US will reveal plans to commercialize nuclear fusion at COP28

US Special Envoy for Climate, John Kerry (center), flanked by CFS CEO Bob Mumgaard (right) and Eni CEO Claudio Descalzi (left). Image: Eni

The US will outline a strategy for commercializing nuclear fusion power on December 5 at a COP28 event in Dubai, John Kerry, the country's special envoy on climate change, announce...

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UK investors back startup making EV motors without rare earths

Image: AEM

Advanced Electric Machines (AEM), the UK-based startup that makes electric vehicle motors without rare earths or copper – and therefore 100 percent recyclable – announced it had ra...

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UK raises guaranteed prices for RE projects, offshore wind to get 66% more, solar up 30%

The UK has announced increases in the country's guaranteed price renewable energy projects after a review of the country's 'maximum strike price' for such projects. The biggest inc...

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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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Smartphone maker Xiaomi will launch five-seater EV next year

Smartphone company Xiaomi is getting into electric vehicles, according to filings released by China's Ministry of Industry and Information Technology (MIIT), which is responsible f...

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Daily Shorts: Snam plans H2 pipeline, esVolta gets $170 mn for California energy storage, and more

First Citizens Bank announced it served as the lead agent on a $170 million credit facility extended to esVolta, a company that develops, owns and operates utility-scale battery en...

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Exxon launches lithium business, targets supply to 1 million EVs by 2030

Image: Shutterstock

ExxonMobil has announced plans to produce lithium from land in southern Arkansas, USA, that it acquired earlier this year, marking one of the first direct forays by legacy oil and ...

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Daily Shorts: Canadian satellite to monitor CO2 from space, global treaty on plastic pollution, and more

Image: Pexels

Canadian emissions tracking company GHGSat launched Vanguard, a satellite that will help monitor CO2 emissions from individual industrial facilities such as coal plants and steel m...

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​Tesla will double components sourced from India to $2 billion, says trade minister Goyal

Image: Tesla

Tesla is planning to double the amount of components it will import from India to almost $2 billion, the country's Union commerce and industry minister Piyush Goyal annou...

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How China plans to put the brakes on methane, a gas that's 28 times deadlier than CO2

China has pledged to curb flaring from oil and gas wells as part of its measures to reduce methane. Image: Shutterstock

China has released its much-awaited plan to reduce methane emissions, but the results have been mixed, drawing praise and disappointment. The plan, outlined earlier this week towar...

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Daily Shorts: Quebec getting $3 bn GH2 project, Tesla heads to new markets, and more

Image: Shutterstock

TES Canada H2 Inc plans to set up a 70,000 metric tons per annum green hydrogen plant in Quebec, and the news could be announced as soon as this week. The $2.9 billion project will...

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Daily Shorts: Fonterra to cut farm emissions, Oxy wants to licence its carbon capture technology, and more

Fonterra, the world's largest dairy exporter, said it would reduce farm emissions by 30 percent by 2030, largely by improving farm practices, deploying novel technologies, and plan...

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Green concrete offers a quick fix to building emissions

Image: Pexels

The buildings & construction sector is among the most polluting industries in the world, accounting for up to 40 percent of global carbon emissions, according to one estimate. ...

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Daily Shorts: BlackRock backs Oxy's DAC project, Rivian ups EV production, and more

US electric vehicle maker Rivian Automotive raised its forecast for full-year production to 54,000 units, an increase of 2,000 units. The Amazon-backed company also said it would e...

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Daily Shorts: NextEra EP sells Texas pipelines, US to spend $2 billion on greening buildings, and more

Image: Wikimedia

Pipeline operator Kinder Morgan has agreed to acquire NextEra Energy Partners' natural gas pipelines in South Texas in a $1.82 billion deal. The pipeline portfolio, STX Midstream, ...

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Air Products to create Europe's largest blue hydrogen plant at Rotterdam

Air Products' Rotterdam hydrogen plant is getting a carbon capture system. Image: Air Products

Air Products announced it will build a carbon capture and carbon dioxide (CO2) treatment facility at its existing hydrogen production plant in Rotterdam, the Netherlands. The facil...

