EU approves €902 mn aid for Northvolt's EV battery plant in Germany

A 3D rendering of Northvolt Drei, the company's upcoming EV battery giga factory in Germany: Northvolt

Decision helps keep the plant in Europe in the face of competing incentives from America The European Union has approved €902 million in aid for Swedish company Northvolt to set up...

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Nordic-Baltic Hydrogen Corridor: Pre-feasibility study for H2 pipeline launched

The proposed Nordic-Baltic Hydrogen Corridor project that seeks to establish cross-border hydrogen pipeline infrastructure from Finland to Germany passing through Es...

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Green progress: Germany’s CO2 emissions fall to 1950s levels after RE dominates energy mix

Germany's carbon dioxide emissions fell to their lowest in 70 years in 2023, touching levels last seen in the 1950s, the think tank Agora Energiewende announced. This was largely d...

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ADS-TEC Energy announces private investment from Svelland Capital

Image for representation purposes only. Source: ADS-TEC Energy

Battery-buffered, ultra-fast EV charging technology firm ADS-TEC Energy has announced the signing of a definitive agreement for a private investment by Svelland Capital, a dis...

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Daimler Truck announces customer fleet trials of its hydrogen-powered trucks

Daimler Truck announced it will deploy its hydrogen-powered Mercedes-Benz GenH2 Trucks for their first customer trial from next year. Companies such as Amazon, Air Products, INEOS,...

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Iberdrola, Masdar to invest €15 bn in offshore wind, green H2 projects

Source: Masdar

At COP28 in Dubai, energy firms Iberdrola and Masdar announced a €15 billion strategic partnership agreement to evaluate the joint development of offshore wind and green hydro...

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Lhyfe plans for 800 MW green hydrogen project at Lubmin in Germany

Image for representation purposes only. Source: Lhyfe

Hydrogen firm Lhyfe has announced its plans to produce up to 330 tons of green hydrogen per day at its proposed Lubmin plant in Mecklenburg-Vorpommern, Germany, with...

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RWE boosts green investments to €55 billion

German utility eyes renewables portfolio exceeding 65 GW under new investment plan covering 2024 to 2030 Where the money'll flow Solar capacity will rise from 3.9 GW now to 16 GW b...

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Hofer Powertrain develops fast recharging battery technology for EVs

German powertrain tech firm Hofer Powertrain has announced the launch of its advanced EV battery technology – the 'ULTEVATE Ultra' battery module. The company claims...

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Germany's BASF, Korea's SK On agree to jointly evaluate global lithium-ion battery market

A scientist at BASF pours cathode active material paste on aluminum foil. The cast film will then be dried and compacted. Later it will become the cathode, the positive pole of a lithium-ion battery. Image: BASF

German company BASF, a leading global producer of battery materials, has entered in an agreement with leading global electric vehicle battery cell manufacturer SK On. The two compa...

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Daily Shorts: US renewable projects run into 3-year transformer wait, VW promises cheap EV, and more

America's power sector is grappling with a transformer shortage. US renewable energy project developers who are setting up grid-scale RE and energy storage systems say critical com...

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Siemens, Air Liquide begin production at GW-scale electrolyzer factory in Berlin

Source: Air Liquide

Siemens Energy and Air Liquide have inaugurated their new multi-gigawatt electrolyzer factory located in Berlin, Germany. The series production of the hydrogen technology was start...

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BMW Group rolls out battery cell samples from its Parsdorf facility

BMW Group has recently announced the rolling off the battery cell production line at its new Cell Manufacturing Competence Centre (CMCC) in Parsdorf, Germany. The samples...

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Bosch introduces high-voltage battery repair set for Toyota, Lexus cars

Source: Bosch

Bosch is introducing an innovative, safe and resource-conserving solution for replacing high-voltage battery modules in Toyota and Lexus EV and hybrid models. It allows for ea...

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FEV opens lab for customized battery systems, cells in Germany

German firm FEV, specializing in the development of tailor-made battery systems and their components for mobility, is expanding its service portfolio with a new...

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Lhyfe breaks ground for the largest green hydrogen production plant in Germany

Leading European green hydrogen producer and supplier, Lhyfe, has started the construction work for building the largest commercial green hydrogen pro...

