Daily Shorts: China's plan to cut methane, US to spend $440 mn on solar + battery in Puerto Rico, and more

Nikola has received non-binding orders for 277 trucks. Image: Nikola

China could unveil a plan to cut down methane emissions before the start of COP28 in Dubai, but might not set specific targets for reduction, media reports said. The plan is likely...

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Lithium demand slows as EV momentum falls, but miners stay bullish

Greenbushes in Western Australia, the world's largest lithium mine. Image courtesy: IGO

Albemarle, the world's largest lithium miner and among the largest suppliers of the mineral to EV battery makers, reported lower-than-expected quarterly profit and cut its annual f...

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Daily Shorts: Toyota boosts EV battery investment by $8 bn, Indonesia finalizes JETP plan, and more

A crashed Tesla. (Picture for Representational Purpose) Image: US NTHB

Toyota announced plans to invest $8 billion in the company's electric vehicle battery manufacturing plant in North Carolina, USA, taking total investment in the project to around $...

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Daily Shorts: Repsol puts H2 plant on hold, US announces $1.3 bn support to power lines

View from the top of the Nalubaale Power Station in Uganda, which the EU will help upgrade. Image: Fredrick Onyango

Spanish oil company Repsol has suspended plans to set up a 100 MW hydrogen project in northern Spain due to tax uncertainty, company executives said. Spain is considering extending...

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Daily Shorts: Pulse orders $100 million of Tesla ultra-fast chargers, GM suspends Cruise and more

Tesla has bagged a $100 million order for ultra-fast chargers from Pulse, marking the first time the Elon Musk-led company's chargers will be deployed on an independent EV charging...

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Daily Shorts: Swiss convert satellite antennas to solar plants, South Africa gets more funds to drop coal, and more

Image: Pexels

Switzerland is converting retired satellite antennas into solar power plants. The project is currently underway in the town of Leuk in the Valais canton of the landlocked country, ...

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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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Eye on EV charging: In North America, Tesla is king

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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Weekend Roundup: China limits graphite exports, Tevva seeks new merger partner, and more

China restricted the export of some graphite products from December, in what is seen as a counter to a US freeze on transfer of semiconductor technology to the Middle Kingdom. Chin...

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Daily Shorts: US bolsters power grid with $3.5 bn, Foxconn eyes Indian EV market, and more

The US Department of Energy announced up to $3.5 billion in funding to strengthen the country's electricity grid, releasing the first round of funds from the nation's $10.5 billion...

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Daily Shorts: Plus Power raises $1.8 bn for battery projects, Rivian CEO calms fears over fund raise, and more

Image Source: Birdwood Energy

Australian pension fund Aware Super, the country's third largest, said it would invest up to A$2 billion ($1.3 billion) in a joint venture with Birdwood Energy to finance smaller-s...

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No looking back: Energy transition in the USA

In many ways, this year was the tipping point for renewable energy. The world has woken up to the imperative of energy transition, and countries around the world have made progress...

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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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US announces regional hydrogen hubs to help kickstart $47 billion in national H2 investment

Image: US Department of Energy

The US Department of Energy (DOE) announced $7 billion in aid to launch seven Regional Clean Hydrogen Hubs (H2Hubs) across the mainland and accelerate commercial-scale deployment o...

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Daily Shorts: France will explore Mongolia for lithium, US EV sales at record high, and more

France struck a deal with Mongolia to explore the country for lithium deposits. The French geological service will spend €400,000 to explore a potentially lithium-rich basin in the...

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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: Tesla intensifies price war, 2023 to be hottest year on record, and more

The Model Y is 26 percent cheaper than at the start of this year. Image: Tesla

Tesla cut US prices for Model 3 and Model Y cars by about 2.7 to 4.2 percent, following last month's reduction in prices for the premium Model S and Model X vehicles. With the late...

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WESD 2023: All technologies welcome, say ES experts in the Americas

The panel in discussion

As the World Energy Storage Day entered its final regional focus, the Americas, the panel of experts debating energy storage felt largely that all technologies would find favour wi...

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Daily Shorts: Indian cities to get 10,000 e-buses, HSBC allocates $1 bn for climate tech and more

India and the US will collaborate to deploy 10,000 made-in-India electric buses across Indian cities as part of their co-operation agreements. Under the agreement, US government ag...

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Daily Shorts: Lyten raises $200 in Series B, Amazon buys credits for direct air capture

Image: Stellantis

Battery startup Lyten, Inc, announced it had raised $200 million in funding aimed at helping it scale up manufacturing and commercialize its first three product lines: Lithium-Sulf...

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Daily Shorts: UK part-funds Ionic's rare earth magnet recycling plant, US small-sale solar additions hit record high, and more

Rare earths metals company LCM will be involved in the Ionic-to-Ford EV recycling chain. Image Courtesy: Less Common Metals

Ionic Rare Earths received an investment of $2 million from the UK government to set up a rare earth magnet recycling facility in Belfast. In a release, the company said it would p...

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Gotion to set up $2 billion lithium battery manufacturing plant in the U.S.

China's Gotion High Tech Co ltd on Friday said the company will set up a new state-of-the-art $2 billion lithium battery manufacturing plant in Manteno, Illinois. Covering about 15...

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Daily Shorts: Repsol buys ConnectGen in RE pivot, IT honcho will ship solar power from Australia to Singapore, and more

Source: Sun Cable

Spanish energy company Repsol acquired US renewable energy developer ConnectGen for $768 million, as part of the oil company's plan to pivot from fossil fuels to renewables. The an...

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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: Tesla range under scanner, Canada clears four wind farms to drive green hydrogen plants

Image: Tesla

Tesla is under the scanner of US authorities over vehicle range claims, media reports indicate. The Wall Street Journal reported federal prosecutors are looking into the company's ...

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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 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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Weekend Roundup: India may put EVs in priority lending list, BYD buys Jabil's China mobility operations

Image: Pexels

India could include EVs under its priority sector lending category to make it cheaper for companies to raise funds, Reuters reported, citing an unidentified government official. Th...

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Daily Shorts: US okays 704 MW offshore wind farm, APA buys $1.1 bn Australian assets

Image: Revolution-wind.com

The US has greenlighted a 704 MW wind farm consisting of 65 wind turbines and two offshore sub-stations off the coast of Rhode Island, as part of plans to install 30 GW of offshore...

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Daily Shorts: Denmark to earmark $4B for CCS, Cargill tests wind powered ships

Denmark will earmark around $4 billion in aid to carbon capture storage (CCS) projects, the country's climate ministry announced. The grants will be disbursed over 15 years, but el...

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