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

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

BASF begins operations of its prototype metal refinery in Germany for recovering battery metals

Leading chemical producer, BASF has started the operations of its prototype metal refinery for battery recycling in Schwarzheide, Germany. The advanced plant and the innovativ... Read More

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

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

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

Fluence to deliver 35MW/100MWh BESS project for ENGIE

Fluence Energy B.V. (Fluence) on Thursday (April 11) announced that it has been selected by ENGIE to deliver a 35MW/100MWh battery energy storage project at ENGIE's Maxim... Read More

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

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

TESVOLT breaks ground for its new giga factory in Germany

TESVOLT AG has officially begun the construction of its new giga factory at its headquarters in Lutherstadt, Wittenberg city, Germany. TESVOLT held a ground-breaking ceremony ... Read More

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

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

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

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

Verdagy to supply electrolysis system for Doral’s 1GW+ global green hydrogen pipeline

Advanced electrolyzer technology developer, Verdagy on Tuesday (April 9) announced that it has entered a strategic agreement with Doral Energy to deploy Verdagy's green hydrogen el... Read More

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

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

ACME Group, Hydrogenious LOHC Technologies to jointly explore hydrogen value chain from Oman to Europe

Leading sustainable and renewable energy company, ACME Group has joined forces with Germany-based Hydrogenious LOHC Technologies to explore the joint development of large-scale hyd... Read More

Hyundai Motor, Kia strike strategic partnership with Indian battery major, Exide Energy

Making inroads into India's battery development and production ecosystem, Hyundai Motor Company and Kia Corporation announced earlier today (April 8) that they have entered a ... Read More

Fortescue opens PEM electrolyzer manufacturing facility in Australia

Australia-based global metal mining and green energy major, Fortescue on Monday (April 8) announced that it has opened its electrolyzer manufacturing facility in Gladstone, Queensl... Read More

ADB set to launch ASEAN Climate Finance Policy Platform

To support and prepare Southeast Asian countries in their battle against climate change, the Asian Development Bank (ADB) has announced plans to launch an ASEAN Clim... Read More

Quinbrook closes $600 million solar+storage focused fund

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

Our Next Energy partners with major CAM producer, L&F

Michigan-based energy storage company, Our Next Energy Inc (ONE) on Wednesday (April 3) said it has signed a Memorandum of Understanding (MoU) with L&F, a leading South Korean ... Read More

Just 57 companies responsible for 80 percent of global emissions

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

IKEA Foundation supports EV transition in emerging markets with $100 million grant

IKEA Foundation on Tuesday (March) announced a new initiative for backing zero-emission road transportation in emerging markets with an investment of $100 million over four ye... Read More

Servotech Power Systems, Electra EV jointly develop next-gen EV charging technology

Servotech Power System Ltd and Electra EV on Tuesday (April 2) announced that they are collaborating on a jointly owned innovative EV charging technology that would create India's ... Read More

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

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

Prevalon Energy secures contract for BESS project from Idaho Power

Prevalon Energy LLC (Prevalon Energy) a wholly owned subsidiary of Mitsubishi Power Americas (Mitsubishi Power) announced that it has secured a new contract from Idaho Power for an... 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

Battery storage developer Lightshift Energy raises $100 million from Greenbacker

Utility-scale energy storage developer, Lightshift Energy (formerly Delorean Power) on Thursday (March 28) announced that it has raised $100 million from two Greenbacker Capit... Read More

Indian Oil ties up with Panasonic for lithium-ion battery foray, feasibility study underway

Indian Oil and Panasonic Energy Co Ltd, the battery arm of Japan's Panasonic group, have signed a binding term sheet to set up a joint venture unit manufacturing cylindrical lithiu... Read More

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

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

Better Energy begins work on its first BESS project

Renewable Energy company, Better Energy has announced that it has commenced work on its first battery energy storage system (BESS) project in Denmark. Better Energy's BESS project ... Read More

GM in talks with CATL to licence LFP battery tech, explore joint manufacturing

Chinese battery maker Contemporary Amperex Technology Co Ltd (CATL) is reportedly in discussions with US automaker General Motors for a deal that would licence the Chinese company'... Read More

Sungrow batteries to power South Australia’s second-largest energy storage project

Leading global PV inverter and energy storage system supplier, Sungrow Power Supply Co. Ltd (Sungrow) on Thursday (March 28) said it has secured permission from ZEN Energ... Read More

SUNOTEC and Huawei ink second agreement for BESS cooperation

Europe's leading integrated solar solutions provider, SUNOTEC on Friday (March 8) signed a Memorandum of Understanding with Huawei Technologies Bulgaria EOOD to further strengthen ... Read More
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