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Leyline Partners With Momentum to Invest in Growing Energy Storage Market

Leyline Renewable Capital, a leading provider of pre-construction debt and equity capital for renewable energy development, announced a new partnership with Momentum Energy Storage Partners, an energy storage developer based in Columbus, Ohio. Leyline’s funding will facilitate the development of numerous renewable energy projects across the United States, including existing endeavours underway within the Pennsylvania, Jersey and Maryland Power Pool (PJM) […]

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Sungrow Supplies 21 MWh Solar-plus-Storage Plant in Japan

Sungrow, a leading inverter solution supplier for renewables, has announced that a 21 MWh utility-scale solar-plus-storage project powered by the Company in Hokkaido, Japan, has been commercially operational since December 2020, demonstrating the continued efforts in maximising profit from solar energy and decarbonising the Japanese economy under the FiT incentives. The project occupies around 85 […]

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Delhi Govt Issues Tender For 500 EV Charging Points at 100 Locations

After Delhi Chief Minister launched the ‘Switch Delhi’ campaign, Delhi power minister Sateynder Jain released a tender to set up 500 electric vehicles (EV) charging points at 100 different locations, on Friday.  In a press conference, minister Jain said, “Delhi government has floated nation’s biggest tender for EV (electric vehicle) charging today, with provision for […]

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Australian Government Rules Out Electric Vehicle Subsidies From ‘Future Fuel Strategy’

The Australian government has released a ‘Future Fuel Strategy’ paper, which states that the government will not provide subsidies to spur faster growth of cleaner cars (electric vehicles). It does not include policies that can make buying electric vehicles (EVs) affordable, as some other countries have announced. Rather, the government proposed to invest in electric […]

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UNEP, Tata Power and Central Railway Partners to Launch EV Charging Points

The Central Railway, Mumbai, partners with the UN Environment Programme (UNEP) and Tata Power to launch their novel green initiative to promote e-mobility in Mumbai. The joint venture has announced the installation of charging points for electrical vehicles (EVs) as a part of this initiative. These charging points would be available at all important railway […]

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Ford Raises Investment in EV & AV Leadership Up To $29 Billion

US automaker Ford Motor Company has announced to increase investments in electric vehicles (EVs) and autonomous vehicles to USD 29 billion. The company ended 2020 strongly, improving its automotive and credit businesses in the fourth quarter. Speaking of their achievements, Ford President and CEO Jim Farley stated, “The transformation of Ford is happening and so […]

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Australia Needs Ambitious RE Target Policy to Unlock Investments: WoodMac

Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to Wood Mackenzie Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to research firm Wood Mackenzie. The share of renewables in the country’s National Electricity Market (NEM) power generation mix is expected to […]

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1 in 6 Passenger Cars Registered in EU in Q4 was Electrically-Chargeable

In Q4 2020, nearly one in six passenger cars registered in the European Union (EU) was an electrically-chargeable vehicle (16.5 percent). In the fourth quarter (Q4) of 2020, nearly one in six passenger cars registered in the European Union (EU) was an electrically-chargeable vehicle (16.5 percent). Stimulus packages introduced by governments to boost demand, following […]

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