LG Energy Solution inks estimated $1 bn deal for ESS batteries with Hanwha QCells

A rendition of LG Energy Solution's planned facility in Arizona. Image: LGES

LG Energy Solution Ltd, the world's third-largest battery maker, disclosed it had signed a contract with to supply 4.8 gigawatt-hours (GWh) of energy storage system (ESS) batteries...

Read More

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...

Read More

India can shoulder global demand for green hydrogen, Bhalla tells World Hydrogen Summit

Image: PIB

India aims to emerge as a leading exporter of green hydrogen globally and is determined to play a pivotal role in the global hydrogen economy, the country's top renewable energy bu...

Read More

Mahindra to invest ₹12,000 crore in EV unit, unveil new lineup from year-end

India's Mahindra & Mahindra announced it would invest ₹12,000 crore in its electric vehicles unit and launch a range of new EVs next year.  M&M currently offers only o...

Read More

Australia approves 800 MW solar + 250 MW battery Punchs Creek project

Image: Skylab

Australia's government has approved the Punchs Creek Solar Farm project, an 800 MW solar-plus-storage development in Queensland that will sport a 250 MW battery energy storage syst...

Read More

Stellantis JV to launch Leapmotor EVs in nine European countries from September

Stellantis announced a joint venture with the Chinese electric vehicle startup Leapmotor to retail EVs outside China. The venture, dubbed Leapmotor International, will be headquart...

Read More

India Pavillion spotlights country's green hydrogen progress at WHS 2024

Image: PIB

India has set up its own pavilion, at the World Hydrogen Summit 2024, being held in Rotterdam, Netherlands, from May 13 – 15, the government's Press Information Bureau announced. T...

Read More

US alleges Chinese dumping, levies stiff tariffs on EVs, Li-ion batteries

The US announced new levies on $18 billion worth of Chinese imports, largely in the clean energy space, including a 100 percent tax on Chinese electric vehicles imported into the c...

Read More

China activates first large-scale sodium-ion battery

Image: CSPG Energy Storage

China has started operation of its first large-scale sodium-ion battery storage station, the company operating the battery has announced. China Southern Power Grid Energy Storage, ...

Read More

US considering higher tariffs on clean energy goods from China; 100 percent levy on EVs

A lineup of electric vehicles manufactured by China's BYD, the world's largest maker of EVs. Image: BYD

The US is considering a 100 percent levy on Chinese electric vehicles --- four times as much as the 25 percent tariff levied at present --- news reports quoting unidentified govern...

Read More

Queensland invests $300 mn to double Stanwell battery to 300 MW/ 1,200 MWh

Image: Stanwell

Australia's state of Queensland has pledged to invest $300 million to double the capacity of the Stanwell battery being set up at a coal-fired power station, as part of the state's...

Read More

India approves first commercial BESS: 20 MW/ 40 MWh BESS at Kilokari sub-station, Delhi

India has approved its first commercial standalone Battery Energy Storage System (BESS) project, marking a milestone in the country's progress towards clean and renewable ener...

Read More

Fortescue breaks ground on $550 million green hydrogen hub in Arizona, USA

Image: Fortescue

Australian miner Fortescue has broken ground on the company's $550 million US venture to produce green hydrogen, the first of its planned green energy investments in North America....

Read More

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...

Read More

EU backs Orlen project to set up hydrogen refueling stations in Poland

Polish energy company Orlen has won EU backing and €62 million in support for its Clean Cities – Hydrogen mobility project in Poland, which comprises a green hydrogen plant and mul...

Read More

World Bank working on proposal for $1 bn support to India's BESS, e-mobility sectors

Image: Shutterstock

The World Bank and State Bank of India (SBI) are in talks for a $1 billion line of credit to aid the country's energy transition, according to media reports. The funds will support...

Read More

Fast Forward: Accelerting India's mobility revolution

From extending consumer incentives to launching schemes to attract foreign electric vehicle makers to India, the government has left no stone unturned to make EVs a smart...

Read More

China, leader in EVs, could overtake the world in hydrogen mobility too

Image: Shutterstock

China might be stealing a march on the world yet again. The government is targeting to build at least 1,200 hydrogen refueling stations for mobility across the country by 2025, whi...

Read More

EIB approves €4.3 bn in transition funding, including €805 mn for clean power

Image: Pexels

The European Investment Bank (EIB) has announced approval for €4.3 billion of new financing to upgrade the region's transport and energy distribution, besides expanding energy stor...

Read More

Tata Group invests in Boston-based non-lithium battery startup Alsym Energy

The Tata group has invested in non-lithium battery start-up Alsym Energy. Tata Ltd, a wholly-owned subsidiary of Tata Sons, led investment in the Boston-based company's Series C fu...

Read More

JLR partners with Allye to develop mobile BESS using second-life batteries

Image: JLR

Tata owned Jaguar-Land Rover announced it had partnered with energy storage start-up Allye Energy to create a mobile battery energy storage system (BESS) using repurposed batteries...

Read More

RWE to set up electrolyzer for Haltermann Carless at Essex, UK

Image: Shutterstock

German utility RWE, which is also the UK's largest electricity generator, has signed a Memorandum of Understanding (MoU) with Haltermann Carless, a supplier of hydrocarbon-based pr...

Read More

Has India's new EV policy piqued Tesla's interest? Musk is coming to meet Modi

Image: Tesla

India's new EV manufacturing policy is likely to pay a quick dividend. Elon Musk announced that he would be visiting the country to meet Prime Minister Narendra Modi. "Looking forw...

Read More

Korean automakers Hyundai, Kia to localize production of LFP batteries for India EVs

Image: Hyundai Motor India

Korean automakers Hyundai Motor and Kia Corporation have signed a Memorandum of Understanding with Exide Energy Solutions to localize EV battery production in India. The move, focu...

Read More

Nuveen Infra, Exus Renewables tie up for 800 MW battery storage projects in Italy

Image: Shutterstock

Italy is set to get a major boost in battery energy storage systems (BESS) with two companies – a clean energy fund and an independent renewables developer – agreeing to co-develop...

Read More

Quinbrook closes $600 million solar+storage focused fund

The Gemini Solar + Storage project is one of the largest operational in the US. Image: Primergy Gemini

Clean power-focused fund company Quinbrook Infrastructure Partners announced it had successful closed the Quinbrook Valley of Fire (VOF) Fund with $600 million in capital commitmen...

Read More

Just 57 companies responsible for 80 percent of global emissions

Image: Shutterstock

Around 80 percent of global greenhouse gas emissions since 2016 can be directly linked to just 57 companies operating in the oil, gas, coal and cement space — and their emissions h...

Read More

Sinopec, TotalEnergies sign deal to produce SAF using Sinopec's waste oils

Image: PR Newswire

China Petroleum & Chemical Corporation (Sinopec) announced the company had signed an agreement with France's TotalEnergies to jointly produce sustainable aviation fuel (SAF) in...

Read More

Data Point: Europe's first quarter energy mix is looking cleaner than ever

The first quarter of 2024 is looking good for clean energy in Europe. A record 60 percent of the continent's electricity in the first two months of the year came from clean sources...

Read More

Renault, Nissan put India center stage, look to redraw their EV rollout plan

The Renault Nissan Technology and Business Center India at Chennai, seen here, will become one of the main centers of excellence for the alliance’s work in digital, artificial intelligence, human-machine interface and connectivity areas. Image: RNTBCI

Renault and Nissan last week revealed plans to relook at their India strategy, including previously decided plans for launching electric vehicles in the country. The companies stre...

Read More
arrow_upward