BYD to spend $620 mn for three-plant complex in Brazil

China's BYD will spend $620 million to set up a new, three-complex in the Camacari industrial park in northeastern Brazil, the company announced. BYD's announcement comes on the ba... Read More

Amazon inducts custom-built EVs into European fleet

Retail giant Amazon has started adding its custom-built electric vehicles to its European delivery fleet, the company announced on Tuesday. In a statement, Amazon said it would add... Read More

Maharashtra Govt. ropes in Gogoro for deploying smart battery infrastructure in the State

The Maharashtra State Government and Taiwanese EV battery swapping infrastructure provider, Gogoro Inc. (Gogoro) have entered into an 'Ultra Mega Project' agreement to manufacture ... Read More

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

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... Read More

Foxconn pumps $200mn into Vietnam for EV chargers, components

Foxconn, the company that assembles Apple's iPhone, is investing $200 million in Vietnam to develop components used in electric vehicles (EVs), confirming news of its plans to vent... Read More

Sinopec's first green hydrogen facility comes onstream with capacity of 20,000 TPA

The China Petroleum & Chemical Corporation, also known as Sinopec, has started production at its first green hydrogen plant, the Chinese news agency Xinhua said. The plant, loc... Read More

Imerys, British Lithium joint venture to develop UK's largest lithium deposit

Imerys S.A. the French multinational company specializing in the production and processing of industrial minerals on Thursday announced that it has acquired an 80% s... Read More

World Bank approves ₹12,300 crore for India's low-carbon energy sector

The World Bank announced it had approved just above ₹12,300 crore to accelerate the development of low-carbon energy technology in India. In a statement, the bank said its funding ... Read More

Tesla chalks up more wins: Volvo signs up, VW starts talks

Volkswagen has confirmed the group is in talks with Tesla to adopt the latter's charging port, making it the first German carmaker to discuss the possibility. "Volkswagen Group and... Read More

Indian PSU scouts lithium blocks in Latin America, in advanced talks with Argentina: report

The Government of India is in advanced talks with Argentina to acquire "multiple lithium blocks" in the country, as part of its strategy to secure critical minerals, according to a... Read More

Epsilon Advanced Materials to invest $650M for a new battery material facility in the United States

Leading battery material company, Epsilon Advanced Materials (EAM) has announced that is planning to invest $650 million for establishing a 50,000 TPA synthetic graphite anode manu... Read More

IRENA urges world to look beyond sun and wind to biofuels, hydropower and geothermal energy

The world's energy transition is currently "off-track", the International Renewable Energy Agency (IRENA) warned in its 2023 outlook, even as it sought to funnel renewable energy i... Read More

IESA-DOE initiates India-US intergovernmental dialogue for energy storage

On June 15, India Energy Storage Alliance (IESA) in collaboration with the U.S. Department of Energy (DOE) kickstarted the dialogue on the US-India Energy Storage Partnership. In t... Read More

Rondo Energy, Siam Cement Group expand battery production capacity to 90GWh

Rondo Energy Inc (Rondo), the manufacturer of Rondo Heat Batteries on Monday (June 26) announced plans to expand the production capacity of Rondo Heat Battery storage at the Siam C... Read More

US electric truck maker Lordstown files for bankruptcy, sues Foxconn for dues

US electric truck maker Lordstown Motors said it has filed for bankruptcy protection after failing to receive a promised investment from Taiwan's Foxconn, maker of the iPhone. The ... Read More

Petronas, TotalEnergies sign deals on carbon storage in Malaysia, solar power in Australia

French energy giant TotalEnergies and Malaysian petroleum powerhouse Petronas have signed two independent deals at the Energy Asia event in Kuala Lumpur, strengthening ties between... Read More

Maersk orders six more green fuel ships, taking total to 25

Shipping company AP Moller-Maersk has ordered six mid-size dual-fuel container vessels from China's Yangzijiang Shipbuilding Group. The ships, which can operate on fuel oil and gre... Read More

Rechargeable li-ion battery inventor John Goodenough passes away

John Bannister Goodenough, co-inventor of the rechargeable lithium-ion battery, has passed away one month before he would turn 101 years old, the Hindu BusinessLine reports, citing... Read More

Storage industry stakeholders convene in the UK ahead of the 9th Energy Storage Partnership Meetings

The ESP Stakeholders Forum and 9th Energy Storage Partnership (ESP) Meeting begins today in the United Kingdom.  Hosted jointly by the World Bank's Energy Sector Management As... Read More

Dutch pour more money into hydrogen subsidy

The Netherlands will increase subsidy for the production of green hydrogen, which is hydrogen made from renewable sources of energy by €1 billion euros from next year and an additi... Read More

India unveils new, solar-centered electricity tariff from April 2024, says carbon market rules soon

India plans to rework electricity rates as part of the government's efforts to increase the use of renewable energy, the power ministry said, unveiling new amendments to electricit... Read More

Ford bags $9.2 bn loan for battery plants, but plans layoffs in ICE unit

The US Department of Energy is lending $9.2 billion to a joint venture of between Ford and SK to help build three new battery plants in the US, it announced in a press release. The... Read More

America extends biofuel blends in fuel, but leaves ethanol makers disgruntled

America has increased the amount of biofuels that oil companies must blend into fuels over the next three years, as part of the country's renewable fuel standard (RFS) program. The... Read More

Australian state eyes 100 percent renewables grid in 10 years

Australia's most populus state could have a 100 renewable energy-based grid within 10 years, the state's power transmission company said. Transgrid, operator of the electricity tra... Read More

Mining giant BHP says emissions might increase, says reduction is not a straight line trend

BHP Group warned that emission reductions could not happen in a linear fashion, saying they could instead rise in the near term, as the path to net zero was "uneven" and techn... Read More

Musk meets Modi, says Tesla wants to come to India

Tesla is looking to invest in India "as soon as humanly possible," the electric vehicle maker's CEO Elon Musk told reporters after meeting Prime Minister Narendra Modi in New York.... Read More

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... Read More

Eve and Blade join forces to transform electric air mobility in Europe

Eve Air Mobility (Eve) and Blade Air Mobility (Blade) on Monday (June 19) announced the extension of their long-standing partnership through a Memorandum of Understanding (MoU) whi... Read More

EU lawmakers back law regulating batteries and waste batteries

The European Union's (EU) lawmaking body, European Parliament has approved new rules for the design, production, and waste management of all types of batteries sold in the EU. With... Read More

Coal plays spoiler in EU clean power deal

Chart Europe's plans for a clean energy pact appeared to stall on Monday after a late proposal to allow governments to extend subsidies to coal-fired power plants. Energy ministers... Read More
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