The company is investing in an offshore wind project in Europe. Amazon is investing in the company’s largest renewable energy project to date, in the form of a European offshore wind farm located just under 20 kilometers off the coast of the Netherlands. The retail-to-cloud-computing giant is co-investing in the project alongside a consortium made […]
2020: Europe’s Energy Transition in 5 Trends
From a solar resurgence to hydrogen breakthroughs, Europe’s energy transition had a landmark year, just not the one it might have expected. With 2030 climate targets up for renewal, a new set of European commissioners in place, and the post-Brexit relationship to negotiate, this year was always going to be a big one for Europe’s […]
Ola Looks To Build EV Charging Infra In India, Europe To Back Scooter Launch
Ola Electric is reportedly scouting for sites across India and Europe, where it can build a network of charging stations for electric two-wheelers Earlier this month, the company had signed a Memorandum of Understanding (MoU) with the Tamil Nadu government for setting up an electric scooter factory in the state Ola Electric plans to launch […]
Ola scouting for sites in India, Europe to build network of charging stations: Report
The Bengaluru-based company had recently announced signing an agreement with the Tamil Nadu government to set up its first electric scooter factory in the state NEW DELHI : Ride-hailing platform Ola is scouting for multiple sites across major cities in India and several locations in Europe to build a network of charging stations for electric […]
Coalition Aims for 25GW of Green Hydrogen by 2026
Seven firms join forces for fiftyfold scale-up of global hydrogen production capacity. The soaring hype surrounding green hydrogen reached new heights this week, as a seven-company-strong consortium unveiled plans for a fiftyfold scale-up in production capacity by 2026. ACWA Power, CWP Renewables, Envision, Iberdrola, Ørsted, Snam and Yara launched a coalition called the Green Hydrogen […]
Chemicals Giant Ineos Targets the World’s Cheapest Green Hydrogen
Ineos’ experience using giant electrolyzers for chlorine production could be the foundation for a low-cost green hydrogen business. It seems everyone wants to get in on the ground floor when it comes to green hydrogen. Utilities and oil majors both have a head start with their mixture of renewable power capacity, gas transmission assets and […]
Japan’s Nidec plans $2 bln EV motor factory in Europe: Report
Nidec founder Shigenobu Nagamori has said he wants a 35% market share for energy-saving electric motor technology know as e-axle or e-drive by 2030, which is expected to have grown ten times by then to as much as $30 billion a year. TOKYO : Nidec Corp will spend 200 billion yen ($1.9 billion) on a […]
‘Hydrogen Wars’ pit Europe vs China for $700 billion business
Hydrogen is expensive to make without expelling greenhouse gases, difficult to store and, not least, highly combustible Niels-Arne Baden has a problem. The factory he’s building for Green Hydrogen Systems is too small. Plans for the Denmark site to be one of the largest for assembling the machines that make hydrogen from electricity were finalized […]
Does Europe have the tools it needs to quit importing batteries?
For some time now, Asia has been the undisputed centre of global battery production. For companies elsewhere looking to source batteries, Asia was the only place to go. However, from a standing start in 2016, the European battery sector has since burst into life. There is still a long way to go, but there has […]
A Blockchain-Enabled Smart Meter for Clean Power Trading?
NV Energy tests digital tech to track kilowatts of clean energy from cradle to grave. Blockchain’s energy sector applications range from the highly speculative — think peer-to-peer energy-trading using cryptocurrency raised in initial coin offerings — to more incremental efforts, grounded in the real-world challenges of operating an increasingly decentralized power grid. The latter describes […]