power T&D, they are usually the size of a school bus. Image: Siemens

German power equipment company Siemens Energy announced it would invest $150 million in the US to set up a new transformer facility in Charlotte, North Carolina. Construction will ...

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BYD takes aim at US market, evaluating EV plant in Mexico

Image: Business Wire

Chinese battery and electric vehicle powerhouse BYD is preparing to set up an EV factory in Mexico, the head of its Mexican operations told reporters. The company has launched a fe...

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Three companies plan scalable, modular 500 kg/day green H2 plant in Texas

Image: PR Newswire

Three US companies are collaborating to set up the world's first 500 kg per day green hydrogen production facility in Houston, Texas. HNO International announced it would lead the ...

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Europe finalizes answer to US Inflation Reduction Act, aims to become net zero continent by 2050

Lawmakers in the European Parliament agreed to the Net Zero Industry Act on Tuesday. Image: Pexels

Europe on Tuesday framed new rules on local production of wind and solar power equipment, fuel cells and other green technologies, after an agreement involving lawmakers in the Eur...

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US DoE announces $72 million to upgrade 46 hydroelectric projects

The US Department of Energy has announced major investments in the country's hydroelectric sector, with funding to upgrade 46 projects across 19 states. In a release, the DoE said ...

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Tesla plans LFP battery supply chain in Nevada gigafactory

Tesla is bringing its supply chain for lithium iron phosphate batteries (LFP) to the US, media reports suggest. The electric vehicle maker is looking to expand its battery facility...

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US’s largest solar + battery project comes online in Kern County, California

Image: Terra-Gen

Edwards & Sanborn (E&S), the largest solar + battery storage project in the US, has come online in California, the project's operator and contractor announced. The project,...

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Origin picks Fluence for 300 MW battery at Mortlake project in Australia

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Origin Energy has selected Fluence to deliver a 300 MW / 650 MWh battery at its Mortlake Power Station in southwest Victoria. The energy storage system is anticipated to be commiss...

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Sion Power, which uses compression on EV batteries, gets funding from LG Energy, others

US battery technology startup Sion Power announced the company has raised $75 million in Series A funding. The round was led by South Korean battery manufacturing giant LG Energy S...

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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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Fluence milestone: crosses 20 GWh of energy storage systems globally

The Liddle Battery Project, Image Courtesy: Fluence

Fluence Energy last week announced that the company had surpassed 20 GWh of deployed and contracted energy storage systems globally.  In a release, the company called this an ...

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New lithium extraction technology set for commerialization: Canada's IBAT leases portable DLE plant to client in US

Lithium mining company International Battery Metals (IBAT) announced that it had leased its portable direct lithium extraction plant to a customer in the Western United States. "Th...

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US utility-scale battery storage to double, led by additions in California, Texas

America's battery storage capacity is likely to double in 2024, the US Energy Information Administration (EIA) said. Data shows battery storage capacity in the US would increase by...

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Electric aviation: US regional carrier JSX buys 130 hybrid planes, option for 200 more

Electra's nine-seater aircraft. Image: Electra

US regional carrier JSX has placed orders for more than 130 hybrid-electric aircraft from three manufacturers, in a move heralding the arrival of electric aviation. JSX is acquirin...

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Form Energy gets $30 mn from California for 100-hour capacity iron-air battery

Image Courtesy: Form Energy

Form Energy has received $30 million from the California Energy Commission (CEC) to build a project capable of discharging energy for 100 hours.  The company will use the mone...

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US, India governments launch task force to promote energy storage technologies

The ESTF’s engagement plan includes periodical webinars, working group meetings. bilateral trade delegations, knowledge exchange programs and inter-governmental meetings. Image: Shutterstock

US-India Energy Storage Task Force, set up by US Department of Energy and India's Ministry of Power to promote energy storage technologies in both nations, will launch on December ...

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US utility disconnects CATL batteries citing security concerns, sparking row

An aerial photo of Camp Lejeune. Image Courtesy: DVIDShub.net

An American company has disconnected large-scale CATL batteries attached to a US military base after politicians raised security concerns, in turn sparking angry reactions from the...

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Honeywell provides 124 MWh BESS for 140 MW solar project in US Virgin Islands

Image: Honeywell

US engineering-and-technology conglomerate Honeywell announced it will provide developer VIElectron its first instalment of battery energy storage solutions (BESS) for six solar pa...

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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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Tesla loses first case on driverless car technology

Image: Tesla

Florida judge rules there is 'reasonable evidence' CEO Elon Musk and company officials knew the Autopilot system was defective but promoted it anyway Tesla CEO Elon Musk and other ...

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Australia's Fortescue readies $600 million green push in US market

Image: Fortescue

Mining company will also invest about $200 million across two green projects in its home country Australian mining company Fortescue announced about $800 million in ...

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US will reveal plans to commercialize nuclear fusion at COP28

US Special Envoy for Climate, John Kerry (center), flanked by CFS CEO Bob Mumgaard (right) and Eni CEO Claudio Descalzi (left). Image: Eni

The US will outline a strategy for commercializing nuclear fusion power on December 5 at a COP28 event in Dubai, John Kerry, the country's special envoy on climate change, announce...

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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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