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VDL bags order to assemble 125,000 battery modules for BMW Group

VDL demo line in Born where battery packs can be assembled in a semi-automatic manner. Source: VDL Groep

Netherlands-based VDL Groep is planning to kick-start serial-assembly of EV battery systems at its Mobility Innovation Centre (MIC) in Born. The company has recently...

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Daily Shorts: Albemarle scraps Liontown purchase, E.ON risks falling behind RE transition, and more

Image: Pexels

US lithium miner Albemarle withdrew its proposal to acquire Australia's Liontown Resources for A$6.6 billion, citing "growing complexities" over the deal. Following the announcemen...

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Mercedes-Benz eActros 600 long-haul electric truck promises 500 km range

Mercedes-Benz Trucks has unveiled the production-version of the brand's first battery-electric long-haul truck 'eActros 600' for global markets. The heavy-duty electric truck defin...

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Daily Shorts: UAE's first commercial wind farm, Japan will subsidize hydrogen aeroplanes, and more

Image: Pexels

The UAE launched its first commercial-scale wind power project, a 104 MW installation at four sites run by the emirates' green power company Masdar. Electricity from the wind farm ...

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Daily Shorts: BYD profit triples, Indonesia's Aceh to get green hydrogen plant

Chinese EV powerhouse BYD said first-half profit tripled to $1.50 billion, as record deliveries helped the company retain the title of China's biggest-selling automotive brand. Dat...

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BMW to add high-voltage batteries logistics centre at Plant Leipzig

Image for representation purposes only. Source: BMW Group

BMW Group's Plant Leipzig located in the German state of Saxony is the pioneering facility for electromobility, which began assembling BMW i3 electric cars since 2014. The company ...

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Daily Shorts: Germany eyes geothermal, Malaysia readies EV champion

Germany plans to expand geothermal capacity 10 times by 2030, the country's chancellor said. Germany has some of Europe's biggest geothermal reserves, but has been slow to tap them...

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Daily Shorts: BYD plans battery plant in South Korea, Japan considers $14 bn green push

Japan is evaluating $14 billion in additional investments to promote local production of energy storage batteries, semiconductors and equipment used to make hydrogen, according to ...

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Daily Shorts: Germany boosts green fund, Morocco eyes 400 MW solar project

Image: Pexels

Morocco has launched a prequalification tender for a 400 MW solar project in the Atlas Mountains. The country's renewable energy agency Masen is seeking bidders to finance, build a...

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Daily Shorts: Maxeon Solar heads to US, Algonquin puts renewables biz on the block

Algonquin has 2.7 GW of wind and solar assets. Image: Pexels

Canadian power company Algonquin Power & Utilities announced it will put its renewables energy unit on the block and transition into a utility company. The company has wind and...

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Daily Shorts: Proterra files Chapter 11, Baosteel to study 10 million metric ton carbon capture project

Proterra'a ZX5 busses have a range of 340 miles on a single charge. Image: Proterra

Electric-vehicle parts company Proterra, which makes e-buses and battery packs, has filed for Chapter 11 bankruptcy protection. CEO Gareth Joyce said in a statement that the compan...

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Daily Shorts: Subaru ups EV sales target, VW eyes Leapmotor platform and more

Image: Subaru

Japan's Subaru announced it will target sales of 600,000 electric vehicles a year by 2030, or half the company's annual sales. The company also announced plans to invest $10.5 bill...

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VoltStorage bags €30 mn EU-secured loan for battery storage technologies

Image for representation purposes only. Source: VoltStorage

German flow-battery firm VoltStorage has received significant support from the European Investment Bank (EIB) with a venture debt loan of €30 million. The loan is secured...

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Daily Shorts: Swiss town gets 100% RE capacity, Germany’s getting an 800 MW hydrogen power plant and more

RWE's hydrogen plant will use Ansaldo Energia’s GT36 turbine to generate power. Image: Ansaldo Energia

Switzerland has installed six wind turbines in the town of Sainte-Croix along its French border, giving it enough capacity to meet the town's energy needs through renewable sources...

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