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Energy Transition

Hyundai Motor, Matrix Sign PPA To Power 174-MW EV Plant In US

Hyundai Motor Group recently signed a 174-Megawatt Power Purchase Agreement (PPA) with Spain’s Matrix Renewables. With their solar energy project, they can power their electric vehicle (EV) plant in the United States (US) with renewable energy. The South Korean car manufacturer Hyundai Motor signed a 15-year PPA with Matrix Renewables-led stillhouse solar project which is […]

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Sterling Tools Signs MoU With South Korea’s Yongin for EV Components Facility

Automotive fastener manufacturer Sterling Tools Limited has signed a Memorandum of Understanding (MoU) with South Korea’s, Yongin Electronics Co. Ltd, a major supplier of components to the Hyundai Kia Motor Group for the production of electric vehicle (EV) and electronic components within India. This agreement is expected to generate Rs. 250 crore in business over […]

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CleanMax, Apple Partner To Accelerate Renewable Adoption In India

Renewable energy company–CleanMax (Clean Max Enviro Energy Solutions) today announced a joint venture with Apple. As part of the partnership, Clean Max has successfully installed 14.4 MW of rooftop solar installations across six industrial sites in India. These installations are expected to mitigate around 207,000 tons of carbon dioxide (CO2) emissions throughout their operational life. By […]

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Nissan Showcases All-Solid-State Battery Pilot Line In Japan

Japan-based Nissan has showcased its new in-construction all-solid-state battery pilot line to members of the media at its Yokohama Plant in Kanagawa Prefecture. At the media conference, the company showcased its pilot line which is aimed to further promote development and innovative manufacturing technologies for the batteries. Under Nissan’s 2030 long-term vision, it aims to […]

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DEME’s Offshore Vessel Completes Turbine Foundation Work In Scotland

Belgium-based offshore energy company, DEME’s flagship ‘Orion’ completed monopile installation works on Ocean Winds’ Moray West offshore wind farm project in Scotland. Despite harsh winter conditions, DEME swiftly installed 29 monopiles in approximately two months. Meanwhile, DEME’s DP2 jack-up vessel ‘Apollo’ is installing the transition pieces.  The Moray West offshore wind farm, developed by Ocean […]

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EV Startup Raptee Rolls Out First Motorcycle From Chennai Plant

Chennai-based EV startup Raptee Energy has rolled out its first production-ready motorcycle from its manufacturing plant. The company said it signaled the company’s transition from a startup to a full-fledged EV brand. This milestone underscores Raptee Energy’s dedication to setting new standards for performance and sustainability in the industry. Raptee Energy’s assembly line in Chennai […]

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European Commission Signs Solar Charter To Boost Manufacturing Resilience

The European Commission has signed the European Solar Charter to support Europe’s solar manufacturing base. In the charter, the signatories commit to the support of Europe’s solar manufacturing base. The charter was signed in Brussels and was drafted by the European Commission. Last year, 56 GW of solar PV were installed in the European Union […]

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Tata Power EV Charging Network Surpasses 10 Cr Km Milestone

Tata Power, an integrated power and electric vehicle charging solutions provider company became one of the EV Charging solutions providers to power 10 crore (100 million) kilometres. It spans public, semi-public, bus/fleet, and home charger segments across India. This achievement underscores Tata Power’s contribution to promoting sustainable mobility solutions nationwide. India’s vision for sustainable transportation […]

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BII, FMO Lends BECIS US$50 Mn To Support RE Projects In South East Asia

British International Investment (BII), and FMO, recently announced a joint loan commitment of US$50 million to BECIS, an energy-as-a-service (EaaS) provider in South-East Asia. The joint financing facility will be used to fuel BECIS’ expansion and back their energy solutions across Vietnam, the Philippines, Indonesia, Thailand, Malaysia and India. This is in response to the […]

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