India might halve import tax on solar panels, rollback GST

India might halve the import tax on solar panels and rollback the GST rate on the devices because of a shortage in domestic production, Reuters reports in an exclusive, citing thre...

Read More

Tesla's Model Y becomes best-selling car globally, first EV to bag crown

Tesla had the top-selling vehicle globally in the first quarter of this year, data from Jato Dynamics shows. The company's Model Y beat Toyota's Corolla sedan and RAV4 compact SUV ...

Read More

Canada invests CAN$300 million in GM-POSCO Chemicals battery materials plant

Canada will invest CAN$300 million in a plant being set up by General Motors and POSCO Chemicals to manufacture battery materials, the country announced. America's GM and South Kor...

Read More

Ford gets EV owners access to Tesla charging stations, announces switch in connectors

Tesla has 12,000 fast chargers in North America. Image: Tesla

Ford and Tesla have agreed a deal that would allow Ford EV owners to charge their vehicles at Tesla stations, the two companies announced. The deal grants owners of models such as ...

Read More

Eversource puts wind assets on block, exits Orsted JV for $625 million

Eversource Energy announced it will sell its 50 percent stake in a wind farm development site in Massachusetts to Danish joint venture partner Ørsted for $625 million. This transac...

Read More

Hyundai, LG Energy announce $4.3 billion battery cell plant in the US

Hyundai Motor Group and LG Energy Solution (LGES) will together build an EV battery cell manufacturing facility in the US at an investment of over $4.3 billion, the companies annou...

Read More

Microvast loses $200 million US grant over China concerns

The US Department of Energy has withdrawn a $200 million grant to US battery maker Microvast, citing concerns over the company's connections with China. The grant was aimed at help...

Read More

JPMorgan Chase announces $200 million in CDR deals

JPMorgan Chase on Tuesday announced it will spend $200 million to help scale the growth and development of carbon dioxide removal (CDR) technologies. The US banking behemoth aims t...

Read More

In Europe, a turbine maker's appeal for direct cash transfer

Siemens Gamesa COO Tim Dawidowsky said that although wind power is a critical component of renewable energy, turbine makers “losing billions”. Image: Pexels

The chief operating officer of Siemens Gamesa has pitched for direct financial assistance to turbine manufactures to support their investments, pointing out that they are a critica...

Read More

New York grid records highest output from solar power

New York's grid operator says that for an hour on May 18, solar power accounted for about 20% of its energy mix. Image: Pexels

The grid operator of New York state said on Tuesday that the grid recorded its highest output from solar energy last week. New York Independent System Operator (NYISO) announced th...

Read More

HyET, ENPRO sign deal on hydrogen-processing technology

HyET Hydrogen of Netherlands has signed an MoU with ENPRO Industries of India to collaborate on hydrogen-processing technologies. Under the agreement, ENPRO will serve as the engin...

Read More

Europe bags €10 billion in giga factory investments

Europe has bagged around 10 billion euros in investment for two giga factories that will supply batteries to car manufacturers from 2026. The deals come after the bloc loosened rul...

Read More

‘The world needs to add 1,000 GW of renewables capacity annually, against 295 GW last year’

Francisco La Camara, Director General, International Renewables Agency, at the World Utilities Congress in Abu Dhabi

Francesco La Camera, Director General of IRENA (International Renewable Energy Agency), talks to ETN Editor-in-Chief Ashok Thakur on barriers limiting the off-take of renewable ene...

Read More

Allkem, Livent merge to create world's third largest lithium miner

US-based Livent and Australia-based Allkem are combining in a $10.6 billion all-stock deal that will create the world's third-largest producer of lithium, a metal pivotal to making...

Read More

China risks idle factories unless it shifts to EVs faster

Automakers in China risk sitting with idle factories unless they speed up transition to new energy vehicles such as fully electric vehicles and plug-in hybrids, Reuters reports, ci...

Read More

Microsoft deal puts fusion power in spotlight

Is this the watershed moment for nuclear fusion? Or have two companies jumped the gun? Microsoft has signed a deal for electricity generated from nuclear fusion, in the first such ...

Read More

UAE bats in favor of fossil fuels, suggests cutting emissions instead

The United Arab Emirates has pushed back in favour of conventional sources of energy, suggesting countries agree to phase out emissions rather than fossil fuels. Countries should a...

Read More

Will e-bikes cannibalize their ICE makers?

As TVS, Hero and Bajaj prepare to do battle in the electric domain, they risk reducing their own profits because the margin on sales of e-bikes is lower than the margin on sales of...

Read More

IESW 2023: Deepening the handshake between ESS and C&I users

The post lunch session on Day 2 of IESW 2023 sought perspectives from the government and private players on energy storage for commercial and industrial sectors. Moderated by Harsh...

Read More

IESW 2023: Another Renewables wave coming, Storage industry primed for take-off!

The first session on Day 2 of the India Energy Storage Week – IESW 2023 – launched on a positive note with panelists in agreement not just over the importance and criticality of en...

Read More

IESW 2023: Battery Swapping is viable and scalable, it’s here to stay

The final Track 2 session on the inaugural day focused on battery swapping and was moderated by Gurusharan Dhillon, Director of e-Mobility at CES. The panel consisted of Randheer S...

Read More

IESW 2023: Microgrids find favor across the world

The 9th IESW has two technical sessions running in parallel, the Track 2 session on Global Microgrid Collaboration started off with presentations in which speakers outlined the imp...

Read More

Inside Europe's hydrogen game plan: 10 MT production + 10 MT imports by 2030

Europe is firming up ambitious plans to build scale in the Hydrogen economy as part of the continent's attempts to decarbonise energy supply and move away from Russian oil and gas....

Read More

Honda prepones new EV platform to 2025, eyes 2 mn EVs annually by 2030

Japanese automaker Honda is looking at a bigger EV with a new platform in 2025, a year earlier than initially announced. Tokyo-based Honda is also gearing up for an electrification...

Read More

GM, Samsung SDI to expand battery cell manufacturing capacity 30 GWh

General Motors Co. and Samsung SDI have announced a plan to invest more than $3 billion to build a new battery cell manufacturing plant in the United States that is targeted to beg...

Read More
arrow_upward