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Daily Shorts: Singapore’s Sembcorp eyes 25 GW RE capacity by 2028, Orsted cancels projects due to ship shortage, and more

Image courtesy: Sembcorp

Danish wind developer Orsted has cancelled two offshore projects off the coast of New Jersey, but that had less to do with margin squeeze and more to do with supply side bottleneck...

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IIT researchers crack CO2-to-CO method that could help decarbonize industry

India has granted researchers at IIT Bombay a patent for technology that converts CO2 into CO or carbon monoxide, in a process that holds huge potential for carbon capture and ener...

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Lithium demand slows as EV momentum falls, but miners stay bullish

Greenbushes in Western Australia, the world's largest lithium mine. Image courtesy: IGO

Albemarle, the world's largest lithium miner and among the largest suppliers of the mineral to EV battery makers, reported lower-than-expected quarterly profit and cut its annual f...

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Daily Shorts: China's plan to cut methane, US to spend $440 mn on solar + battery in Puerto Rico, and more

Nikola has received non-binding orders for 277 trucks. Image: Nikola

China could unveil a plan to cut down methane emissions before the start of COP28 in Dubai, but might not set specific targets for reduction, media reports said. The plan is likely...

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Daily Shorts: Portugal readies offshore wind auction, Thailand crops EV subsidy, and more

Thailand has approved a new subsidy package for the country's booming electric vehicle industry, but decreased individual subsidy amount by 33 percent, citing strong momentum in th...

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SSE Renewables gets green light for 320 MW BESS, one of UK’s biggest battery projects

SSE Renewables' Monk Fryton battery will be located next to the UK National Grid's Monk Fryton station. (Image for Representational Purpose) Image: SSE Renewables

SSE Renewables, the green arm of energy developer SSE, has received the green signal to develop one of UK's largest battery energy storage systems (BESS) projects. The company said...

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Daily Shorts: Toyota boosts EV battery investment by $8 bn, Indonesia finalizes JETP plan, and more

A crashed Tesla. (Picture for Representational Purpose) Image: US NTHB

Toyota announced plans to invest $8 billion in the company's electric vehicle battery manufacturing plant in North Carolina, USA, taking total investment in the project to around $...

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Daily Shorts: Repsol puts H2 plant on hold, US announces $1.3 bn support to power lines

View from the top of the Nalubaale Power Station in Uganda, which the EU will help upgrade. Image: Fredrick Onyango

Spanish oil company Repsol has suspended plans to set up a 100 MW hydrogen project in northern Spain due to tax uncertainty, company executives said. Spain is considering extending...

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Eye on EV Charging: In conclusion, a global snapshot and some questions that need answers

Whether Indian e-bus and OEMs collaborate to launch charging networks remains to be seen. Image: Shutterstock

Well distributed and easy-to-access charging networks will be a vital factor for faster adoption of e-mobility. The networks need to provide fast, reliable and sustainable charging...

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Weekend Roundup: Norway's first offshore wind auction, Peru's $600 mn transmission networks, and more

Colombian company Interconexion Electrica (ISA) bagged two contracts to build energy transmission networks in northern Peru. The contracts, worth $600 million, will require ISA to ...

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RE transition becomes an imperative, there's no looking back now

In many ways, this year was the tipping point for renewable energy. The world has woken up to the imperative of energy transition, and countries around the world have made progress...

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Daily Shorts: Pulse orders $100 million of Tesla ultra-fast chargers, GM suspends Cruise and more

Tesla has bagged a $100 million order for ultra-fast chargers from Pulse, marking the first time the Elon Musk-led company's chargers will be deployed on an independent EV charging...

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Epsilon announces $650 million battery components and anode plant in USA

The move assumes significance considering China has moved to restrict graphite exports from December  Indian battery components maker Epsilon Advanced Materials (EAM) announce...

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