Vertical-axis wind turbines have failed to make a dent in the thriving global wind energy business. But proponents say the technology may be well suited to the emerging floating offshore market. Long relegated to the margins of the wind industry, vertical-axis wind turbines (VAWTs) could get a new lease of life on floating platforms. Swedish […]
Europe Launches Multibillion-Euro Initiative For Electric Car Batteries
The lack of a reliable battery technology that can alleviate “range anxiety” for electric vehicles has held back their development. Today France and Germany formed a partnership to invest in finding a solution. Announcing the consortium in Paris, the French and German finance ministers said €5-6 billion ($5.6-6.7 billion) would be invested in the project. […]
The Tesla Model 3 is rocketing past Europe’s best-selling electric cars: analyst
The Tesla Model 3 achieved yet another milestone as it continues its international ramp. Over the first quarter, the electric sedan from Silicon Valley successfully rocketed past other popular electric cars in Western Europe, taking its place at the top of the region’s list of best-selling EVs. Berlin-based automotive industry analyst Matthias Schmidt noted that […]
EDPR announces an €800 million Asset Rotation deal for wind farms in Europe
EDP Renewables a global leader in the renewable energy sector and one of the largest wind energy producers in the world, signed a Sale and Purchase Agreement with institutional investors advised by JP Morgan Asset Management to sell EDPR’s full equity shareholding and outstanding shareholder loans in an operating onshore wind portfolio with 997 MW […]
Europe’s Solar Renaissance Is on the Horizon
European solar installations hit a five-year high in 2018, and the annual market should crack 20 gigawatts by 2021, according to the latest research from Wood Mackenzie Power & Renewables. Europe’s solar market is undergoing a resurgence. More than 10 gigawatts were installed in 2018 for the first time in five years, and the market […]
Repsol Invests in Storage Startup Ampere Amid Shift to Cleaner Energy
The Spanish oil company’s backing of Ampere follows Shell’s recent acquisition of German battery company sonnen. Spain’s largest oil and gas company, Repsol, has invested in Spanish battery startup Ampere Energy, in a move to emulate industry peers taking positions in clean energy technologies. Madrid-based Repsol this month put an unspecified amount into Ampere, a […]
Financing Your EV Charging Network: Costs, Revenues, & Business Models
Regardless of how many EVs are currently registered in your city — many more are coming, and soon, and you should get ready. For you, this may mean investing in your own infrastructure, developing a plan, or passing laws or regulations to encourage the private marketplace. There is an ongoing debate as to whether to […]
Europe to See a Sixfold Increase in Battery Cell Manufacturing Share by 2026
Europe’s share of global cell production is expected to grow from 6 percent to 35 percent over an eight-year period, according to Wood Mackenzie. Europe’s share of global lithium-ion battery cell manufacturing is set to grow from 6 percent last year to 35 percent in 2026, new figures show. Wood Mackenzie Power & Renewables forecasts […]
Expensive lithium-ion batteries put the brakes on India’s EV plans
Their actual business success will largely depend on how quickly the lithium-ion batteries become more efficient In the absence of a policy, which is still in the drawing board, it is highly unlikely that the share of electric cars and two-wheelers here will rise to government’s targeted 30 per cent of total vehicle sales in […]
