Tesla's Model Y becomes best-selling car globally, first EV to bag crown

Tesla had the top-selling vehicle globally in the first quarter of this year, data from Jato Dynamics shows. The company's Model Y beat Toyota's Corolla sedan and RAV4 compact SUV ... Read More

Canada invests CAN$300 million in GM-POSCO Chemicals battery materials plant

Canada will invest CAN$300 million in a plant being set up by General Motors and POSCO Chemicals to manufacture battery materials, the country announced. America's GM and South Kor... Read More

TEPCO, Toyota to pilot stationary storage battery system using EV batteries

Tokyo Electric Power Company Holdings, Inc. and Toyota Motor Corporation have developed a 3 MWh stationary storage battery system with an output of 1 MW made out of ... Read More

Ford gets EV owners access to Tesla charging stations, announces switch in connectors

Ford and Tesla have agreed a deal that would allow Ford EV owners to charge their vehicles at Tesla stations, the two companies announced. The deal grants owners of models such as ... Read More

Stellantis invests in Lyten’s lithium-sulfur EV battery technology

Stellantis Ventures, the corporate venture fund of Stellantis N.V. announced that it has invested in California-based material innovations company, Lyten Inc. (Lyten) to speed up t... Read More

India and Australia deepen cooperation on green hydrogen

Indian Prime Minister Narendra Modi concluded his two-day trip to Australia on Wednesday finalizing new agreements focused on expanding bilateral trade and cooperation across ... Read More

Webasto presented EV batteries, thermal solutions at Battery Show Europe 2023

German auto technologies firm Webasto showcased its extensive range of electromobility products at the Battery Show Europe in Stuttgart that ended yesterday. The company's dis... Read More

Eversource puts wind assets on block, exits Orsted JV for $625 million

Eversource Energy announced it will sell its 50 percent stake in a wind farm development site in Massachusetts to Danish joint venture partner Ørsted for $625 million. This transac... Read More

Hyundai, LG Energy announce $4.3 billion battery cell plant in the US

Hyundai Motor Group and LG Energy Solution (LGES) will together build an EV battery cell manufacturing facility in the US at an investment of over $4.3 billion, the companies annou... Read More

NEOM Green Hydrogen Co. completes $8.4 billion deal for a green hydrogen plant

Saudi Arabia's NEOM Green Hydrogen Co. (NGHC) earlier this week announced that it has achieved financial closure on an $8.4 billion green hydrogen production facility after si... Read More

Microvast loses $200 million US grant over China concerns

The US Department of Energy has withdrawn a $200 million grant to US battery maker Microvast, citing concerns over the company's connections with China. The grant was aimed at help... Read More

FAME-II: Taking stock after the EV subsidy-cut knock

Following up on the subsidy reduction announcement by the government of India, the India Electric Mobility Council (IEMC) looks back at the substantial progress of the Faster ... Read More

NTPC partners with HPCL Mittal Energy for renewable energy and green hydrogen projects

NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of India's public sector power utility NTPC and HPCL Mittal Energy Limited (HMEL) have signed a Memorandum of ... Read More

JPMorgan Chase announces $200 million in CDR deals

JPMorgan Chase on Tuesday announced it will spend $200 million to help scale the growth and development of carbon dioxide removal (CDR) technologies. The US banking behemoth aims t... Read More

UK Infrastructure Bank commits £62.5 million to boost battery storage capacity across the UK

The UK Infrastructure Bank on Tuesday announced that it has committed £62.5 million to support the development of battery storage capacity in the UK.  With the Bank's first de... Read More

In Europe, a turbine maker's appeal for direct cash transfer

The chief operating officer of Siemens Gamesa has pitched for direct financial assistance to turbine manufactures to support their investments, pointing out that they are a critica... Read More

New York grid records highest output from solar power

The grid operator of New York state said on Tuesday that the grid recorded its highest output from solar energy last week. New York Independent System Operator (NYISO) announced th... Read More

US DoE announces $42 mn funding for 22 clean hydrogen projects

The U.S. Department of Energy (DOE) has announced nearly $42 million in funding for 22 projects in 14 states to advance critical technologies for producing, storing, and deplo... Read More

Northvolt completes construction of Europe's largest factory for energy storage solutions

Swedish battery manufacturer, Northvolt has completed the construction of Northvolt Dwa in Gdańsk, Poland -- Europe's largest factory for energy storage solutio... Read More

Masdar to develop 2 GW of RE, 500 MWh of battery storage in Uzbekistan

UAE-based energy firm Masdar has recently signed a joint development agreement with Uzbekistan's Ministry of Energy (MoE) and the Ministry of Investments, Industry and Tr... Read More

FAME-II subsidy for E2Ws slashed; prices to go up, push for OEMs to innovate

The Union Ministry of Heavy Industries (MHI) has reduced the incentives for electric two-wheelers (E2Ws) under Faster Adoption and Manufacturing of Electric Vehicles (FAME)-II sche... Read More

HyET, ENPRO sign deal on hydrogen-processing technology

HyET Hydrogen of Netherlands has signed an MoU with ENPRO Industries of India to collaborate on hydrogen-processing technologies. Under the agreement, ENPRO will serve as the engin... Read More

EMEC bags over £500,000 funding from Scottish government for green H2 projects

The European Marine Energy Centre (EMEC) has been awarded funding of over £500,000 for four feasibility projects supporting green hydrogen innovation and development.&nbs... Read More

SK ecoplant invests in green hydrogen project in Canada: Project Nujio'qonik

SK ecoplant, the energy and environment arm of South Korea's second-largest conglomerate, SK Group, has signed an investment agreement with World Energy GH2 to harness wind energy ... Read More

Japanese automakers form 'HySE' for development of H2 small mobility engines

Kawasaki Motors, Suzuki Motor Corporation, Honda Motor Company, and Yamaha Motor Company have jointly announced that they have received approval from the Japanese Ministry of Econo... Read More

Sensata launching compact BMS for industrial, low-voltage EV, & ESS applications

Sensata Technologies has announced the launch of the c-BMS24X, a new compact Battery Management System (BMS) that addresses the latest market needs for industrial applications... Read More

Renewable energy startup Accelergen Energy secures $30 million in financing

Greenfield renewable energy startup, Accelergen Energy, LLC ("Accelergen") on Wednesday announced the closure of $30 million in growth capital from Leyline Renewable Capital. Accel... Read More

Komatsu reveals hydraulic excavator concept powered by hydrogen fuel cell

Japanese construction equipment company Komatsu has developed a concept machine for a medium-sized hydraulic excavator that combines a hydrogen fuel cell and Komatsu-developed... Read More

Masdar, Airbus to promote SAF produced from green hydrogen

Energy giant Masdar has signed an agreement with aeronautics firm Airbus to support the development and growth of the global sustainable aviation fuel (SAF) market. ... Read More

Glencore and Li-Cycle to develop Europe’s largest battery recycling hub

Leading lithium-ion battery recycler, Li-Cycle Holdings Corp. (Li-Cycle) and Swiss mining and commodity trading behemoth, Glencore International AG (a wholly owned s... Read More
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