Energy

Energy Storage Project

Hungary Government Providing €155 Million for Energy Storage Deployments

The Ministry of Energy in Hungary will provide grants for the deployment of energy storage projects, with some 1GWh targeted by 2025.From June, system operators…

Battery

‘Geothermal Battery’ Company Earthbridge Energy Secures Texas Site

Geothermal-based energy storage company EarthBridge Energy has secured land rights to deploy its technology in Texas.The Texas General Land Office issued a geot…

Energy Storage Project

Inflation Reduction Act ‘Could Suck the Oxygen Out of’ Latin American Energy Storage Market

The Inflation Reduction Act could suck the oxygen out of the Latin American (LatAm) energy storage market, the CEO of pan-American energy storage firm On.Energy…

Electricity Transmission

PLDT, Smart Diversify by Transitioning to Renewables

PLDT Inc. and Smart Communications, Inc. are making strides in renewable energy by opting for geothermal power in seven of their Visayas facilities.PLDT and Sma…

Offshore Wind Power

‘Underpowered’ Auctions Threat to UK Offshore Wind Ambitions – Energy UK

Energy UK has warned that the forthcoming Contracts for Difference (CfD) auction will fall well short of delivering the expansion of offshore wind needed to hit…

Energy Safety

Exxon, Guyana’s Environmental Agency in Breach of Oil-Spill Insurance

An Exxon Mobil unit is in breach of insurance obligations for its first offshore oil project in Guyana in part due to errors by the environmental regulator, a G…

Solar Battery (Storage)

Rimac Tech Enters Stationary Energy Storage With New Tech, Gigafactory Plans

Croatian high-performance EV component supplier and car manufacturer Rimac Technology has developed a novel battery architecture that is said to reduce efficien…

United Kingdom

Ingeteam Develops a Central Inverter for 1500 v DC Batteries

The IS STORAGE 3Power HV inverter is aimed at large-scale storage systems developed with batteries of up to 1500 V DC.The first units will be delivered in July …

Wind Farm

Pattern Energy Selects EPC Contractors for America’s Largest Wind Energy Project

SunZia Transmission will enable access to the 3,500+ MW SunZia Wind project, powering the needs of 3 million Americans.Pattern Energy Group LP (Pattern Energy),…

Wind Farm

RPC Closes €200M Refinancing Despite Energy Crunch

Renewable Power Capital (RPC) closes the long-term refinancing of 3 onshore wind farms in FinlandThe new package totalling almost €200m has been secured de…

Carbon Recycling

Gmex Group Launches ZERO13 Digital Carbon Credits Aggregation Ecosystem

Partners with Verdana Eco-Consortium, Alléo Energy and Pay DIRTLONDON, May 4, 2023 - (ACN Newswire) - GMEX Group Limited ("GMEX"), a leader in digital bu…

Electric Vehicles

Ford Model E Electric Vehicle Unit Posts $722M Loss in Q1 2023

Ford maintains its projection that losses at the Model e EV business will rise nearly 50 percent to $3 billion this year.Ford Motor Company released its first-q…

Electric Vehicles

Tesla Is Building a New ‘Lithium Lab’ in Nevada

Tesla is building a new ‘Lithium Lab’ in Sparks, Nevada, according to a new building permit obtained by Electrek.As the company made clear at its re…

Electric Vehicles

NIO Says It’s Not Afraid of Tesla and Will Challenge VW With Affordable EVs in Europe

In an increasingly competitive electric car market, EV startup NIO believes it’s well-positioned to hit its goal of becoming profitable this year. NIO is …

Liquid Hydrogen

Plug Power Presents Stationary Fuel Cell System to Charge BEVs

Plug Power is looking to secure high-power charging in remote niches of the world and has unveiled a stationary fuel cell system for charging commercial EV flee…