'No country can think of energy transition without first thinking about energy storage'

Stephen Fernands, President of Customized Energy Solutions, speaking at the event. Image: ETN

The India Pavilion at COP28 hosted an event on cost-effective energy systems for energy transition and integration of renewable energy on December 5, under the aegis of the country...

Read More

Australian state starts work on A$1 billion 600 MW BESS project in Melbourne

Image Courtesy: SEC Victoria

The Australian state of Victoria has announced its first investment through the State Electricity Commission (SEC) to help build one of the world's biggest battery projects, in par...

Read More

DEPCOM Power launches Puerto Rico's largest solar + BESS project at Salinas

Image: Lord Construction Group

DEPCOM Power, an integrated engineering, procurement, and construction (EPC) company that also provides operations and maintenance (O&M) services for utility-scale solar and en...

Read More

Saudi ACWA breaks ground on two-phase, 500,000 TPA green ammonia project in Uzbekistan

President Mirziyoyev of Uzbekistan and Khalid Al Falih, Saudi Minister of Investment (left) along with at the ground breaking ceremony for Phase 1 of the project. Image: ACWA Power

Saudi Arabia's ACWA Power, the world's largest private water desalination company, announced it had broken ground on the first phase of a 3,000 metric tons per year green hydrogen ...

Read More

JSW signs deal for 35 percent in MG Motor India, marks second foray into EVs

Image: MG Motor India

India's JSW Group will acquire 35 percent stake in motor company MG Motor India, the two companies announced on Thursday. The agreement for the transaction was signed in London bet...

Read More

India puts up 20 blocks of critical and strategic minerals for auction

India's Ministry of Mines launched the first tranche auction of critical and strategic minerals in New Delhi on Wednesday, offering up 20 minerals for exploration, including recent...

Read More

Tata Power Renewable bags 200 MW FDRE project from SJVN Ltd

Image: Shutterstock

Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power, has bagged a 200 MW firm and dispatchable renewable energy (FDRE) project from public sector hydropower generat...

Read More

RWE boosts green investments to €55 billion

German utility eyes renewables portfolio exceeding 65 GW under new investment plan covering 2024 to 2030 Where the money'll flow Solar capacity will rise from 3.9 GW now to 16 GW b...

Read More

Dow clears $6.5 bn plan for new, net zero ethylene cracker in Canada

Image: Dow

Dow's board of directors declared the Final Investment Decision on the company's Fort Saskatchewan Path2Zero investment in Canada. The clearance allows the company to build the wor...

Read More

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...

Read More

Iberdrola increases UK 'green' and grid investments to £12 billion

Ignacio Galán, Executive Chairman of Iberdrola (right) and British Prime Minister Rishi Sunak (left), at the UK Global Investment Summit in London. Image: Iberdrola

Spanish power giant Iberdrola, the largest electricity company in Europe, announced plans to invest an additional £7 billion more in Britain for 2026-2028 in grids and renewable pr...

Read More

Odisha approves three green hydrogen projects entailing investment of ₹46,000 crore

Image: Shutterstock

The state government of Odisha has green-lighted three hydrogen projects to promote the green hydrogen and green ammonia sector in the state, as part of an industrial push that saw...

Read More

RE and EV tech has matured, it’s time to focus on industrial decarbonization: BloombergNEF

Image: Shutterstock

Steel, cement and petrochemicals accounted for 13 percent of global CO2 emissions in 2022, but received less than three percent of green investments  Green hydrogen, gree...

Read More

Glencore, Li-Cycle to relocate pilot for Europe's largest EV battery recycling hub

Image Courtesy: Portovesme

Swiss mining group Glencore announced it would move its proposed pilot EV battery recycling plant outside Sardinia in Italy to speed up implementation of the project, but didn't sa...

Read More

Stellantis opens Circular Economy Hub to recycle and reuse old EVs, batteries

Stellantis' Circular Economy Hub entailed an investment of €40 million. Image: Stellantis

Stellantis, the world's fourth largest automaker, has officially opened its SUSTAINera Circular Economy Hub at the Mirafiori Complex in Turin, Italy, months after opening a battery...

Read More

Gotion InoBat signs deal to set up 20 GWh capacity EV battery plant in Slovakia

The Slovak government and Gotion InoBat Batteries signing their deal, on November 22. Image: Slovak Government Office

Slovakia has signed a memorandum of understanding with Chinese electric vehicle battery maker Gotion High-Tech to build an EV battery plant in the European nation, the country's ec...

Read More

GM acquires key Tesla supplier amid plans to get gigacasting right

General Motors has quietly acquired Tooling & Equipment International (TEI), a little-known company that played a critical role in helping Tesla establish its manufacturing pro...

Read More

Maersk sews up 500,000 TPA green methanol from Goldwind for its green ships

Image: Maersk

Maersk announced it had signed the world's first agreement for large-scale offtake of green methanol in the shipping industry. The Danish company said it will buy 500,000 tonnes pe...

Read More

Scania receives order for 173 hybrid-electric buses from Tenerife island's TITSA

Image: Scania

Swedish bus maker Scania announced it had received a new order consisting of 173 hybrid-electric buses from Canary Islands-based public transportation company Transportes Interurba...

Read More

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 ...

Read More

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 ...

Read More

Stellantis, CATL sign agreement over LFP batteries, explore joint venture

Image for representation purposes only. Source: Stellantis

Stellantis has signed a preliminary agreement with CATL to source battery cells and modules for its electric vehicles in Europe from the Chinese EV battery company. Under the agree...

Read More

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...

Read More

UK investors back startup making EV motors without rare earths

Image: AEM

Advanced Electric Machines (AEM), the UK-based startup that makes electric vehicle motors without rare earths or copper – and therefore 100 percent recyclable – announced it had ra...

Read More

UK raises guaranteed prices for RE projects, offshore wind to get 66% more, solar up 30%

The UK has announced increases in the country's guaranteed price renewable energy projects after a review of the country's 'maximum strike price' for such projects. The biggest inc...

Read More

Germany's BASF, Korea's SK On agree to jointly evaluate global lithium-ion battery market

A scientist at BASF pours cathode active material paste on aluminum foil. The cast film will then be dried and compacted. Later it will become the cathode, the positive pole of a lithium-ion battery. Image: BASF

German company BASF, a leading global producer of battery materials, has entered in an agreement with leading global electric vehicle battery cell manufacturer SK On. The two compa...

Read More

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...

Read More

Smartphone maker Xiaomi will launch five-seater EV next year

Smartphone company Xiaomi is getting into electric vehicles, according to filings released by China's Ministry of Industry and Information Technology (MIIT), which is responsible f...

Read More

Daily Shorts: Snam plans H2 pipeline, esVolta gets $170 mn for California energy storage, and more

First Citizens Bank announced it served as the lead agent on a $170 million credit facility extended to esVolta, a company that develops, owns and operates utility-scale battery en...

Read More

Exxon launches lithium business, targets supply to 1 million EVs by 2030

Image: Shutterstock

ExxonMobil has announced plans to produce lithium from land in southern Arkansas, USA, that it acquired earlier this year, marking one of the first direct forays by legacy oil and ...

Read More
arrow_upward